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$355,000 Just Listed
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Property Description
Turnkey investment opportunity in the established Palace Heights neighborhood of New Braunfels. This well-maintained 3-bedroom, 2-bath home with approximately 1,740 square feet is currently tenant-occupied with a lease in place through September, providing immediate rental income for a new owner. The lease may be extended if mutually agreed upon by the tenant and owner. The home features a functional single-story layout with spacious living areas and a practical floor plan ideal for long-term rental stability. Located in a mature neighborhood with strong rental demand, the property offers convenient access to I-35, downtown New Braunfels, shopping, dining, and major employment corridors. One of the standout location benefits is its close proximity to Memorial Elementary School and Walnut Springs Elementary School, both just minutes away. Additionally, Fischer Park is less than five minutes from the home, offering trails, playgrounds, splash pads, fishing ponds, and open green space - a major draw for both tenants and future owner-occupants. Current rent is above the area average, making this an attractive option for investors seeking cash flow from day one. Buyers avoid vacancy costs and tenant placement expenses with an active lease already in place. This property may also appeal to buyers planning for future owner-occupancy, allowing rental income collection until lease expiration while securing ownership now. Showings by appointment only. Please do not disturb the tenant. Advance notice required. Buyer to verify all lease terms, square footage, and investment details.
Full Property Details
Full Property Details for 1911 Palace Dr
General
- Price: $355,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 604127
- Updated: 2/16/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Living/Dining Room, Multiple Closets, Open Floorplan, Pull Down Attic Stairs, Separate Shower, Tub Shower, Walk-In Closet(s), Breakfast Bar, Kitchen/Family Room Combo
- Fireplace: Yes
- Fireplace(s): Living Room, Masonry, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Some Electric Appliances, Microwave, Range
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Porch, Rain Gutters, Storage
- Porch/Patio/Deck: Covered, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- County: Comal
- Subdivision: Palace Heights 2
- Driving Directions: From I35N, take a right onto Walnut. Turn left onto Northpark Ridge. Turn right onto Palace Dr. Home will be on the left.
School Information
- Elem School District: New Braunfels ISD
- Midd School District: New Braunfels ISD
- High School District: New Braunfels ISD
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 1 Unit
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Trash Collection Public
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Masonry
- Roof: Composition, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 1,663
- Sq. Ft. Source: Appraiser
- Living Area: 1,663 Sq. Ft.
- Year Built: 1986
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.2388
- Fencing (Description): Back Yard, Privacy, Wood
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Disclosure(s), Lease, Seller's Property Disclosure, Survey
- Legal Description: PALACE HEIGHTS 2, BLOCK 2, LOT 11
- Property ID: 43715
- Block: 2
- Lot Number: 11
Listed by eXp Realty LLC
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Schools
Schools serving 1911 Palace Dr
School District:New Braunfels Independent School District
| Name | Grades | Distance |
|---|---|---|
Memorial Elementary School, New Braunfels, TX 1911 South Walnut Avenue, New Braunfels, TX 78130 | K-5 | 0.2 mi |
New Braunfels Middle School 608 Settlers Crossing, New Braunfels, TX 78130 | 6-8 | 1.3 mi |
New Braunfels High School Ninth Grade Cent 4150 Klein Meadows, New Braunfels, TX 78130 | 9- | 2.5 mi |
New Braunfels High School 2551 Loop 337 N, New Braunfels, TX 78130 | 10-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1911 Palace Dr
Date
Details
Price
Change
Source
2/12/2026
Listed
$355,000
—
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 1911 Palace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,519
-12%
$349,590
8%
2023
$6,271
—
$322,580
-11%
2023
$6,271
10%
$363,200
21%
2022
$5,694
16%
$300,640
25%
2021
$4,889
4%
$241,240
6%
2020
$4,679
-7%
$226,590
-3%
2019
$5,041
10%
$233,170
13%
2018
$4,563
3%
$206,290
2%
2017
$4,428
8%
$202,620
8%
2016
$4,106
10%
$188,342
10%
2015
$3,733
4%
$171,220
4%
2014
$3,576
1%
$164,040
1%
2013
$3,538
—
$161,730
—
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 1911 Palace Dr
1911 Palace Drive, New Braunfels, TX 78130 (MLS# 604127) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1911 Palace Drive is currently listed for $355,000 and was received on February 12, 2026. Want to learn more about 1911 Palace Drive? Do you have questions about finding other Single 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.

