222 Alves LN, New Braunfels TX 78130

New Braunfels, TX 78130 | Baystone

Ed's Opinion of Value

$276,984 Ed's Estimate: $361,035 $450,000
Lowest Comp Recommended List: $238,000 to $248,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $361,035. Pricing this home between $238,000 and $248,000 would put it in the competitive sweet spot for 78130. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78130's current inventory. At 465 sqft larger than the typical comp, the size difference factors into the valuation. At 51 years older than typical comps, the 1960 build date influences the valuation. There are currently 7 similar homes on the market in 78130, ranging from $224,900 to $1,950,000. Market data shows 78130 prices risen 5.5% over the last half year. The closest comparable sale, 2069 Brandywine DR, New Braunfels TX 78130 at an adjusted $276,984, is a strong comparable. With 7 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
5 Beds
3 Baths 3 Full
2,500 Sq Ft
1.4 Acres
1960 Built

About This Property

ATTENTION INVESTORS AND DEVELOPERS!!! This DUPLEX is an excellent opportunity for either long-term investors or those just getting started. One unit is 3 bedrooms and 2 baths second unit is 2 Bedrooms 1 Bath. With one side currently rented at $1080.00 a month, this turn-key property has amazing potential. This property includes an additional 1 acre behind the duplex already on the premises within city limits - with enough space for additional duplexes or single-family homes.

Features

  • Ceiling Fan(s)
  • Eat-in Kitchen

Location

Schools

School District Comal ISD
Elementary Freiheit
Middle School Canyon Intermediate
High School Canyon

Property Details

Property Type Residential
Cooling Wall/Window Unit(s)
County Comal
MLS # 4486521

Listing History

MLS# 4486521 23 days
Apr 16, 2021 Off Market
Mar 1, 2021 Listed $295,000

Frequently Asked Questions About 222 Alves LN, New Braunfels TX 78130

When was 222 Alves LN, New Braunfels TX 78130 built?

222 Alves LN, New Braunfels TX 78130 was built in 1960.

How much does 222 Alves LN, New Braunfels TX 78130 cost?

222 Alves LN, New Braunfels TX 78130 sold on April 16, 2021. Contact us for sale price details.

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