1911 Palace Drive, New Braunfels, TX 78130
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: yitzchak pierson
Office: exp realty llc.
MLS#:604127
Source:TX_FRAR
Price summary
- Price:$299,000
- Price per sq. ft.:$179.8
About this home
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....
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Home facts
- Year built:1986
- Subdivision & Development:Palace Heights 2
- Listing ID #:604127
- Added:173 day(s) ago
- Updated:August 04, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Ceramic Tile, Laminate
- Dining Description:Breakfast Bar, Living/Dining Room
- Bathrooms Description:Double Vanity, Separate Shower, Tub Shower
- Kitchen Description:Dishwasher, Disposal, Electric Range, Kitchen/Family Room Combo, Microwave, Range, Some Electric Appliances
- Living area:1,663 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1986
- Building area:1,663 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Brick, Masonry
- Exterior Features:Covered, Porch, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$179.8
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Range, Some Electric Appliances
- Laundry features:Electric Dryer Hookup, Laundry Room, Washer Hookup
- Amenities:Double Pane Windows, Entrance Foyer, High Ceilings, Multiple Closets, Open Floorplan, Pull-Down Attic Stairs, Smoke Detectors, Walk-in Closets
Parking
- Parking description:2 Car Garage, Attached, Garage
- Garage:Yes
- Garage spaces:2
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