1911 Palace Drive, New Braunfels, TX 78130 (MLS # 604127)
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.
Property Type(s):
Single Family
|
Last Updated
|
3/16/2026
|
Tract
|
Palace Heights 2
|
|
Year Built
|
1986
|
Garage Spaces
|
2.0
|
|
County
|
Comal
|
Price History
|
Prior to Mar 2, '26
|
$355,000 |
|
Mar 2, '26 - Mar 16, '26 |
$349,999 |
| Mar 16, '26 - Today |
$345,000 |
Additional Details
| AIR |
Ceiling Fan(s), Central Air, Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Range |
| CONSTRUCTION |
Brick |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central, Electric |
| INTERIOR |
Breakfast Bar, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Open Floorplan, Walk-In Closet(s) |
| LOT |
10402 sq ft |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| SUBDIVISION |
Palace Heights 2 |
| TAXES |
6124 |
| UTILITIES |
Electricity Available |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| WATER ACCESS |
None |
Listed with eXp Realty LLC
Listing information is provided by the Central Texas Multiple Listing Service, Inc., and is deemed to be reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email