227 Redbud Lane

New Braunfels, TX 78130

$345,000
Price
4
Beds
2
Baths
1,692 Sq. Ft.
$204 / Sq. Ft.
1,692
Sq. Ft.
$204
per Sq. Ft.

Description

A perfect investment opportunity in the heart of New Braunfels! This turn key duplex is boasts a new AC unit, thousands invested in capital improvements, and reliable tenants. Enjoy immediate cashflow from day 1 with this proven income generating property. Perfect for investors seeking a lucrative opportunity with large upside potential. This 2/1 unit mix is fully occupied, with Unit A leased at $1200/month expires August 31 2024 and Unit B leased at $1200 expires September 30 2024. Situated in a...A perfect investment opportunity in the heart of New Braunfels! This turn key duplex is boasts a new AC unit, thousands invested in capital improvements, and reliable tenants. Enjoy immediate cashflow from day 1 with this proven income generating property. Perfect for investors seeking a lucrative opportunity with large upside potential. This 2/1 unit mix is fully occupied, with Unit A leased at $1200/month expires August 31 2024 and Unit B leased at $1200 expires September 30 2024. Situated in a prime location with close proximity to shopping, dining, and major highways. You don't want to miss this one!
  1. Listed by Kyle Ledford • TREC #0636493 • Keller Williams Realty • (512) 987-9928

Property Details for 227 Redbud Lane

Subdivision Name
Shadow Park
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
Neighborhood
Pets Allowed
Negotiable
Parcel Number
56680
Tax Lot
7

Location

Listing Courtesy of Keller Williams Realty, Kyle Ledford, TREC #0636493
Add your commute
LISTING UPDATED: 05/23/2024 04:02 AM

Property Details for 227 Redbud Lane

StatusActive
MLS #6193427
Days on Market25
Taxes$4,319 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1987
Lot Size0.18 AC / 8,023 SF
CountyComal County

Location

Listing Courtesy of Keller Williams Realty, Kyle Ledford, TREC #0636493
Add your commute

Building Information for 227 Redbud Lane

Stories1Residences-Year Built1987Building Size-Lot Size0.18 AC / 8,023 SF

Payment Calculator

$2,243 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,883

Property Taxes

$360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 Redbud Lane

General Information
Parking
  • Garage Spaces: 0
  • Parking Features: Driveway
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Natural Woodwork
  • Flooring: Carpet, Tile, Vinyl
  • Other Equipment: None
  • Appliances: Free-Standing Electric Range, Free-Standing Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Laundry Room
  • Restrictions: Deed Restrictions
Exterior
  • Exterior Features: Private Yard
  • New Construction: No
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Shingle
  • Fencing: None
  • Direction Faces: Northwest
  • Window Features: Vinyl
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • Lot Features: City Lot
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating YN: Yes
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Owner Pays: None
  • Water Source: Public
Unit Information
Unit 1
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $1,200.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 09-30-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,200.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: A
  • BedsTotal: 2
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $1,200.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 08-31-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $1,200.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $252,290
  • Tax Year: 2024
  • Tax Rate: 1.73%
Showing Information
Showing Information
  • Security Features: None
  • Directions: From IH-35 exit 186/Walnut Avenue, turn on northbound frontage road. Turn right on McQueeney Road between Ford and Jeep dealerships. Proceed approximately .3 mile and turn left on Redbud Lane.

Property History for 227 Redbud Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 227 Redbud Lane

Taxable ValueLand$40,000Additions$212,290Total$252,290
Tax Record2023$4,356 ($363 / month)
Home Facts
Total Finished SqFt1,772 SqFtAbove Grade Finished SqFt1,772 SqFtStories1Lot Size8,024 SqFtStyleMulti-Family Dwelling (2-4)Year Built1987Year Renovated1990CountyCOMALAPN50-0684-0016-00

Schools near 227 Redbud Lane

This home is within New Braunfels Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Memorial Elementary School
PublicK to 5

New Braunfels Middle School
Public6 to 9

New Braunfels High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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227 Redbud Lane is a multi-family home for sale in New Braunfels, TX 78130. This property was listed for sale on May 22, 2024 by Keller Williams Realty, it's currently listed at $345,000. This listing's school district is New Braunfels Independent School District. Nearby schools include Memorial Elementary School, New Braunfels Middle School and New Braunfels High School. 227 Redbud Lane is a 4-bed, 2-bath, 1,692 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Kyle Ledford, TREC #0636493

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.