1911 Palace DR, New Braunfels, TX 78130
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1911 Palace DR, New Braunfels, TX 78130
1911 Palace DR, New Braunfels, TX 78130
1911 Palace DR, New Braunfels, TX 78130
1911 Palace DR, New Braunfels, TX 78130
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 304,000
Est. payment /mo
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Price Dropped by $15K

1911 Palace DR New Braunfels, TX 78130

3 Beds

2 Baths

1,663 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,663 sqft

Price per Sqft $182

Subdivision Palace Heights 2

MLS Listing ID 604127

Style Traditional

Bedrooms 3

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1986

Lot Size 10,402 Sqft

Acres 0.2388

Property Sub-Type Single Family Residence

Property Description

Turnkey investment opportunity in the established Palace Heights neighborhood of New Braunfels. This 3-bedroom, 2-bath home with approximately 1,740 square feet is currently tenant-occupied with a lease in place through **September 30, 2026**, providing immediate rental income for a new owner. The lease may be extended if mutually agreed upon by the tenant and new owner.

The home features a functional single-story layout with spacious living areas and is conveniently located near I-35, downtown New Braunfels, shopping, dining, and major employment corridors.

Enjoy close proximity to Memorial Elementary School, Walnut Springs Elementary School, and Fischer Park, less than five minutes away, featuring trails, playgrounds, splash pads, fishing ponds, and open green space.

Current rent is above the area average, making this an attractive option for investors seeking immediate cash flow while avoiding vacancy costs. It also appeals to buyers planning future owner-occupancy after the lease expires.

Documentation is available upon request, including the current lease agreement, updated Seller's Disclosure Notice, foundation repair documentation, engineer's completion report, plumbing repair invoices, appliance replacement receipts, and maintenance records. The seller completed professional foundation repairs in 2023 with an engineer's certification, plumbing repairs, and recent appliance replacements.

Property is offered **AS-IS**. Buyers are encouraged to conduct their own inspections and due diligence. The available documentation provides transparency and helps buyers make an informed purchasing decision.

Location

State TX

County Comal

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

Heating Central, Electric

Cooling Central Air, Electric, 1 Unit

Flooring Ceramic Tile, Laminate

Fireplaces Type Living Room, Masonry, Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Some Electric Appliances, Microwave, Range

Laundry Washer Hookup, Electric Dryer Hookup, Laundry Room

Exterior

Exterior Feature Porch, Rain Gutters, Storage

Parking Features Attached, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Back Yard, Privacy, Wood

Pool None

Community Features None

Utilities Available Electricity Available, Trash Collection Public

View Y/N No

Water Access Desc Public

View None

Roof Type Composition,Shingle

Porch Covered, Porch

Building

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Additional Building Storage

Construction Status Resale

Schools

School District New Braunfels Isd

Others

Tax ID 43715

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Central Texas MLS (CTXMLS)
Listed by Yitzchak Pierson • eXp Realty LLC

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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1911 Palace DR