New Braunfels, TX 78130,505 & 507 Riverside Drive
New Braunfels, TX 78130,505 & 507 Riverside Drive
New Braunfels, TX 78130,505 & 507 Riverside Drive
23
$414,590
Est.Price: ?

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4 BD
3 BA
1,896 SqFt

505 & 507 Riverside Drive New Braunfels, TX 78130

Est. payment /mo
SOLD DATE : 05/31/2024

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Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $218

Subdivision Summerwood

MLS Listing ID 1750219

Sold Date 05/31/24

Style One Story

Bedrooms 4

Full Baths 2

Half Baths 2

Construction Status Pre-Owned

Year Built 1983

Annual Tax Amount $6,054

Lot Size 0.368 Acres

Property Description

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!

Location

State TX

County Comal

Area 2622

Interior

Heating Central, 2 Units

Cooling Two Central

Flooring Carpeting, Vinyl

Exterior

Exterior Feature 3 Sides Masonry, Stone/Rock, Wood

Garage Spaces 2.0

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Construction Status Pre-Owned

Schools

Elementary Schools Goodwin Frazier

Middle Schools Church Hill

High Schools Canyon

School District Comal

Others

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

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Listed by Francene Larrabee • D. Lee Edwards Realty, Inc. • (830) 620-7653

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Allison Engel

Agent | License ID: 628170

+1(979) 255-8123

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