About 1502 Eichen Rd
Income-producing duplex on a 0.26-acre corner lot in the established Rhine Terrace neighborhood of New Braunfels, within Comal County and the Comal ISD boundary. Both sides are currently leased, making this a true turnkey investment with no HOA. The 1502 unit is a 3-bedroom/1-bath and the 1504 unit is a 2-bedroom/1-bath, each offering its own private entry, full kitchen, full bath, and attached single-car garage with a separate driveway, and each is separately metered for electric, water, sewer, and garbage through the City of New Braunfels so tenants carry their own utilities. Both units feature wood-look flooring, neutral paint, ceiling fans, double-closet bedrooms, and tub/shower baths, while the shaded corner lot offers mature pecan trees, a covered screened porch, a concrete patio, and a wood-privacy-fenced backyard. Ideally located just minutes from I-35, downtown New Braunfels, and the Comal and Guadalupe Rivers, this is a low-maintenance hold in a steadily growing rental market.
Features of 1502 Eichen Rd
| MLS® # | 1995444 |
|---|---|
| Price | $319,000 |
| Number Of Units | 2 |
| Square Footage | 1,818 |
| Acres | 0.26 |
| Year Built | 1971 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 1502 Eichen Rd |
|---|---|
| Subdivision | Rhine Terrace |
| City | New Braunfels |
| County | Comal |
| State | TX |
| Zip Code | 78130 |
Multi-Unit Information
| Gross Annual Income | $28,750 |
|---|---|
| Net Operating Income | $19,879 |
| Annual Operating Expense | $8,871 |
| Operating Expense Includes | Taxes, Insurance, Maintenance |
Unit 1 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer, Washer |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Attached |
| Handicap Access | NO |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer, Washer |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Two Central |
| Has Basement | No |
Exterior
| Exterior | Siding |
|---|---|
| Exterior Features | Covered Patio |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Comal |
|---|---|
| Middle | Church Hill |
| High | Canyon |
Additional Information
| Date Listed | June 26th, 2026 |
|---|---|
| Days on Market | 21 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 6.23 |
| Gross Rent Multiplier | 11.10 |
| Estimated Taxes | $5,817 |
Listing Details
| Agent | Kyle Ritter |
|---|---|
| Office | Anders Pierce Realty |
| Contact Info | (830) 998-4412 |