








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 264 Oak Creek Way, New Braunfels, TX, 78130 priced at $349,990 converts $2,836/mo rent into $305/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,836/mo, and annual cash flow totals $3,658/yr on $116,022 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 9.72% against a $349,990 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,696 by year five. Five-year ROI reaches 121.1% and total cumulative return in cash sums $140,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,836/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2013
5,662 sqft lot
$N/A/sqft
$127 quarterly 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 |
|---|---|---|
| 2024-07-13 | Price change | $349,990 |
| 2024-07-12 | Price change | $349,900 |
| 2024-06-07 | Price change | $354,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3220.22 | -15.67% | $314,733 | 10.00% |
| 2022-08-14 | $3818.45 | -6.62% | $286,121 | 10.00% |
| 2021-08-14 | $4089.15 | 6.88% | $260,110 | 6.28% |



Listed by: James Seifert • Redfin Corporation
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #542163
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.