505 & 507 Riverside Drive, New Braunfels

$414,590

0 Beds
0.0 Baths
1,896 Sqft
.37 Acres
0 Garages

Prime investment opportunity! This charming duplex featuring two 2 bed, 1.5 bath rentals in the desirable Summerwood subdivision offers a great location on a quiet cul-de-sac. Enjoy a spacious fenced yard with no rear neighbors and easy access to shopping, schools, and highways. Updates over the last few years include a new roof (2013), updated kitchen and vinyl plank flooring in unit 505, along with a new walk-in shower and tile as well as a new sprinkler system in 2022. Unit 507 has an updated AC unit, water heater, garage door opener and recent interior paint completed in 2023. Carpet was also replaced in 2019 in this unit. The kitchens are complete with refrigerator, stove, and dishwasher. Both units are leased: one unit is leased until Jul '24 and the other Jan '25! Summerwood Park amenities include a paved walking trail, tennis court, picnic areas, and a dock with relaxing views of the Guadalupe River. Don't miss out on this fantastic investment opportunity!

Property Details

505 & 507 Riverside Drive is a one story property on a 0.37 acre lot which offers built in 1983, and is 1,896 square feet in size. SUMMERWOOD real estate in New Braunfels has lots to offer. Priced at $414,590, this property is ready for your enjoyment. Contact us if you would like to preview 505 & 507 Riverside Drive, New Braunfels, TX or any additional homes for sale in New Braunfels

Essential Information
MLS® #1750219
Price$414,590
Bathrooms0.0
Square Footage1,896
Acres0.37
Year Built1983
TypeMulti-Family
Sub-TypeOne Story
StatusPending
Days on Market16
Community Information
Address505 & 507 Riverside Drive
Area2622
SubdivisionSUMMERWOOD
CityNew Braunfels
CountyComal
StateTX
Zip Code78130
Interior
HeatingCentral, 2 Units
CoolingTwo Central
Exterior
Exterior FeaturesCovered Patio
RoofComposition
ConstructionPre-Owned
FoundationSlab
Exterior

3 Sides Masonry, Stone/Rock, Wood

School Information
DistrictComal
MiddleChurch Hill
HighCanyon
Additional Information
Date ListedFebruary 8th, 2024
Listing Details
OfficeD. Lee Edwards Realty, Inc.
Property History
Status Changed from Active to Pending
Status Changed from New to Active
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the San Antonio Board of Realtors®, and is updated as of May 2nd, 2024 at 9:21pm CDT (date/time).

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The information being provided by the Central Texas MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The data is deemed reliable but is not guaranteed accurate by the MLS.

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