#568514, Heather Roberts, Listing office: BHHS Don Johnson REALTORS - NB
Property details
About 640 Lee St
Income Producing 2-Unit Duplex located less than a mile from the Main Plaza (aka.The Circle). Each side is approximately 600sqft with 1 bedroom, 1 bathroom, living room, full kitchen, no carpet, nice backyard, mature trees, off-street parking, multiple storage/garage units behind the home and a strong rental history of $1,200 per side. Ideal for investors or those looking to live in one unit and rent the other. This location puts you in the middle of everything and a short golf cart ride away from nearby shops, restaurants, and coffee spots. It’s the perfect place to enjoy iconic local events like the Comal County Fair Parade, Wassailfest, the Downtown Lighting ceremony, Schliterbahn and Comal Tube Chute. If you are looking for a revenue-generating asset to add to your portfolio then this property is worth checking out.
Highlights
Home typeCondominium
StatusActive
CoolingCeiling Fan(s), Wall/Window Unit(s)
Size1,191 sqft
Lot size0.155 Acres
Year built1948
MLS #585861
Garage1 space
Summary
- Appliances: Exhaust Fan
- Flooring Type: Linoleum, Wood
- Interior: Ceiling Fan(s), Eat-in Kitchen
- Fireplace: None
- Garage Space: 1 space
- Attached Garage: No
- Exterior: Fence
- Cooling: Ceiling Fan(s), Wall/Window Unit(s)
- List Price: $324,000
- Price/SqFt: $272
- Annual Tax Amount: $5,652
- Tax Year: 2023
- Directions: From the Main Plaza in downtown stay on W. San Antonio street and turn left in front of Arlans and right on Lee St. Home is on the right.
- Year Built: 1948
- Living Area: 1,191 SqFt
- Lot Size: 0.155 Acres
- MLS Number: 585861
- MLS Name: CentralTexas
- Office Name: BHHS Don Johnson REALTORS - NB
- Office Phone: (830) 643-4342
- Listing Agent: Shannon Anderson
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2025 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 8/1/2025, 11:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $327,410 | $5,652 |
| 2022 | $269,510 | $5,104 |
| 2021 | $183,900 | $3,473 |
| 2020 | $168,210 | $3,473 |
| 2019 | $112,190 | $2,258 |
| 2018 | $102,100 | $2,258 |
| 2017 | $104,660 | $2,287 |
History based on county public records data.
Nearby schools
3
Carl Schurz Elementary School
Public District KG-5
0.1 mi
•633 W Coll St
6
Seele Elementary School
Public District KG-5
1.1 mi
•540 Howard St
6
Lamar Elementary School
Public District KG-5
1.2 mi
•240 N Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,833. The majority of New Braunfels, TX residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
29%
35k-100k
22%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
11%
Single, with Kids
23%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Horse Races
College Basketball
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Dillards
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
Logan's Roadhouse
Golden Corral
What do the neighbors drive?
Buick
Hyundai
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 640 Lee St
The listing price of 640 Lee St property is $324,000.
The property 640 Lee St is a condo located in New Braunfels, Texas, 78130.
Active Listing: 640 Lee St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 640 Lee St are: Carl Schurz Elementary School (GreatSchools Rating 3/10), Seele Elementary School (GreatSchools Rating 6/10), Lamar Elementary School (GreatSchools Rating 6/10), Church Hill Middle School (GreatSchools Rating 6/10), Oakrun Middle School (GreatSchools Rating 5/10), Canyon Middle School (GreatSchools Rating 4/10), New Braunfels High School Ninth Grade Center (GreatSchools Rating 6/10), The Nbisd Learning Center (GreatSchools Rating 5/10), Premier High School of New Braunfels (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $5,652 (source: MLS/based on county public records data).
The property at 640 Lee St has 0 bathroom.
The property 640 Lee St is 1,191 SqFt (source: MLS/tax record).
The year of construction for 640 Lee St is 1948.
This home is located at 640 Lee St in New Braunfels, TX and zip code 78130 in the Downtown / The Hill neighborhood. This 1,191 square foot home, which was built in 1948, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $324,000.
In June 2025 more than 32 listings in New Braunfels, TX were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 133 were sold below. The number of homes for sale in New Braunfels, TX increased by 7.2% between May and June 2025. The median list price of listings available in June 2025 was $378,835, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.