








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 331 Mill Run, New Braunfels, TX, 78132 offers $3,378/mo rent that, after a $3,108/mo payment. Total monthly income is $3,378/mo. Return on cash invested measures 13.53% in year one, and rental yield stands at 6.38% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 69.8% and total cumulative return in cash reaches $145,832. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,378/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
1.36 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeffery Neill • Anders Pierce Realty, LLC
Mls Name: Central Texas MLS
Mls ID: #593498