362 East Faust Street

New Braunfels, TX 78130

$625,000
Price
Beds
2,160 Sq. Ft.
$289 / Sq. Ft.
2,160
Sq. Ft.
$289
per Sq. Ft.

Description

Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans,...Welcome to 362 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (388 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.
  1. Listed by Romel Gregorio • TREC #695174 • Keller Williams Heritage • rome@homewithrome.com

Property Details for 362 East Faust Street

School District
New Braunfels
Subdivision
KUEHLER ADD
Zoning
C3
Exterior
Brick
LISTING UPDATED: 11/18/2024 11:13 AM

Property Details for 362 East Faust Street

StatusNew
MLS #1824073
Days on Market4
Taxes$9,033 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / One Story
Year Built2011
Lot Size0.19 AC / 8,276 SF
CountyComal County

Building Information for 362 East Faust Street

Stories-Residences2Year Built2011Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 362 East Faust Street

Summary
Location and General Information
  • Area: 2620
  • Elementary School: New Braunfel
  • Middle School: New Braunfel
  • High School: New Braunfel
  • Zip Code Plus: 4645
  • Instruction/Direction: From IH-35 North exit S. Seguin St and go west. Turn right on E. Faust St. and property is on right.
  • Accessible/Adaptive Home: No
  • County: Comal
  • State: TX
  • Zip: 78130-4645
  • City: New Braunfels
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 10000061800
Property
Property and Assessments
  • Legal Description: KUEHLER ADDITION, NEW CITY BLOCK 1055, LOT 5 & 6
  • Subdivision Legal Name: KUEHLER ADD
  • Builder Name: UNKNOWN
  • Year Built: 2011
  • Type: One Story
Lot Information
  • Source Sqft: Appraiser
  • Legal Desc-Lot: 5
  • Square Feet: 2160.0
  • Apprx Age: 13
  • Lot Size: 0.19
Utilities
  • Air Conditioning: Two Central
  • Heat: 2 Units
  • Heating Fuel: Electric
  • Water/Sewer: City
  • Meters: Separate Electric, Separate Water
Interior and Exterior Features
Interior Features
  • Flooring: Stained Concrete
Exterior Features
  • Exterior Features: Covered Patio
  • Roofing: Composition
  • Foundation: Slab
  • Proposed Terms: Conventional, FHA, VA, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 2681.0
  • Gross Annual Income: 43200.0
  • Operating Expense Includes: Insurance, Maintenance, Services
  • Net Operating Income: 40519.0
Unit 1
  • Unit 1 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U1 Occupied: Yes
  • U1 Bedroom: 3
  • U1 Fulls Baths: 2
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 5
  • U1 Park Type: Attached
  • U1 Rent: $1,800.00
Unit 2
  • Unit 2 Info: Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U2 Occupied: Yes
  • U2 Bedroom: 3
  • U2 Full Baths: 2
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 5
  • U2 Park Type: Attached
  • U2 Rent: $1,850.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 362 East Faust Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 362 East Faust Street

Taxable ValueLand$253,570Additions$274,430Total$528,000
Tax Record2023$15,149 ($1,262 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories1Lot Size8,394 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Year Renovated2011CountyCOMALAPN1-0000-0618-00Fireplace TypeMasonry

Schools near 362 East Faust Street

This home is within New Braunfels Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9
Public - 9 to 12
Rating
School
Distance
Lamar Elementary School
PublicPK to 5

Oakrun Middle School
Public6 to 8

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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362 East Faust Street is a multi-family home for sale in New Braunfels, TX 78130. This property was listed for sale on November 18, 2024 by Keller Williams Heritage, it's currently listed at $625,000. This listing's school district is New Braunfels Independent School District. Nearby schools include Lamar Elementary School, Oakrun Middle School and New Braunfels High School Ninth Grade Cent. 362 East Faust Street is a 0-bed, 0-bath, 2,160 sqft multi-family home built in 2011.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Heritage, Romel Gregorio, TREC #695174

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.