








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


Rental property for sale in New Braunfels at 120 T BAR M RD UNIT A120, New Braunfels, TX, 78132 generates $3,720/mo in rent and, after a $1,664/mo payment, leaves $813/mo in cash flow. Total monthly income is $3,720/mo, and annual cash flow is $9,760/yr on $112,710 invested. Return on cash invested sits at 28.57% in year one, and rental yield is 13.13% on a $339,999 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,935 over five years. Five-year ROI reaches 152.39% and total cumulative return in cash sums $171,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,720/mo property income rather than buyer’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$489 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 |
|---|---|---|
| 2024-11-19 | Price change | $339,999 |
| 2024-10-22 | Listed for sale | $349,000 |
| 2020-11-09 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
None
Listed by: Diana Colbath • Vintage Oaks Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1817957
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.