About 215 Redbud Ln
A fantastic investment opportunity in New Braunfels TX. With the growing demand for housing in the area and the strategic location near I-35, downtown, and Gruene, these duplex homes could provide a great return on investment. The fact that they are already rented and ready for tenants makes it even more appealing for potential investors. These properties present a lucrative opportunity for investors wishing to expand their portfolio. 3 Units for sale individually or together.
Features of 215 Redbud Ln
| MLS® # | 1931145 |
|---|---|
| Price | $305,000 |
| Number Of Units | 2 |
| Square Footage | 1,836 |
| Acres | 0.18 |
| Year Built | 1985 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 215 Redbud Ln |
|---|---|
| Subdivision | SHADOW PARK |
| City | New Braunfels |
| County | Comal |
| State | TX |
| Zip Code | 78130-4875 |
Multi-Unit Information
| Gross Annual Income | $28,800 |
|---|---|
| Net Operating Income | $24,080 |
| Annual Operating Expense | $4,720 |
| Operating Expense Includes | Taxes |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | YES |
| Includes | Oven/Stove, Dryer Connection, Washer Connection |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | YES |
| Includes | Oven/Stove, Dryer Connection, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Not Applicable/None |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | New Braunfels |
|---|---|
| Elementary | Memorial |
| Middle | New Braunfel |
| High | New Braunfel |
Additional Information
| Date Listed | January 2nd, 2026 |
|---|---|
| Days on Market | 192 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.90 |
| Gross Rent Multiplier | 10.59 |
| Estimated Taxes | $4,720 |
Listing Details
| Agent | Genie Vincent |
|---|---|
| Office | Texas Home Genie |
| Contact Info | (830) 515-6135 |