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$425,000

957 Misty Acres Drive, New Braunfels, TX, 78130

$552,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,408 Sq Ft
DuplexDuplex
price_per_sqft$124.71 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Water Heater, Some Electric Appliances, Microwave, Range
FlooringLuxury Vinyl Plank, Tile

Exterior

Lot Size13,068 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APN35-0515-0019-01
Lot Number1A
SubdivisionMisty Acres 2
Land UseResidential
Legal DescriptionMISTY ACRES 2, BLOCK 3, LOT 1A
Census Tract310502
Assessed Land Value$78,750
Assessed Improvement Value$530,830
Assessment Year2025

About this property

Excellent investment or owner-occupant opportunity with this well-maintained duplex situated on a desirable corner lot in a highly convenient location with easy access to I-35 and Hwy 46. Unit 957 features 2 spacious bedrooms and 2.5 baths, while Unit 959 offers 3 bedrooms and 2.5 baths, providing flexibility for tenants or multi-generational living. Both units offer open-concept kitchen, dining, and living areas, creating a comfortable and functional layout for everyday living and entertaining. Additional features include: * Double-car garage for each side * Extra driveway parking * Spacious bedroom layouts * Well-maintained property inside and out * Privacy fenced backyard * Corner lot location with added convenience and curb appeal * Super easy access to I35 and Hwy 46 Whether you’re looking to expand your investment portfolio or live in one side while generating rental income from the other, this duplex offers a fantastic combination of location, functionality, and income potential.

Investor Tools

$155,299Estimated Mortgage Balance
$413,701Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$552,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

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Brian Jones

Home Team of America

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$459,931
2025
$78,750
$530,830
$609,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$459,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$198,750
No
First
Feb 26, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,299
$413,701
72%
27%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Braunfels

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957 Misty Acres Drive | Property Details | No Agent List