Updated duplex just steps from Goodwin Frazier Elementary. One unit is vacant and move in ready.... perfect for a house hacker! Below market rents offering clear upside for increased income. Each unit has a functional 2-bedroom floorplan and strong long term rental demand. Do not disturb tenants in 1525 side. 1523 is on lockbox and easy to show.
For sale
Price cut: $10.9K (8/6)
$279,000
1525 Lorelei, New Braunfels, TX 78130
4beds
1,660sqft
:
Get pre-qualified$1,918/mo
Multi Family
Built in 1985
-- sqft lot
$262,900 Zestimate®
$168/sqft
$-- HOA
What's special
- 146 days |
- 85 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Robert Libby TREC #400620 (210) 821-1122,
GIC Properties
Source: LERA MLS,MLS#: 1950424
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Two Central
Appliances
- Included: Oven, Dishwasher, Refrigerator, Oven/Stove
- Laundry: Washer Hookup, Dryer Connection, Washer Connection
Features
- Flooring: Carpet, Linoleum
- Has basement: No
Interior area
- Total interior livable area: 1,660 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Carport, Parking Pad, Pad
- Has attached garage: Yes
- Has carport: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,149 Square Feet
- Residential vegetation: Mature Trees
Details
- Parcel number: 450610006300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1985
Details
- Builder name: condra
Utilities & green energy
- Electric: Separate Electric Meter(s)
- Water: Separate Water Meter(s)
Community & HOA
Community
- Subdivision: Rhine Terrace
Location
- Region: New Braunfels
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $243,840
- Annual tax amount: $4,362
- Price range: $279K - $279K
- Date on market: 3/19/2026
- Cumulative days on market: 146 days
- Listing terms: Conventional,FHA,VA Loan,Cash
- Total actual rent: 1900
Estimated market value
Zestimate®
$262,900
Estimated sales range
$250,000 - $276,000
Rent Zestimate®
$1,439/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $279,000-3.8%$168/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $289,900$175/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,362 +8.5% | $243,840 +6.8% |
| 2024 | $4,019 +3.1% | $228,337 +3.9% |
| 2023 | $3,898 -10.1% | $219,754 -5% |
| 2022 | $4,336 +18.5% | $231,320 +34.1% |
| 2021 | $3,659 +29.8% | $172,500 +28% |
| 2020 | $2,818 +9.9% | $134,740 +14.8% |
| 2019 | $2,565 +0.3% | $117,320 +2.6% |
| 2018 | $2,556 | $114,300 +8.8% |
| 2017 | -- | $105,015 +0.8% |
| 2016 | $2,325 | $104,200 |
| 2015 | $2,325 | $104,200 |
| 2014 | $2,325 | $104,200 |
| 2013 | -- | $104,200 -2.7% |
| 2012 | -- | $107,120 -2.2% |
| 2011 | -- | $109,540 +10.7% |
| 2010 | -- | $98,940 -23.2% |
| 2009 | -- | $128,770 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | $71,620 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 78130
Nearby schools
GreatSchools rating
- 5/10Goodwin Frazier Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Church Hill Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Canyon High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Goodwin Frazier
- Middle: Church Hill
- High: Canyon
- District: Comal
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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