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505 & 507 Riverside Drive New Braunfels, TX 78130
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Key Details
Property Type Multi-Family
Sub Type Multi-Family (2-8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,896 sqft
Price per Sqft $218
Subdivision Summerwood
MLS Listing ID 1750219
Sold Date 05/31/24
Style One Story
Bedrooms 4
Full Baths 2
Half Baths 2
Construction Status Pre-Owned
Year Built 1983
Annual Tax Amount $6,054
Lot Size 0.368 Acres
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
Area 2622
Interior
Heating Central, 2 Units
Cooling Two Central
Flooring Carpeting, Vinyl
Exterior
Exterior Feature 3 Sides Masonry, Stone/Rock, Wood
Garage Spaces 2.0
Roof Type Composition
Building
Foundation Slab
Sewer City
Water City
Construction Status Pre-Owned
Schools
Elementary Schools Goodwin Frazier
Middle Schools Church Hill
High Schools Canyon
School District Comal
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
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