For more information regarding the value of a property, please contact us for a free consultation.
505 & 507 Riverside DR New Braunfels, TX 78130
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,896 sqft
Price per Sqft $215
Subdivision Summerwood 6
MLS Listing ID 532838
Sold Date 05/31/24
Style Traditional
Construction Status Resale
HOA Y/N Yes
Year Built 1983
Lot Size 0.368 Acres
Acres 0.368
Property Description
Prime investment opportunity! This charming duplex featuring two 2 bed, 1.5 bath rentals in the desirable Summerwood subdivision offers a great location on a quiet cul-de-sac. Enjoy a spacious fenced yard with no rear neighbors and easy access to shopping, schools, and highways. Updates over the last few years include a new roof (2013), updated kitchen and vinyl plank flooring in unit 505, along with a new walk-in shower and tile as well as a new sprinkler system in 2022. Unit 507 has an updated AC unit, water heater, garage door opener and recent interior paint completed in 2023. Carpet was also replaced in 2019 in this unit. The kitchens are complete with refrigerator, stove, and dishwasher. Both units are leased: one unit is leased until Jul '24 and the other Jan '25! Summerwood Park amenities include a paved walking trail, tennis court, picnic areas, and a dock with relaxing views of the Guadalupe River. Don't miss out on this fantastic investment opportunity!
Location
State TX
County Comal
Interior
Interior Features Ceiling Fan(s), Vanity, Window Treatments
Heating Central, Electric, Heat Pump, Multiple Heating Units
Cooling Central Air, Electric, 2 Units
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Refrigerator, Range
Laundry None
Exterior
Garage Attached, Door-Multi, Garage Faces Front, Garage, Other, See Remarks
Garage Spaces 1.0
Garage Description 1.0
Fence Back Yard, Chain Link, Privacy, Wood
Pool None
Community Features Other, Park, See Remarks, Tennis Court(s), Trails/Paths, Curbs, Sidewalks
Utilities Available Electricity Available, Trash Collection Public
Waterfront No
Water Access Desc Public
View Other
Roof Type Composition,Shingle
Accessibility None
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Resale
Schools
School District Comal Isd
Others
HOA Name Summerwood POA
Tax ID 60024
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Read Less
Bought with Francene Larrabee • D Lee Edwards Realty, Inc