683-695 Albert St, New Braunfels, TX 78130

$3,490,000 Asking Price

5 beds
3 baths
2,911  sqft
Built in 1977

LOCATION LOCATION LOCATION! Sitting on 2 acres, this fully furnished resort style property offers an income generating opportunity unlike any other in the New Braunfels, generating over $120k a year (on just one of the homes)! In the heart of New Braunfels located less than 1.5 miles away from downtown and situated less than 5 blocks from Schlitterbahn AND THE RIVER! It is also less than 2 miles from Gruene Hall! With a heated, resort style pool (equipped with conveying sound system) & outdoor restrooms, pickle ball court, a fully functional garage style bar/game room fully equipped with TV's and much more! PRIVACY is a HUGE selling point as it backs up to an undeveloped private lot and sits away from main road! Did we mention, this property is already approved by the city for a "special use" permit which follows the property. Seller is willing to co-host on short term rental property sites to ensure new owners keep current rating and reviews (if buyer is looking to use as a short term rental). Whether this home is a homestead or an investment property, this is a RARE opportunity to own just under 2 acres of property in the heart of the fastest growing corridor in Texas!

Features & Amenities

Interior

General:
One Living Area,Separate Dining Room,Eat-In Kitchen,Two Eating Areas,Island Kitchen
Flooring:
Laminate
A/C:
One Central
Heating:
Central, Electric
Fireplace:
One, Fireplaces: 1

Exterior

General:
4 Sides Masonry, Private Tennis,Deck/Balcony,Double Pane Windows,Storage Building/Shed,Gazebo,Special Yard Lighting,Mature Trees
Style:
One Story
Pool:
In Ground Pool,Hot Tub,Pool is Heated,Fenced Pool
Parking:
Two Car Garage

Construction

Roofing:
Metal
Windows:
Some Remain
General:
One, Slab

Location

HOA Amenities:
Other - See Remarks
School District:
New Braunfels
County:
Comal

Lot

Zoning:
RIO VISTA ADDITION, BLOCK 4, LOT 45 & 46, 450670008500

Utilities

Utilities:
NBU
Water:
Water System,Sewer System,City
Sewer:
NBU

Financial

Buyers Agent Compensation:
1.5%

This listing courtesy of:
Malouff Realty, LLC, Rueben Valdez

About New Braunfels, TX

Housing

Number of Units
57,620
Median Home Value
$303,909
Median Rent
$1,067

31.07% of housing units are renter occupied.

8.22% are vacant.

Commute

Car
66.56%
Public Transportation
0.10%
Walk to Work
0.71%
Work from Home
31.46%
Other
0.93%

The median travel time to work is 19 minutes.

People

Population
138,421
Median Age
37.80
Median Household Size
2.92

Education

High School
25.30%
Associate’s Degree
6.78%
Bachelor’s Degree
25.98%
Graduate Degree
11.91%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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