1911 PALACE DRIVE, NEW BRAUNFELS, TX 78130
Homes for sale in New Braunfels.
Homes for sale in 78130.
List Price$304,000
1911 Palace Drive
New Braunfels, TX 78130
Listing #604127
3
Bedrooms
2 full
Bathrooms
1,663
Square Feet
House
Type
About This Property
Turnkey investment opportunity in the established Palace Heights neighborhood of New Braunfels. This 3-bedroom, 2-bath home with approximately 1,740 square feet is currently tenant-occupied with a lease in place through **September 30, 2026**, providing immediate rental income for a new owner. The lease may be extended if mutually agreed upon by the tenant and new owner. The home features a functional single-story layout with spacious living areas and is conveniently located near I-35, downtown New Braunfels, shopping, dining, and major employment corridors. Enjoy close proximity to Memorial Elementary School, Walnut Springs Elementary School, and Fischer Park, less than five minutes away, featuring trails, playgrounds, splash pads, fishing ponds, and open green space. Current rent is above the area average, making this an attractive option for investors seeking immediate cash flow while avoiding vacancy costs. It also appeals to buyers planning future owner-occupancy after the lease expires. Documentation is available upon request, including the current lease agreement, updated Seller's Disclosure Notice, foundation repair documentation, engineer's completion report, plumbing repair invoices, appliance replacement receipts, and maintenance records. The seller completed professional foundation repairs in 2023 with an engineer's certification, plumbing repairs, and recent appliance replacements. Property is offered **AS-IS**. Buyers are encouraged to conduct their own inspections and due diligence. The available documentation provides transparency and helps buyers make an informed purchasing decision.
Property Features
Location Information
County
Comal
Directions
From I35N, take a right onto Walnut. Turn left onto Northpark Ridge. Turn right onto Palace Dr. Home will be on the left.
Subdivision
Palace Heights 2
Interior Features
Interior
Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Living/Dining Room, Multiple Closets, Open Floorplan, Pull Down Attic Stairs, Separate Shower, Tub Shower, Walk-In Closet(s), Breakfast Bar, Kitchen/Family Room Combo
Cooling
Central Air, Electric, 1 Unit
Full Baths
2
Floors
Ceramic Tile, Laminate
Has Fireplace
Yes
Laundry
Washer Hookup, Electric Dryer Hookup, Laundry Room
Fireplace Description
Living Room, Masonry, Wood Burning
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Some Electric Appliances, Microwave, Range
Heating
Central, Electric
Exterior Features
Style
Traditional
Garage Spaces
2
Stories
1
Fencing
Back Yard, Privacy, Wood
Construction/Exterior
Brick, Masonry
Lot Size in Acres
0.239
Exterior
Porch, Rain Gutters, Storage
Water Body
None
Foundation
Slab
Has Waterfront
No
Possession
Closing & Funding, Closing
Has View
No
Water / Sewer
Public Sewer
View
None
Parking Description
Attached, Garage
Is One Story
Yes
Has Garage
Yes
School
School District
New Braunfels ISD
Additional Information
Roof/Attic
Composition, Shingle
Year Built
1986
Other Utilities
Electricity Available, Trash Collection Public
Status
Active
Property Type
SFR
Documents Available
Disclosure(s), Lease, Seller's Property Disclosure, Survey
Property SubType
Single Family Residence
Square Feet Source
Appraiser
Property SubType 2
Residential
Similar Listings
Mortgage Calculator
$1,418
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,095
Monthly Tax
$253
Monthly Insurance
$70
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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