About 1066 Carolyn
Turnkey investment opportunity in the desirable I35 Corridor between Austin and San Antonio featuring this well-maintained 2014 brick duplex fully leased at $1595 and $1550 respectively. Perfect for buy-and-hold investors, this property offers cash flow potential once tax assessment is abated down to market value and boasts remarkably low carrying costs including low property taxes and HOA fees of only $220 annually for both units. Each side features 3 bedrooms, 2 bathrooms, and a 2-car front-entry garage
Features of 1066 Carolyn
| MLS® # | 1938214 |
|---|---|
| Price | $429,000 |
| Number Of Units | 2 |
| Square Footage | 2,222 |
| Acres | 0.23 |
| Year Built | 2014 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 1066 Carolyn |
|---|---|
| Subdivision | Lake Front Hideaway |
| City | New Braunfels |
| County | Comal |
| State | TX |
| Zip Code | 78130 |
Multi-Unit Information
| Gross Annual Income | $37,740 |
|---|---|
| Net Operating Income | $21,536 |
| Annual Operating Expense | $15,072 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, Management |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,595 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 2 |
| Parking Type | Attached |
| Handicap Access | NO |
| Rent | $1,550 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | One Central |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Covered Patio |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Comal |
|---|---|
| Elementary | Canyon Lake |
| Middle | Church Hill |
| High | Canyon |
Additional Information
| Date Listed | February 2nd, 2026 |
|---|---|
| Days on Market | 161 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.02 |
| Gross Rent Multiplier | 11.37 |
| Estimated Taxes | $9,645 |
Listing Details
| Agent | Erion Shehaj |
|---|---|
| Office | Signature Real Estate |
| Contact Info | (713) 952-3200 |