211 T Bar M DrNew BraunfelsTX78132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Braunfels at 211 T Bar M Dr, New Braunfels, TX, 78132 priced at $309,500 converts $1,920/mo rent into after a $1,515/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 11.04% in year one, and rental yield reads 7.44% against a $309,500 entry. Equity gained on principal adds $1,997/yr, while 5% annual appreciation compiles into $85,509 by year five. Five-year ROI reaches 58.52% and total cumulative return in cash sums $60,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,515/mo payment, not borrower’s personal income.
Condo
Built in 1981
10.43 Acres lot
$N/A/sqft
$477 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78132, New Braunfels, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,840
Single Family
16,958
Multi-Family
882
Businesses
616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toya Ohlrich • BHHS Don Johnson REALTORS - NB
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #563351
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 2025 Central Texas MLS, All Rights Reserved.