








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Braunfels at 104 T BAR M DR UNIT A104, New Braunfels, TX, 78132 offers a 8.04% rental yield on a $347,398 purchase with $2,329/mo rent. Equity gained on principal adds $2,242/yr while 5% annual appreciation supports $95,980 over five years. Portfolio math shows five-year ROI at 73.97% and total cumulative return in cash at $85,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,329/mo property income against a $1,700/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$426 monthly HOA
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 15,788 (78.0%) |
| Renter Occupied HU | 2,772 (13.7%) |
| Vacant Housing Units | 1,675 ( 8.3%) |
| Median Home Value | $637,562 |
| Average Home Value | $676,252 |
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Price change | $347,398 |
| 2024-07-11 | Listed for sale | $349,898 |
| 2017-06-02 | Listing removed | $157,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: D. Lee Edwards • D. Lee Edwards Realty, Inc.
Mls Name: SABOR
Mls Provider:
Mls ID: #1791964
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.