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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1554 Gruene Rd #A2, New Braunfels, TX, 78130 listed at $449,000 pairs $1,783/mo rent with a $2,198/mo payment. Total monthly income runs $1,783/mo. Return on cash invested measures 5.96% in year one, and rental yield registers 4.77% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 30.18% and total cumulative return in cash totals $44,920. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,783/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood data shown for ZIP Code: 78130, New Braunfels, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46,037 (100%) |
| Owner Occupied HU | 27,457 (59.6%) |
| Renter Occupied HU | 13,981 (30.4%) |
| Vacant Housing Units | 4,599 ( 10.0%) |
| Median Home Value | $346,647 |
| Average Home Value | $393,722 |
Residential
41,891
Single Family
35,675
Multi-Family
6,216
Businesses
2,871
Date | Event | Price |
|---|---|---|
| 2024-07-03 | Listing removed | N/A |
| 2024-06-21 | Pending sale | $429,000 |
| 2024-06-12 | Contingent | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7310.04 | N/A | $423,390 | N/A |
Listed by: N/A • N/A
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #541200
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
