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1911 Palace Drive

New Braunfels, TX 78130
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Bed 3

Bed

Bath 2

Bath

SqFt1,663

Sqft

Acres0.24

Acre(Lot)

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 a bove 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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Detail Ic Property Details

Property Type : Residential

Price : $299,000

AD Id : 75290725

MLS Id : 4794843

Beds : 3

Lot Size : 0.24 Acre

Living Area Size : 1,663

Year Built : 1986

Garage : 2

County : Comal

Subdivision: Palace Heights 2

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Composition, Shingle

    Flooring Information

    Laminate, Tile
  • Interior Features

    BreakfastBar, CeilingFans, DoubleVanity, EntranceFoyer, HighCeilings, HighSpeedInternet, OpenFloorplan, Pantry, WalkInClosets
    Roof: Composition, Shingle
    Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
    Laundry Features: LaundryRoom, ElectricDryerHookup
  • Heating & Cooling

    Heating: Central, Electric, Fireplaces Has Cooling: Yes

  • Building Information

    Year Built: 1986
    Construction Materials: Brick, Masonry
    Stories: 1
    Pool Features: None
    Private Pool: No
    Water front Features: None
    View: Neighborhood
  • Exterior Features

    Exterior Features: PrivateYard, RainGutters

  • Lot Information

    Main Square Feet: 0.2388 Lot Size Acres: 0.2388 Lot Description: BackYard,FrontYard

    Property Information

    Subdivision: Palace Heights 2 Source Property Type: Residential Property SubType: Single Family Residence Direction Faces: Northwest Levels: One Property Age: 40

  • Listing Price Information

    Listing Price: $299000
    Cash, Conventional

  • Tax Information

    Parcel Number: 43715 Tax Lot: 11 Tax Block: 2 Tax Year: 2025 Annual Tax: $6123.6 Tax Legal Desc: PALACE HEIGHTS 2, BLOCK 2, LOT 11

  • School Information

    Elementary School: Memorial Junior High School: New Braunfels Senior High School: New Braunfels
  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: From I35N, take a right onto Walnut. Turn left onto Northpark Ridge. Turn right onto Palace Dr. Home will be on the left. WaterSource: Public
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3136 Dispatch Dr, New Braunfels, TX, 78130 $253,999 4 2 2,162 2,162 SqFt
3116 Dispatch Dr, New Braunfels, TX, 78130 $240,999 4 3 1,891 1,891 SqFt
999 Schwarzlose Rd, New Braunfels, TX, 78130 $2,999,900 4 7 10,706 10,706 SqFt
999 Schwarzlose Road, New Braunfels, TX, 78130 $2,999,900 4 8 10,706 10,706 SqFt
3605 Fm 758, New Braunfels, TX, 78130 $119,995 2 1 1,004 1,004 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 01:22

MLS: 4794843 LISTED BY: Yitzchak Pierson, eXp Realty, LLC 888-519-7431 SOURCE: ACTRIS

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