Exceptional investment opportunity just moments from the iconic Faust Street Bridge and the Guadalupe River in one of New Braunfels’ most desirable and rapidly growing areas. Whether you’re looking to expand your real estate portfolio, live in one unit while generating income from the other, or capitalize on the area’s strong rental demand, this duplex offers outstanding flexibility and potential. Each unit features 3 bedrooms, 2 full bathrooms, approximately 1,080 square feet, vaulted ceilings, stained concrete floors, and an open-concept layout designed for easy living and low-maintenance ownership. All appliances convey, making this a truly turnkey opportunity for investors and owner-occupants alike. Residents will enjoy private fenced backyards, covered patios, and individual one-car garages, providing the privacy and conveniences typically found in single-family homes. Located just minutes from downtown New Braunfels, restaurants, shopping, entertainment, river recreation, and major commuter routes, this property offers an unbeatable combination of location and functionality. Opportunities like this are increasingly rare, own a well-maintained duplex in one of Texas’ most popular tourism destinations with multiple paths to profitability. Schedule your private showing today and discover why investors continue to target the Faust Street corridor for long-term growth and income potential.
Active
Price cut: $35K (7/24)
$589,999
388 E Faust St, New Braunfels, TX 78130
3beds
2baths
1,080sqft
Duplex, Multi Family, Multi Family
Built in 2011
-- sqft lot
$-- Zestimate®
$546/sqft
$-- HOA
What's special
Covered patiosVaulted ceilingsIndividual one-car garagesAll appliances conveyOpen-concept layoutPrivate fenced backyards
- 101 days
- 169
- 4
Zillow last checked:
Listing updated:
Listed by:
Shaunna Hanover (210)493-3030,
Keller Williams Heritage
Source: Central Texas MLS,MLS#: 614993
Originating MLS: Four Rivers Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric, 1 Unit
Appliances
- Included: Dishwasher, Electric Range, Disposal, Refrigerator, Some Electric Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Main Level, Laundry Room
Features
- All Bedrooms Down, Ceiling Fan(s), High Ceilings, Tub Shower, Vanity, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen, Kitchen/Family Room Combo, Kitchen/Dining Combo, Pantry
- Flooring: Concrete, Painted/Stained
- Windows: Double Pane Windows
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,080 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Door-Single, Garage Faces Front, Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Covered Patio
- Pool features: None
- Fencing: Back Yard,Privacy,Wood
- Has view: Yes
- View description: None
- Body of water: None
Lot
- Size: 8,999 Square Feet
Details
- Parcel number: 441626
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Masonry
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 2011
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Kuehler Add
HOA
- Has HOA: No
Location
- Region: New Braunfels
Financial & listing details
- Price per square foot: $546/sqft
- Tax assessed value: $570,730
- Annual tax amount: $9,997
- Date on market: 6/1/2026
- Cumulative days on market: 101 days
- Listing agreement: Exclusive Right To Lease
- Listing terms: Cash,Conventional,VA Loan
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Price change | $589,999-5.6%$546/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $624,9990%$579/sqft |
Source: | ||
| 12/20/2024 | Sold | -- |
Source: | ||
| 11/25/2024 | Contingent | $625,000$579/sqft |
Source: | ||
| 11/17/2024 | Listed for sale | $625,000$579/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,997 +10.7% | $570,730 +8.1% |
| 2024 | $9,033 +1.5% | $528,000 +2.5% |
| 2023 | $8,896 +15.2% | $515,249 +12.9% |
| 2022 | $7,725 +33.8% | $456,560 +60.2% |
| 2021 | $5,775 | $284,961 |
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
Schools provided by the listing agent
- Elementary: Lamar Elementary
- Middle: Oak Run Middle School
- High: New Braunfels High School
- 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.








