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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 ren t 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.

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Detail Ic Property Details

Property Type : Residential

Price : $304,000

AD Id : 75290398

MLS Id : 604127

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

    CeramicTile, Laminate
  • Interior Features

    CeilingFans, DoubleVanity, EntranceFoyer, HighCeilings, LivingDiningRoom, MultipleClosets, OpenFloorplan, PullDownAtticStairs, SeparateShower, TubShower, WalkInClosets, BreakfastBar, KitchenFamilyRoomCombo
    Roof: Composition, Shingle
    Appliances: Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, SomeElectricAppliances, Microwave, Range
    Laundry Features: WasherHookup, ElectricDryerHookup, LaundryRoom
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric, OneUnit

  • Building Information

    Year Built: 1986
    Construction Materials: Brick, Masonry
    Stories: 1
    Patio And Porch Features: Covered, Porch
    Pool Features: None
    Private Pool: No
    View: None
  • Exterior Features

    Exterior Features: Porch, RainGutters, Storage

  • Lot Information

    Lot Size Acres: 0.2388

    Property Information

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

  • Listing Price Information

    Listing Price: $304000
    Original Price: $355000
    Cash, Conventional

  • Tax Information

    Parcel Number: 43715 Tax Lot: 11 Tax Block: 2 Tax Legal Desc: PALACE HEIGHTS 2, BLOCK 2, LOT 11

  • Parking Information

    Attached, Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Utility Information

    ElectricityAvailable, TrashCollectionPublic
  • 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 Security Features: SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1585 Agave Cellar, New Braunfels, TX, 78130 $283,999 3 2 1,396 1,396 SqFt
350 Cleveland Way, New Braunfels, TX, 78130 $699,793 5 4 3,193 3,193 SqFt
2293 W Mill St, New Braunfels, TX, 78130 $359,000 4 3 1,484 1,484 SqFt
1513 Agave Cellar, New Braunfels, TX, 78130 $304,999 3 3 1,700 1,700 SqFt
218 S Peach Ave, New Braunfels, TX, 78130 $269,000 2 2 1,152 1,152 SqFt
620 Guenther, New Braunfels, TX, 78130 $585,999 4 3 2,590 2,590 SqFt
3136 Dispatch Dr, New Braunfels, TX, 78130 $254,999 4 2 2,162 2,162 SqFt
3168 Dispatch Dr, New Braunfels, TX, 78130 $235,999 4 2 1,850 1,850 SqFt
3116 Dispatch Dr, New Braunfels, TX, 78130 $241,999 4 3 1,891 1,891 SqFt
734 Jennifer Way, New Braunfels, TX, 78130 $301,990 3 2 1,280 1,280 SqFt

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the Central Texas MLS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. © 2026 Central Texas MLS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 01:18

MLS: 604127 LISTED BY: Zak Pierson, eXp Realty LLC 888-519-7431 SOURCE: CTEXAS

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