About 1521 Eichen
Well priced duplex just steps from Goodwin Frazier Elementary. One unit is month to month, but both have below market rents, offering clear upside for increased income. Each has a functional 2-bedroom floorplan and strong long term rental demand. Additional, similar duplexes available nearby for buyers seeking multiple units. Listing agent has an ownership interest in the property. Do not disturb tenants.
Features of 1521 Eichen
| MLS® # | 1950414 |
|---|---|
| Price | $289,000 |
| Number Of Units | 2 |
| Square Footage | 1,800 |
| Acres | 0.26 |
| Year Built | 1985 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 1521 Eichen |
|---|---|
| Subdivision | Rhine Terrace |
| City | New Braunfels |
| County | Comal |
| State | TX |
| Zip Code | 78130 |
Multi-Unit Information
| Gross Annual Income | $21,600 |
|---|---|
| Net Operating Income | $14,824 |
| Annual Operating Expense | $6,776 |
| Operating Expense Includes | Taxes, Insurance |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached, Carport, Pad |
| Handicap Access | NO |
| Rent | $1,050 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Attached, Carport, Pad |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Two Central |
| Has Basement | No |
Exterior
| Exterior | Brick, 4 Sides Masonry |
|---|---|
| Exterior Features | Mature Trees |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Comal |
|---|---|
| Middle | Church Hill |
| High | Canyon |
Additional Information
| Date Listed | March 19th, 2026 |
|---|---|
| Days on Market | 117 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.13 |
| Gross Rent Multiplier | 13.38 |
| Estimated Taxes | $4,729 |
Listing Details
| Agent | Robert Libby |
|---|---|
| Office | GIC Properties |
| Contact Info | (210) 821-1122 |