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 tenant has expressed a willingness to cooperate with showings, and the lease may be extended if mutually agreed upon by the tenant and new landlord. The home features a functional, single-story layout with spacious living areas, comfortable bedroom sizes, and a practical floor plan well-suited for long-term rentals. Located in a mature neighborhood with convenient access to I-35, downtown New Braunfels, shopping, dining, and major employment corridors, this property offers strong rental demand and long-term investment potential. Current rent is above the area average, making this an attractive option for investors seeking stable cash flow from day one. With the lease already in place, this property allows buyers to avoid vacancy, marketing, and initial tenant placement costs. This home may also appeal to buyers planning for future owner-occupancy, offering the ability to collect rental income until the lease expires while locking in ownership today. Showings by appointment only. Please do not disturb the tenant. Advance notice is required. Buyer to verify all lease terms, square footage, and investment details.