About 306 Dietert Ln #103 & 104
Full Duplex Opportunity - 5 Beds, 6 Baths, Each with 1-Car Garage. This duplex, built in 1984, offers a combined total of 5 bedrooms and 6 baths across two units. Each side includes a one-car garage and has been updated for comfort and convenience. The HOA provides access to a pool and sports court and covers lawn maintenance, water, trash, and all exterior upkeep, including the roof, which was replaced in 2022. UNIT 103 is a 3-bedroom, 3.5-bath offering 1,384 sq. ft. of living space across two stories, combining modern updates with low-maintenance living. The interior features a bright and functional layout, with each bedroom offering its own private bath for comfort and convenience. A one-car garage adds storage and parking flexibility. This unit is currently leased at $1500/month until 11/30/2026. UNIT 104 is a fully renovated 2-bedroom, 2.5-bath offering 1,168 sq. ft. of living space across two stories, providing comfort and convenience in a condo-style setting. The layout features two bedrooms, each with its own private bath, along with a half bath on the main level for guests. This unit is currently leased at $1300/month.
Features of 306 Dietert Ln #103 & 104
| MLS® # | 1929072 |
|---|---|
| Price | $369,000 |
| Number Of Units | 2 |
| Square Footage | 2,552 |
| Acres | 2.00 |
| Year Built | 1984 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 306 Dietert Ln #103 & 104 |
|---|---|
| Subdivision | Cedar Terrace |
| City | Canyon Lake |
| County | Comal |
| State | TX |
| Zip Code | 78133 |
Multi-Unit Information
| Gross Annual Income | $33,600 |
|---|---|
| Net Operating Income | $25,200 |
| Annual Operating Expense | $14,400 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, All Utilities, Other |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 3 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,300 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Washer Connection, Dryer Connection, Window Coverings |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,300 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Washer Connection, Dryer Connection, Window Coverings |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | One Central |
| Has Basement | No |
Exterior
| Exterior | Siding, Brick |
|---|---|
| Exterior Features | Covered Patio |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Comal |
|---|---|
| Elementary | STARTZVILLE |
| Middle | Mountain Valley |
| High | Canyon Lake |
Additional Information
| Date Listed | December 17th, 2025 |
|---|---|
| Days on Market | 209 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 6.83 |
| Gross Rent Multiplier | 10.98 |
| Estimated Taxes | $5,061 |
Listing Details
| Agent | Christopher Watters |
|---|---|
| Office | Watters International Realty |
| Contact Info | (512) 646-0038 |