Prime investment opportunity! This charming duplex featuring two 2 bed, 1.5 bath rentals in the desirable Summerwood subdivision offers a great location on a quiet cul-de-sac. Enjoy a spacious fenced yard with no rear neighbors and easy access to shopping, schools, and highways. Updates over the last few years include a new roof (2013), updated kitchen and vinyl plank flooring in unit 505, along with a new walk-in shower and tile as well as a new sprinkler system in 2022. Unit 507 has an updated AC unit, water heater, garage door opener and recent interior paint completed in 2023. Carpet was also replaced in 2019 in this unit. The kitchens are complete with refrigerator, stove, and dishwasher. Both units are leased: one unit is leased until Jul '24 and the other Jan '25! Summerwood Park amenities include a paved walking trail, tennis court, picnic areas, and a dock with relaxing views of the Guadalupe River. Don't miss out on this fantastic investment opportunity!
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Price Unknown
505 & 507 Riverside Dr, New Braunfels, TX 78130
4beds
4baths
1,896sqft
Duplex, Multi Family, Multi Family
Built in 1983
-- sqft lot
$456,300 Zestimate®
$--/sqft
$1,224 Estimated rent
Home value
$456,300
$415,000 - $506,000
$1,224/mo
Zestimate® history
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New roofNew walk-in showerVinyl plank flooringGarage door openerSpacious fenced yardNew sprinkler systemUpdated kitchen
Zillow last checked:
Listing updated:
Listed by:
Francene Larrabee (830)620-7653,
D Lee Edwards Realty, Inc
Bought with:
Francene Larrabee, TREC #0703999
D Lee Edwards Realty, Inc
Source: Central Texas MLS,MLS#: 532838
Originating MLS: Four Rivers Association of REALTORS
Originating MLS: Four Rivers Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Electric, Heat Pump, Multiple Heating Units
Cooling
- Central Air, Electric, 2 Units
Appliances
- Included: Dishwasher, Refrigerator, Range
- Laundry: None
Features
- Ceiling Fan(s), Vanity, Window Treatments
- Flooring: Carpet, Vinyl
- Windows: Window Treatments
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,896 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Door-Multi, Garage Faces Front, Garage, Other, See Remarks
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard,Chain Link,Privacy,Wood
- Has view: Yes
- View description: Other
- Body of water: Other-See Remarks
Lot
- Size: 0.37 Acres
Details
- Parcel number: 60024
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Multi Family, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Masonry, Wood Siding
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Trash Collection Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Other, Park, See Remarks, Tennis Court(s), Trails/Paths, Curbs, Sidewalks
Location
- Region: New Braunfels
- Subdivision: Summerwood 6
HOA & financial
HOA
- Has HOA: Yes
- Association name: Summerwood POA
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | -- |
Source:  Central Texas MLS #532838 Report a problem | ||
| 2/24/2024 | Pending sale | $414,590$219/sqft |
Source: Central Texas MLS #532838 Report a problem | ||
| 2/24/2024 | Contingent | $414,590$219/sqft |
Source: Central Texas MLS #532838 Report a problem | ||
| 2/7/2024 | Listed for sale | $414,590$219/sqft |
Source: Central Texas MLS #532838 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 78130
Nearby schools
GreatSchools rating
- 5/10Goodwin Frazier Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Church Hill Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10Canyon High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Comal 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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Estimated market value
$456,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$456,300
- Texas
- Comal County
- New Braunfels
- 78130
- 505 & 507 Riverside Dr
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