new - 6 days on rocket

388 E Faust St, New Braunfels, TX, 78130

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
2,160 SqFt
$289/SqFt
Multi

Location

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388 E Faust St, New Braunfels$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Pad, Attached, Pad
Year Built2011
HeatingMulti Unit(s), Electric
CoolingCentral Air
MLS #1823903
Lot Size0.21 Acres
StatusActive
(New)

About 388 E Faust St

Welcome to 388 E. Faust St. in the heart of vibrant New Braunfels! This well-maintained duplex, built in 2011, offers an incredible opportunity for comfortable living or investment. With a total of 2,160 square feet, each side features 1,080 square feet of well-designed living space, including 3 bedrooms, 2 baths, and an attached single-car garage. Both units are fully leased, providing immediate and reliable rental income for investors. Each unit boasts spacious interiors with open floor plans, a covered patio, and a shaded backyard, perfect for outdoor relaxation or entertaining. The layout is ideal for families, professionals, or tenants seeking the perfect balance of functionality and comfort. This property also allows for short-term rentals, making it an exceptional investment opportunity in a highly desirable area. Just moments from the historic Faust Street Bridge and the Guadalupe River, the property offers easy access to recreational activities and the charm of downtown New Braunfels. Also for sale just two doors down is another duplex (362 E. Faust St.) identical to this one, presenting a rare opportunity to expand your investment portfolio with ease. Whether you're looking to invest in a single property or secure two well-performing assets, these duplexes check all the boxes. Don't miss your chance to own turnkey investments in one of New Braunfels' most sought-after locations.

Property Details

Property Features

Property Information:

  • Year Built: 2011
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: Keller Williams Heritage
  • Office Phone: (361) 779-3860
  • Listing Agent: Romel Gregorio

Interior Features

Interior Information:

  • Appliances: Oven, Stove, Disposal, Dishwasher, Refrigerator
  • Flooring Type: Stained Concrete

Exterior Features

Exterior Information:

  • Exterior: Covered Patio

Parking Information:

  • Parking: Attached, Pad, Attached, Pad

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Multi Unit(s), Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From IH-35 North exit S. Seguin St and go west. Turn right on E. Faust St. and property is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $289/SqFt
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Housing Market Comparison

See how this home compares to others in New Braunfels, TX.

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New Braunfels, TX

City

Med. Sold Price

$369.7K

Med. Price/SqFt

$190

Avg. Days On Market

79

# of Sold Homes

154

388 E Faust St vs New Braunfels

6 DAYS ON ROCKET

-73 Days

$625,000

+$255.2K More

$289/SqFt

+$98 More

KEY TAKEAWAY

This property is $255.2K more than the Median Sold Price and $98/SqFt more than other homes in New Braunfels, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1823903

Listing Office:

  • Office Name: Keller Williams Heritage
  • Office Phone: (361) 779-3860
  • Listing Agent: Romel Gregorio

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.

The information on this web site 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. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/23/2024, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-949610
6
/10

  • Carl Schurz Elementary School

  • 633 W Coll St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-949611
7
/10

  • Lamar Elementary School

  • 240 N Central Ave

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-949612
6
/10

  • Frazier Elementary School

  • 1441 N Business 35

  • 1.27 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,500. Most New Braunfels, TX residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Comal County›New Braunfels›78130›388 E Faust St

This home is located at 388 E Faust St in New Braunfels, TX and zip code 78130 in the Downtown / The Hill neighborhood. This 2,160 square foot home, which was built in 2011, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $625,000.

While more than 15 listings in New Braunfels, TX in October 2024 were sold above asking price, there were more than 52 listings sold at asking price, and more than 87 were sold below. The number of listings in New Braunfels, TX increased by 6.3% between September 2024 and October 2024. In October 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $369,736.

From Rocket Homes Real Estate and based on county public records data.

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