1036 Linde Ave New Braunfels, TX $ 800,000
1036 Linde Ave
$ 800,000
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1036 Linde Ave

New Braunfels, TX, 78130
$ 800,000
Baths0.0 Sq 700

Monthly Estimate*

$ 5,317

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Studio

Commercial Property for sale in New Braunfels, TX

for $800,000. This 700 square foot building was built in 1978 on a lot size of 0.415.

**Investment Opportunity in the Heart of New Braunfels, TX!** Welcome to 1036 Linde Ave, a lucrative 8-unit apartment building nestled in the flourishing city of New Braunfels, TX. This prime property offers a blend of modern amenities, strategic location, and a promising investment potential. *Property Highlights:* - 8-unit apartment building with 4 units downstairs and 4 units upstairs. - Spacious and well-designed floor plans to cater to diverse tenant needs. - Small storage area at the back for added convenience. - Huge lot with a fenced-in backyard, providing privacy and outdoor space for residents. - Recent renovations in most units, including removal of carpets for easy maintenance. - Established reputation with a high demand from potential tenants, resulting in 100% occupancy. - Located in the second-fastest-growing city in the US, showcasing a high level of demand for rental properties. **Investment Benefits:** 1. **Stable Income:** Benefit from a consistently high occupancy rate, ensuring a steady and reliable rental income stream. 2. **Low Maintenance:** Recent renovations, including carpet removal, contribute to lower maintenance costs and increased property value. 3. **Room for Growth:** Expansive lot provides ample room for future expansion or additional amenities, catering to the growing demand in the area. **Why Invest in New Braunfels?** - Booming Economy: New Braunfels boasts a thriving economy, attracting a diverse population and contributing to the demand for rental properties. - Recreational Paradise: Positioned near the beautiful Guadalupe and Comal Rivers, offering residents a high quality of life with abundant recreational opportunities. - Easy Access: Conveniently located with access to major highways, providing easy commuting for residents.

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Commercial Active

Price

$ 800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,699

Style

Multi-Family

Lot Size

0.415

Year Built

1978

Town/City

New Braunfels

County/Region

Comal

MLS | Web ID

9100238

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available
Construction Materials Brick
Year Built 1978
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Accessibility None
County Comal
Operating Expense 35755
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Sir Gerald 1
Building Features Appliances Storage Storage Area(s)
Green Sustainability None
Other Structures Storage
Status Active
Directions Head northeast on I-35 N > Take exit 186 toward Walnut Ave > Merge onto N Interstate 35 Frontage Rd > Continue straight to stay on N Interstate 35 Frontage Rd > Turn right onto Linde Ave > Turn right
City New Braunfels
Disclosures None
MLS Area CM
Lot Size Square Feet 18077.4
Waterfront Y/N N
Street Name Linde
Property Condition Resale
Additional Parcels Y/N N
Leasable Area 8
Lease Type Deposit Required
Standard Status Active
Year Built Source Owner
Tax Assessed Value 556000
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Interior
Flooring Laminate Tile
Total Stories 2
Street Suffix Ave
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Additional Parking Off Street
Water Source Public
Total Parking 16
Foundation Details Slab
Number of Buildings 1
Building Area Total 700
Lot Size Acres 0.415
Road Surface Type Gravel
Lot Size Source Owner
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 1036
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* Excluded Features
List By
Doreen Sidney

Listing Agent

Teifke Real Estate

Broker

DoreenSidneyRealtor@gmail.com

Email

Affordability Calculator

$6,125
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,317
Monthly Property Taxes
$808
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2024$800,000 Listed Price

Map


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1036 Linde Ave, New Braunfels, TX, 78130 is a Commercial Property for sale at $800,000 with 700 sqft and a lot size of 0.415. 1036 Linde Ave is a studio with 0.0 baths and was built in 1978. The property's zip code is 78130 which is in New Braunfels, TX