505 & 507 Riverside Drive New Braunfels, TX $ 414,590
505 & 507 Riverside Drive
$ 414,590
Share Save

505 & 507 Riverside Drive

New Braunfels, TX, 78130
$ 414,590
Baths0.0 Sq 1,896

Monthly Estimate*

$ 2,896

505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 1
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 2
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 3
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 4
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 5
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 6
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 7
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 8
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 9
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 10
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 11
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 12
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 13
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 14
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 15
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 16
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 17
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 18
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 19
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 20
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 21
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 22
505 & 507 Riverside Drive, New Braunfels, TX 78130 - Image 23
Studio

Multi-Family Home for sale in New Braunfels, TX

for $414,590. This 1,896 square foot home was built in 1983 on a lot size of 0.368.

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!

See more

Multi-Family Pending

Price

$ 414,590

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.368

Year Built

1983

Town/City

New Braunfels

County/Region

Comal

MLS | Web ID

532838

Features
General
Interior Features CeilingFans Vanity WindowTreatments
Sewer PublicSewer
Heating Central Electric HeatPump MultipleHeatingUnits
Cooling CentralAir Electric Item2Units
Utilities ElectricityAvailable TrashCollectionPublic
Possession ClosingFunding Closing
Roof Composition Shingle
Appliances Dishwasher Refrigerator Range
Garage Spaces 1.0
Architectural Style Traditional
Pool Features None
Security Features SmokeDetectors
Construction Materials Brick Masonry WoodSiding
Year Built 1983
View Other
Stories 1
Levels One
Property SubType Duplex
Community Features Other Park SeeRemarks TennisCourts TrailsPaths Curbs Sidewalks
Accessibility None
County Comal
New Construction N
Property Type Residential
HOA / Comm Assn Y
Attached Garage Y
Subdivision Name Summerwood 6
Garage Y/N Y
Status Pending
Directions From TX 46 E/Tx 337 Loop E take a right onto Summerwood Dr and then turn right onto Riverside Dr.
City New Braunfels
Body of Water Other-See Remarks
Association Name Summerwood POA
View Y/N N
Senior Community Y/N N
High School District Comal ISD
Zoning Description R2
Total Units 2
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Street Name Riverside
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 18
Standard Status Pending
Occupancy Description Tenant
Middle/Junior School District Comal ISD
Elementary School District Comal ISD
Year Built Source Assessor
Tax Lot 21
Property Sub Type Additional Duplex MultiFamily
Expected Active Date 2024-02-06
See more
Interior
Flooring Carpet Vinyl
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features WindowTreatments
Fireplace Y/N N
Street Suffix Drive
Laundry Features None
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Fencing BackYard ChainLink Privacy Wood
Parking Features Attached DoorMulti GarageFacesFront Garage Other SeeRemarks
Water Source Public
Foundation Details Slab
Spa N
Lot Size Acres 0.368
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 505
See more
* Excluded Features
List By
Francene Larrabee

Listing Agent

D Lee Edwards Realty, Inc

Broker

flarrabee@gmail.com

Email

Affordability Calculator

$2,896
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,896
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1749398 Elementary School
1749492 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/7/2024$414,590 Listed Price

Map


See all

505 & 507 Riverside Drive, New Braunfels, TX, 78130 is a Multi-Family Home for sale at $414,590 with 1,896 sqft and a lot size of 0.368. 505 & 507 Riverside Drive is a studio with 0.0 baths and was built in 1983. The property's zip code is 78130 which is in New Braunfels, TX