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362 E Faust St
New Braunfels, TX 78130
Duplex Downtown New Braunfels · Multifamily Property For Sale · 2 Units

Investment Highlights

  • Prime Location: Located in the heart of New Braunfels, near the historic Faust Street Bridge, Guadalupe River, and downtown charm.
  • Short-Term Rental Potential: Zoning allows for flexibility, enhancing investment opportunities.
  • Turnkey Investment: Fully leased units providing immediate, reliable rental income.
  • Expand Your Portfolio: Identical duplex at 388 E. Faust St. (just two doors down) also for sale, creating a unique chance to secure multiple units.

Executive Summary

Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.

Property Facts

No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Townhome
Lot Size 0.41 AC
Building Size 2,160 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 2011/2023
Parking Ratio 3.7/1,000 SF
APN / Parcel ID
01-0000-0618-00
  • 1-0000-0618-00
Zoning C3 - Commercial C-3

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $1,800 1,080
3+2 1 $1,800 1,080
  • Listing ID: 33908721

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 362 E Faust St, New Braunfels, TX 78130

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