289-291 S Water Lane
New Braunfels, TX 78130
4
Bed
4
Bath
1,008Sqft
0.18Acre(Lot)
Calling all investors! Here's your chance to own a two-unit duplex with strong rental potential. Each unit features 2 bedrooms, 2 full bathrooms, and 1,008 sq. ft. of living space, plus a private one-car garage. This property offers solid bones and a functional layout, but it could use a little TLC to really shine. With some updates and improvements, this duplex could generate strong rental income or be a great live-in-one, rent-the-other opportunity. Whether you're a seasoned investor or looking for your first income property, this is a great chance to build equity and customize to your vision. Don’t miss out—opportunities like this don’t come around often!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
PullDownAtticStairs, WalkInClosets, SolidSurfaceCountersRoof: Composition, ShingleAppliances: Dishwasher, ElectricRange, RangeHood, SomeElectricAppliancesLaundry Features: WasherHookup, ElectricDryerHookup, InGarage, MainLevel, LaundryRoom -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, Electric, OneUnit
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Building Information
Year Built: 2007Construction Materials: MasonryStories: 1Patio And Porch Features: Covered, PorchPool Features: NonePrivate Pool: NoView: None -
Exterior Features
Exterior Features: Porch
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Lot Information
Lot Size Acres: 0.1837Property Information
Subdivision: Evergreen Village Source Property Type: Residential Property SubType: Duplex Levels: One Property Age: 19
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Listing Price Information
Listing Price: $299000Cash, Conventional
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Tax Information
Parcel Number: 142329 Tax Lot: 5R Tax Block: 2 Tax Legal Desc: N & M, BLOCK 2, LOT 5R
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Garage Information
Has Garage: Yes Garage Space: 1
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Utility Information
CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable, PhoneAvailable, TrashCollectionPublic -
Location Information
Direction: From I35N take the Loop 337 exit. In .5 miles turn right onto S. Water Ln. In .2 miles property is on the left. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2213-2215 Avery Village, New Braunfels, TX, 78130 | $460,000 | -- | -- | 2,586 | 2,586 SqFt |
| 198 West Street #A B, New Braunfels, TX, 78130 | $345,000 | -- | -- | 2,328 | 2,328 SqFt |
| 746 /748 Saengerhalle, New Braunfels, TX, 78130 | $464,900 | -- | -- | 2,738 | 2,738 SqFt |
| 214 Stone Gate, New Braunfels, TX, 78130 | $425,000 | -- | -- | 2,441 | 2,441 SqFt |
| 280 Rosalie Dr, New Braunfels, TX, 78130 | $370,000 | -- | -- | 1,996 | 1,996 SqFt |
| 264 Rosalie, New Braunfels, TX, 78130 | $409,000 | -- | -- | 2,350 | 2,350 SqFt |
| 303 & 305 Rosalie, New Braunfels, TX, 78130 | $379,000 | -- | -- | 2,672 | 2,672 SqFt |
| 239 Rosalie Dr, New Braunfels, TX, 78130 | $324,000 | -- | -- | 1,988 | 1,988 SqFt |
| 125-127 Joanne Cove, New Braunfels, TX, 78130 | $465,000 | 6 | 4 | 2,650 | 2,650 SqFt |
| 125-127 Joanne Cove, New Braunfels, TX, 78130 | $465,000 | 6 | 4 | 2,650 | 2,650 SqFt |
Similar Multifamily To 289-291 S Water Lane
Nearby For Sale
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 06/23/2026 @ 16:20
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