22-Unit Multifamily in New Braunfels, TX
Comal County, TX · listed Apr 21, 2026 (190 days)
- $/unit
- $181,808
- ▲ 82% vs TX · 82nd pct
- Cap rate
- —
- NOI
- $232K
- $10,563/unit/yr
- Units
- 22
- 22 bldg · 2009
Financials
- Asking price
- $3,999,777
- Price per unit
- $181,808
- Price per sq ft
- $4,464
- Gross rent / year
- $290,940
- Net operating income
- $232,380
- NOI per unit
- $10,563
- Cap rate
- Not stated
- Gross yield
- 7.3%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 22
- Unit mix
- 22 well-maintained manufactured homes, each offering 2 bedrooms and 2 bathrooms
- Buildings
- 22
- Year built
- 2009
- Building size
- 896 sq ft
- Avg unit size
- 41 sq ft
- Lot size
- 24.96 acres
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Apr 21, 2026
- Days on market
- 190 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1174
About this property
Exceptional investment opportunity! This gated mobile home community features 22 well-maintained manufactured homes, each offering 2 bedrooms and 2 bathrooms. Interiors include durable wood-look vinyl flooring throughout with carpeting in both bedrooms, along with a full appliance package—refrigerator, range, and dishwasher. Each home also includes a dedicated utility room with washer and dryer connections for added convenience. Situated on an expansive 24.962-acre tract, the property offers both privacy and room for future growth. The gated entry enhances appeal for residents, while the thoughtfully designed layout provides a comfortable living environment. Ideally located just outside Loop 337, this community is perfectly positioned between New Braunfels and San Antonio, offering easy access to shopping, dining, and major employment centers. Zoned to highly desirable Comal Independent School District. Whether you're looking to expand your investment portfolio or step into a turnkey income-producing property, this mobile home park presents a rare and promising opportunity in a rapidly growing area.
Land,Mobile Home Park,Multifamily • 24.96 Acres
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
New Braunfels, TXNewNew construction | $2M | $67K$67K | — |
San Marcos, TXStabilized | $1.8M | $150K$150K | 6.8% |
San Antonio, TXOwner financing | $1.35M | $225K$225K | 8.2%gy |
San Antonio, TXNew | $1.09M | $183K$183K | — |
Seguin, TXHigh yield | $409K | $82K$82K | 11.3% |
San Marcos, TX | $3.5M | $250K$250K | 4.2% |





