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    • Price cut: $5K (7/30)
    $299,000

    1911 Palace Dr, New Braunfels, TX 78130

    3beds
    1,663sqft
    : 
    $2,016/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    10,402 Square Feet Lot
    $291,900 Zestimate®
    $180/sqft
    $-- HOA

    What's special

    Functional single-story layout
    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.
    187 days
    |
    369
    |
    30
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Yitzchak Pierson (512)749-6532,

    eXp Realty LLC

    Source: Central Texas MLS,MLS#: 604127MLS LogoOriginating MLS: Four Rivers Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric, 1 Unit
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Some Electric Appliances, Microwave, Range
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Room
      Features
      • 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
      • Flooring: Ceramic Tile, Laminate
      • Windows: Double Pane Windows
      • Attic: Pull Down Stairs
      • Has fireplace: Yes
      • Fireplace features: Living Room, Masonry, Wood Burning
      Interior area
      • Total interior livable area: 1,663 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Exterior features: Porch, Rain Gutters, Storage
      • Pool features: None
      • Fencing: Back Yard,Privacy,Wood
      • Has view: Yes
      • View description: None
      • Body of water: None
      Lot
      • Size: 10,402 Square Feet
      Details
      • Additional structures: Storage
      • Parcel number: 43715

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Masonry
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • Resale
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Trash Collection Public

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: Palace Heights 2
      HOA
      • Has HOA: No
      Location
      • Region: New Braunfels

      Financial & listing details

      • Price per square foot: $180/sqft
      • Tax assessed value: $349,590
      • Annual tax amount: $6,124
      • Date on market: 2/12/2026
      • Cumulative days on market: 188 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $291,900

        $277,000 - $306,000

        $2,344/mo

        Price history

        DateEventPrice
        7/30/2026Price change$299,000-1.6%$180/sqft
        Source: LERA MLS #1940910 Report a problem
        6/15/2026Price change$304,000-4.7%$183/sqft
        Source: LERA MLS #1940910 Report a problem
        4/23/2026Price change$319,000-4.8%$192/sqft
        Source: LERA MLS #1940910 Report a problem
        4/8/2026Price change$335,000-2.9%$201/sqft
        Source: LERA MLS #1940910 Report a problem
        3/16/2026Price change$345,000-1.4%$207/sqft
        Source: Central Texas MLS #604127 Report a problem
        3/2/2026Price change$349,999-1.4%$210/sqft
        Source: Central Texas MLS #604127 Report a problem
        2/12/2026Listed for sale$355,000$213/sqft
        Source: Central Texas MLS #604127 Report a problem
        5/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/16/2023Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        7/25/2022Sold--
        Source: LERA MLS #1615132 Report a problem
        6/28/2022Pending sale$355,000$213/sqft
        Source: LERA MLS #1615132 Report a problem
        6/22/2022Contingent$355,000$213/sqft
        Source: LERA MLS #1615132 Report a problem
        6/16/2022Listed for sale$355,000+43.7%$213/sqft
        Source: LERA MLS #1615132 Report a problem
        5/18/2020Sold--
        Source: Central Texas MLS #406630 Report a problem
        4/23/2020Pending sale$247,000$149/sqft
        Source: Keller Williams Heritage #1450126 Report a problem
        4/23/2020Listed for sale$247,000$149/sqft
        Source: Keller Williams Heritage #1450126 Report a problem
        4/13/2020Pending sale$247,000$149/sqft
        Source: Keller Williams Heritage #406630 Report a problem
        4/8/2020Listed for sale$247,000+9.1%$149/sqft
        Source: Keller Williams Heritage #406630 Report a problem
        7/13/2018Sold--
        Source: Agent Provided Report a problem
        6/7/2018Listed for sale$226,500+29.5%$136/sqft
        Source: Keller Williams Legacy #1317073 Report a problem
        4/20/2012Listing removed$174,900$105/sqft
        Source: Riedel Realty #934355 Report a problem
        3/5/2012Listed for sale$174,900$105/sqft
        Source: Riedel Realty #934355 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,124 +11%$349,590 +8.4%
        2024$5,519 -12%$322,580 -11.2%
        2023$6,271 +10.1%$363,200 +20.8%
        2022$5,694 +16.5%$300,640 +24.6%
        2021$4,889 +22.5%$241,240 +6.5%
        2020$3,991 -20.8%$226,590 -2.8%
        2019$5,041 +30.2%$233,170 +13%
        2018$3,871 $206,290 +1.8%
        2017-- $202,620 +6.4%
        2016$3,450 +11.3%$190,440 +11.2%
        2015$3,098 $171,220 +4.4%
        2014$3,098 $164,040 +1.4%
        2013-- $161,730 +6%
        2012-- $152,550 -0.9%
        2011-- $153,870 -2.6%
        2010-- $157,910 -2.5%
        2009-- $162,000
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- $113,610
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 78130

        Getting around

        29 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: New Braunfels ISD

        Source: Central Texas 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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