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1911 Palace Drive

New Braunfels, TX 78130

$319,000 $1,344/Mo

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Overview

Bed

Bath

1,663

Sqft

0.24

Acre(Lot)

Description

Turnkey investment opportunity in the established Palace Heights neighborhood of New Braunfels. This well-maintained 3-bedroom, 2-bath home with approximately 1,740 square feet is currently tenant-occupied with a lease in place through September, providing immediate rental income for a new owner. The lease may be extended if mutually agreed upon by the tenant and owner. The home features a functional single-story layout with spacious living areas and a practical floor plan ideal for long-term rental stability. Located in a mature neighborhood with strong rental demand, the property offers convenient access to I-35, downtown New Braunfels, shopping, dining, and major employment corridors. One of the standout location benefits is its close proximity to Memorial Elementary School and Wa lnut Springs Elementary School, both just minutes away. Additionally, Fischer Park is less than five minutes from the home, offering trails, playgrounds, splash pads, fishing ponds, and open green space — a major draw for both tenants and future owner-occupants. Current rent is above the area average, making this an attractive option for investors seeking cash flow from day one. Buyers avoid vacancy costs and tenant placement expenses with an active lease already in place. This property may also appeal to buyers planning for future owner-occupancy, allowing rental income collection until lease expiration while securing ownership now. Showings by appointment only. Please do not disturb the tenant. Advance notice required. Buyer to verify all lease terms, square footage, and investment details.

Property Details

Property Type : Residential

Price : $319,000

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

What's Nearby

Nearby Areas

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: $319000

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

Virtual Tour

Virtual Tour (External Link)

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
1686 Lantana, New Braunfels, TX, 78130	$269,900	3	2	1,559	1,559 SqFt
491 Wright, New Braunfels, TX, 78130	$475,000	2	1	640	640 SqFt
855 Avery, New Braunfels, TX, 78130	$285,000	3	2	1,790	1,790 SqFt
2313 Broken Wheel Ln, New Braunfels, TX, 78130	$359,000	4	4	2,537	2,537 SqFt
2125 Hazelwood, New Braunfels, TX, 78130	$249,997	3	2	1,325	1,325 SqFt
944 Cypress Ml, New Braunfels, TX, 78130	$348,900	4	3	2,651	2,651 SqFt
540 Southeast, New Braunfels, TX, 78130	$224,900	2	1	900	900 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
1408 Prairie Rock, New Braunfels, TX, 78130	$319,900	3	2	1,878	1,878 SqFt

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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 06/12/2026 @ 04:50

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