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1036 Linde Ave, New Braunfels, TX 78130
$800,000
1036 Linde Ave, New Braunfels, TX 78130View this property at 1036 Linde Ave, New Braunfels, TX 78130
1036 Linde AveNew BraunfelsTX78130
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Property Description
**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.
Full Property Details
Full Property Details for 1036 Linde Ave
General
- Price: $800,000
- Taxes: (2023)
- Status: Active
- Type: Commercial Multi-Family
- MLS ID: 9100238
- Updated: 2/3/2024
- Added to Site: 86 day(s) ago
Interior
- Flooring: Laminate, Tile
Additional Information
- Equipment: None
- Other Features: Storage
Parking
- Total Spaces: 16
- Parking Features: Additional Parking, Off Street
- Parking Ratio: 1
Location
- Area: CM
- County: Comal
- Subdivision: Sir Gerald 1
- Driving 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 to stay on Linde Ave
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- # Buildings: 1
- Exterior Const.: Brick
- Foundation: Slab
- Disability Access: None
- Square Feet: 700
- Current Bldg. Use: Multi-Family
- Year Built: 1978
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.415
- Lot Size (Sq. Ft.): 18,077.4
- Lot Size Source: Owner
- Street/Road Desc.: Gravel
Financial Considerations
- Lot Price Per Sq. Ft.: $44.25
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Documents Avail.: Financial Statement
- Inclusions: Building & Land
- Property ID: 600950002701
Listed by Teifke Real Estate
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Schools
Schools serving 1036 Linde Ave
School District:New Braunfels Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1911 S Walnut Ave, New Braunfels, TX 78130 | PK-5 | 0.9 mi | |
Lone Star Early Childhood School
2343 W San Antonio St, New Braunfels, TX 78130 | PK-PK | 1.2 mi | |
4150 Klein Mdws, New Braunfels, TX 78130 | 6-9 | 0.6 mi | |
659 S Guenther Ave, New Braunfels, TX 78130 | 9-12 | 0.6 mi | |
2551 Loop 337, New Braunfels, TX 78130 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1036 Linde Ave
Date
Details
Price
Change
Source
2/03/2024
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1036 Linde Ave
Year
Property Taxes
Change
Tax Assessment
Change
2018
$9,117
-14%
$580,290
4%
2022
$10,617
22%
$560,530
31%
2021
$8,676
1572%
$428,110
175%
2010
$519
—
$155,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1036 Linde Ave
1036 Linde Ave, New Braunfels, TX 78130 (MLS# 9100238) is a Commercial Multi-Family property. 1036 Linde Ave is currently listed for $800,000 and was received on February 03, 2024. Want to learn more about 1036 Linde Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in New Braunfels? You can browse all New Braunfels real estate or contact a Coldwell Banker agent to request more information.