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About This Home
This 3-bedroom, 2-bathroom single family at 1911 Palace Drive in New Braunfels, TX is listed for $335,000 ($201 per sqft). Built in 1986, the home offers 1,663 sqft of living space on a 0.24 acres lot.
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 Walnut 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.
Key Features
- Built in 1986
- 0.24 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,792/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1911 Palace Drive
New Braunfels, TX 78130
Palace Heights 2
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1911 Palace Drive is listed at $335,000 ($201/sqft). The estimated monthly payment is $1,452 based on 20% down at 6.5% interest.
Key features include: Built in 1986, 0.24 acre lot, Fireplace. Interior Features: CeilingFans, DoubleVanity, EntranceFoyer. Exterior Features: Porch, RainGutters, Storage.
This property is listed by Yitzchak Pierson and can be reached at 5127496532 or yitzchak.pierson@exprealty.com.































