1911 Palace DR — photo 1
Price CutEstimated by HomeLocating
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$299,000

1911 Palace DR, New Braunfels TX 78130

3 bd·2 ba·1,663 sqft·$180/sqft

MLS #238485493 · eXp Realty, LLC · Yitzchak Pierson

Market insights

Compared with 89 active homes in ZIP 78130 · HomeLocating listings

Area median price
$355,000
This home vs. median
16% below
Homes with a price cut
12%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1986
Full baths
2
Lot size
0.2388
Subdivision
Palace Heights 2
MLS area
CM
MLS #
238485493

Features

Interior features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Double Vanity
  • Electric Dryer Hookup
  • Entrance Foyer
  • High Speed Internet
  • Open Floorplan
  • Pantry
  • Walk-In Closet(s)

Exterior features

  • Gutters Full
  • Private Yard

Additional details

Parking
Attached, Garage
Garage spaces
2
Roof
Composition, Shingle
Foundation
Slab
Annual tax
$6,123

Schools

Assigned schools per the MLS.

School district
New Braunfels ISD
Elementary
Memorial
Middle
New Braunfels
High
New Braunfels

About this home

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 rent 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.

Location

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Listing courtesy of eXp Realty, LLC · Yitzchak Pierson

Listing data last updated Aug 1, 2026, 11:46 AM

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