1050 Carolyn, New Braunfels, TX

$379,000

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2,222

Square feet

0.23

Acres

About 1050 Carolyn

Capitalize on the best price and investment opportunity in New Braunfels with this fully leased duplex, strategically located in the I-35 corridor between Austin and San Antonio. Currently generating strong cash flow while fully occupied by long-term tenants paying $1,395 and $1,450. Designed for durability and low turnover costs, each unit features a spacious 3-bedroom, 2-bath open-plan layout with gorgeous stained concrete floors throughout, no carpet, and granite countertops in the kitchens and bathrooms. Both units come fully equipped with all appliances, including refrigerators, and offer grand living rooms, separate dining areas, utility rooms with washer/dryer connections, and attached 2-car garages with keypad entry. With private fenced backyards and covered patios for each tenant, this low-maintenance asset is perfectly positioned for long-term appreciation.

Features of 1050 Carolyn

MLS® # 1940040
Price $379,000
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 1050 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 Insurance, Maintenance, Management, Taxes

Unit 1 Information

Bedrooms 3
Bathrooms (Full) 2
Parking Spaces 2
Parking Type Attached
Handicap Access NO
Rent $1,495
Occupied YES
Includes Dryer Connection, Dishwasher, Disposal, Oven/Stove, Washer Connection

Unit 2 Information

Bedrooms 3
Bathrooms (Full) 2
Parking Spaces 2
Parking Type Attached
Handicap Access NO
Rent $1,495
Occupied YES
Includes Dryer Connection, Dishwasher, Disposal, Oven/Stove, Washer Connection

Amenities

Has Pool No

Interior

Heating Central
Cooling One Central
Has Basement No

Exterior

Exterior Brick
Exterior Features Covered Patio
Roof Composition
Construction Pre-Owned
Foundation Slab

School Information

District Comal
Elementary Canyon Lake
Middle Church Hill
High Canyon

Additional Information

Date Listed February 9th, 2026
Days on Market 158
Foreclosure No
Short Sale No
RE / Bank Owned No
Cap Rate 5.68
Gross Rent Multiplier 10.04
Estimated Taxes $9,645

Listing Details

AgentErion Shehaj
OfficeSignature Real Estate
Contact Info(713) 952-3200

Listing Map

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