1848 W Bridge St · New Braunfels, TX 78130

$199,900

3 bd · 1.0 ba · 1,156 sqft · SingleFamily public records · 116 Days on market

Built 1980 5,710 sqft lot $173/sqft · 23% below area Est $260k · 23% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +9.0/30.0
• Schools +4.4/10.0
• Livability +4.2/5.0
• 1% rule +3.0/10.0
• DSCR +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bring all offers. All reasonable offers will be considered. Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for a cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

Key facts

• Subway backsplash
• New cabinets
• Large laundry room

Tags

• OPEN KITCHEN LIVING FLOORPLAN
• NEW CABINETS
• GRANITE COUNTERTOPS
• SUBWAY BACKSPLASH
• NEW VINYL PLANK FLOORING
• LARGE LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-158 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $172k (13.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (19.6% below list).
• Recommended offer: $161k (19.6% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 3.3% in New Braunfels — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#9 in TX, #925 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, housing A+, health & safety A+; Watch: commute F.
• New Braunfels ISD (urban): math 47% / reading 53% proficiency, ranked #157 of 826 in TX (top 19%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Seele El (math 42% / reading 52%, grade D-, #1,006 of 4,322 statewide, top 25%, 313 students, 44% FRL); Oakrun Middle (math 52% / reading 54%, grade C+, #281 of 1,662 statewide, top 18%, 930 students, 31% FRL); New Braunfels H S (math 53% / reading 10%, grade F, #1,073 of 1,632 statewide, top 66%, 1,926 students, 32% FRL) — zoned schools at 36% FRL track the district average.
• Market conditions: Rents soft (-2.0%/yr); 1931 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,420 units permitted in Comal County in 2024 (1,164 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Comal County population projected at +70% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 116 days — a 9% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 22 sale attempts since 8y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $160,720 (19.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 116 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 5.35%
• Cash-on-cash: -3.38%
• DSCR: 0.85
• GRM: 10.4

CMA / ARV

• ARV (median comp): $259,799
• List price: $199,900
• Delta: -23.06%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1698 W Bridge	0.06mi	3/2.0	1,188 (+3%)	4mo	$234,000	$197	85
220 S Live Oak Ave	0.33mi	3/1.0	1,146 (-1%)	2mo	$150,000	$131	82
1669 W Bridge St	0.10mi	3/2.0	1,048 (-9%)	8mo	$164,999	$157	69
1105 W Mill St	0.55mi	2/1.0 (-1)	1,172 (+1%)	8mo	$329,990	$282	60
2229 Michigan	0.26mi	4/2.0 (+1)	1,279 (+11%)	4mo	$175,000	$137	58
2262 Katy St	0.27mi	3/1.0	1,019 (-12%)	13mo	$189,777	$186	57
215 S Hackberry Ave	0.38mi	3/2.0	1,326 (+15%)	1mo	$325,000	$245	53
163 S Mesquite Ave	0.41mi	3/1.0	1,299 (+12%)	11mo	$350,000	$269	51
1277 W Bridge St	0.42mi	2/1.0 (-1)	1,060 (-8%)	14mo	$273,000	$258	50
606 Bavarian Dr	0.71mi	3/2.0	1,144 (-1%)	14mo	$299,900	$262	50
949 Eikel St	0.67mi	2/1.0 (-1)	1,316 (+14%)	1mo	$268,500	$204	40
1220 Lee St	0.57mi	2/1.0 (-1)	1,310 (+13%)	14mo	$275,000	$210	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -25.5%
• Equity multiple: 0.16×
• Total profit: $-47,089
• Equity at exit: $29,806

10-year hold

• IRR: -35.6%
• Equity multiple: -0.28×
• Total profit: $-71,921
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78130

• Rents YoY: -2.0%
• Active inventory: 1931
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,607 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$296 /mo · $3,549/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$338
• Net cashflow: $-158

Break-even live

Break-even rent $1,807

Max offer price $172,055

Occupancy floor —

Sensitivity live

Price	-10% $-44	-5% $-101	+0% $-158	+5% $-214	+10% $-271
Rent	-10% $-285	-5% $-221	+0% $-158	+5% $-94	+10% $-31
Rate	-1.0pp $-57	-0.5pp $-107	base $-158	+0.5pp $-209	+1.0pp $-262

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2515 W San Antonio St Unit 710 New Braunfels, TX	2.0	2.0	1052	$1,174	$1.12	0d	1	0.49mi
1185 W Mill St New Braunfels, TX	2.0	2.0	876	$1,595	$1.82	25d	1	0.50mi
1141 Katy St New Braunfels, TX	4.0	2.0	1300	$1,800	$1.38	25d	1	0.51mi
1440 Jackson St Unit B New Braunfels, TX	2.0	1.0	750	$1,150	$1.53	45d	1	0.59mi
145 Rosedale Ave New Braunfels, TX	3.0	2.0	1100	$1,445	$1.31	45d	1	0.60mi
618 Gode Ln New Braunfels, TX	3.0	2.0	1255	$1,395	$1.11	45d	1	0.64mi
991 W Mill St Unit NA New Braunfels, TX	2.0	2.0	1126	$2,200	$1.95	25d	1	0.65mi
921 Eikel St New Braunfels, TX	2.0	1.5	962	$1,295	$1.35	25d	1	0.70mi
1208 N Academy Ave #3201 New Braunfels, TX	2.0	2.5	1456	$2,200	$1.51	45d	1	0.76mi
271 Willow Ave New Braunfels, TX	2.0	2.0	1300	$1,950	$1.50	25d	1	0.81mi
1012 Mission Dr Apt -D New Braunfels, TX	2.0	1.5	1200	$1,190	$0.99	14d	1	0.86mi
921 Wood Rd New Braunfels, TX	3.0	2.5	1332	$1,400	$1.05	45d	1	0.87mi
917 Wood Rd New Braunfels, TX	3.0	2.5	1332	$1,400	$1.05	25d	1	0.87mi
1024 Mission Dr Unit B New Braunfels, TX	2.0	1.5	1142	$1,150	$1.01	45d	1	0.90mi
1022 Clover Cir New Braunfels, TX	2.0	1.0	800	$1,395	$1.74	12d	1	0.91mi
483 Laurel Ln New Braunfels, TX	1.0–2.0	1.0	682	$995	$1.46	3d	3	0.93mi
902 N Academy Ave New Braunfels, TX	3.0–4.0	2.5–3.5	1731	$1,899	$1.10	0d	53	0.94mi
2997 Rosenholz St New Braunfels, TX	3.0	2.5	1350	$1,695	$1.26	6d	8	0.94mi
200 Primrose Cir Apt 21 New Braunfels, TX	2.0	1.0	882	$1,100	$1.25	25d	1	0.95mi
3011 Lodgepole Ln New Braunfels, TX	3.0	2.0	1335	$1,425	$1.07	45d	1	0.97mi
3012 Douglas Fir Dr New Braunfels, TX	3.0	2.0	1447	$1,475	$1.02	21d	1	0.99mi
521 Clearfield Dr New Braunfels, TX	3.0	2.0	1273	$1,775	$1.39	4d	1	1.00mi
3008 Pine Valley Dr New Braunfels, TX	3.0	2.0	1206	$1,425	$1.18	0d	1	1.02mi
320 Untermaier St Canyon Lake, TX	3.0	2.5	1380	$1,495	$1.08	45d	1	1.02mi
341 Untermaier St New Braunfels, TX	3.0	2.5	1380	$1,475	$1.07	25d	1	1.03mi
1020 Madeline St New Braunfels, TX	2.0	2.0	1308	$1,395	$1.07	25d	1	1.03mi
262 Clemens Ave New Braunfels, TX	2.0	1.0	1158	$1,750	$1.51	0d	1	1.04mi
340 Untermaier St Canyon Lake, TX	3.0	2.5	1380	$1,495	$1.08	45d	1	1.05mi
3028 Douglas Fir Dr New Braunfels, TX	3.0	2.0	1214	$1,395	$1.15	45d	1	1.05mi
3032 Douglas Fir Dr New Braunfels, TX	3.0	2.0	1335	$1,650	$1.24	45d	1	1.06mi
337 S Water Ln New Braunfels, TX	2.0	2.0	1079	$1,295	$1.20	25d	1	1.06mi
554 Lee St New Braunfels, TX	2.0	1.0	953	$1,625	$1.71	5d	1	1.09mi
3027 Pine Valley Dr New Braunfels, TX	3.0	2.0	1406	$1,500	$1.07	45d	1	1.10mi
3031 Pine Valley Dr New Braunfels, TX	2.0	2.0	985	$1,295	$1.31	0d	1	1.11mi
3040 Pine Valley Dr New Braunfels, TX	2.0	2.0	956	$1,325	$1.39	4d	1	1.13mi
1302 S Mesquite Ave New Braunfels, TX	3.0	2.0	1426	$1,775	$1.24	25d	1	1.15mi
935 Linde Ave Unit H New Braunfels, TX	2.0	2.0	972	$975	$1.00	45d	1	1.16mi
363 Copper Mtn New Braunfels, TX	3.0	2.0	1180	$1,695	$1.44	6d	1	1.16mi
363 Copper Mtn New Braunfels, TX	3.0	2.0	1180	$1,695	$1.44	0d	1	1.16mi
1231 Huisache Ave New Braunfels, TX	1.0–2.0	1.0–2.0	866	$1,588	$1.83	0d	9	1.16mi

Listing history 50 events

1. 2026-06-16
   status $199,900 Pending 116 DOM
2. 2026-06-15
   days on market $199,900 Active 116 DOM
3. 2026-06-13
   days on market $199,900 Active 114 DOM
4. 2026-06-09
   days on market $199,900 Active 110 DOM
5. 2026-06-08
   days on market $199,900 Active 109 DOM
6. 2026-06-07
   days on market $199,900 Active 108 DOM
7. 2026-06-04
   days on market $199,900 Active 105 DOM
8. 2026-06-03
   days on market $199,900 Active 104 DOM
9. 2026-06-02
   days on market $199,900 Active 103 DOM
10. 2026-06-02
    days on market $199,900 Active 102 DOM
11. 2026-05-31
    days on market $199,900 Active 101 DOM
12. 2026-05-16
    price $199,900 1131-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

13. 2026-05-16
    price $199,900 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

14. 2026-04-16
    status Active 1131-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

15. 2026-04-16
    status Active 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

16. 2026-04-16
    price $215,000 1131-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

17. 2026-04-16
    price $215,000 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

18. 2026-04-14
    status Pending 1131-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

19. 2026-04-14
    status Pending 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

20. 2026-04-03
    price $225,000 1131-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

21. 2026-04-03
    price $225,000 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

22. 2026-02-17
    listed $235,000 Active 1069-char remark

    Show marketing remark (1069 chars)

    Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

23. 2026-02-16
    listed $235,000 Active 1131-char remark

    Show marketing remark (1131 chars)

    Bring all offers. All reasonable offers will be considered. Home sold as-is. Cash of conventional only. Home is in livable condition but owner is not willing to negotiate repairs and the price reflets that. Amazing opportunity for a cash flowing rental. Cute, affordable, & move-in-ready in the heart of New Braunfels! This home features an open kitchen/living floorplan 3 bed/2 bath. Remodel from 2021 included: New cabinets, granite countertops, subway backsplash, a beautiful live edge wood butcher block countertop for the kitchen island, new vinyl plank flooring throughout, large laundry room inside, new oof; new plumbing fixtures; new electrical fixtures; new water heater and more. Current owner has continued the upgrades including electrical, plumbing, added insulation, framing fixes, foundation leveled in 2024 with warranty, freshly painted, new front patio and more. Step outside to a large, fully fenced shaded backyard, mature trees. Amazing location! 1.5 miles to downtown NB offering a plethora of bars, restaurants, and entertainment. Easy access to I-35. 2 miles to Landa Park. 2.5 miles to Schlitterbahn.

24. 2025-11-12
    historical $1,425
25. 2025-11-12
    historical
26. 2025-10-28
    price $1,425
27. 2025-10-10
    status Active
28. 2025-10-10
    status Active
29. 2025-10-10
    price $232,500
30. 2025-09-15
    price $1,475
31. 2025-09-14
    price $234,000
32. 2025-09-14
    price
33. 2025-08-12
    listed $1,495
34. 2025-08-12
    historical $1,495
35. 2025-08-11
    listed $235,000 Active
36. 2025-08-07
    listed $1,495
37. 2025-08-04
    status Active
38. 2025-07-14
    status Active
39. 2025-06-08
    price
40. 2025-05-23
    price
41. 2025-04-29
    listed Active
42. 2024-03-15
    historical $1,695
43. 2024-03-07
    price $1,695
44. 2024-02-17
    listed $1,750
45. 2022-11-18
    historical
46. 2022-11-17
    historical
47. 2022-11-17
    historical
48. 2022-11-10
    status Active
49. 2022-11-10
    status Active
50. 2022-11-10
    price $260,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $3,549 · $296/mo
• Projected year-2 tax: $3,658 · $305/mo
• Expected delta: +$110/yr (+$9/mo · 3.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,286
• − Mortgage interest: −$11,198
• − Property taxes: −$3,549
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,543
• − Management: −$1,543
• − Depreciation: −$5,815
• Taxable loss: −$5,360
• Est. tax savings @ 24.0%: +$1,286
• After-tax cash flow: $-605/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: New Braunfels ISD
• NCES district ID: 4832370
• Math proficiency: 47% ▼ -10.00%
• Reading proficiency: 53% ▼ -2.00%
• Median HH income: $60,945
• Composite: 43.81/100
• National rank: #2931
• State rank: #157 of 826 in TX

Livability — New Braunfels

• Score: 83/100
• State rank: #9
• US rank: #925

Category grades

Amenities A+ Commute F Cost of living A Crime A- Employment B+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Braunfels, TX
• County: Comal County · 206,262 people
• City population: 144,962
• Metro: San Antonio-New Braunfels, TX
• Population (ZIP): 104,009
• Household income: $83,064
• Rent vs Own: 34.1% rent · 65.9% own
• Severe rent burden: 2912.0

Population outlook (Comal County) Hauer SSP2

• Today (2025): 175,637 people
• By 2030: 199,911 · +13.8%
• By 2040: 249,436 · +42.0%
• By 2050: 299,430 · +70.5%
• By 2075: 423,857 · +141.3%
• By 2100: 512,048 · +191.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (58%)
• Race & ethnicity: White 58% Hispanic / Latino 37% Two or more races 19% Black 2%
• Hispanic origin (detail): Mexican 32%
• Common ancestry: Romanian 2% Lithuanian 2% Slovak 2%
• Foreign-born: 7% · Canada
• Languages at home: 78% English-only · Spanish 20% German/W. Germanic 1%

Political lean MEDSL · Comal

• 2024 margin: Solid R (+45.5) · D 26.8% · R 72.2%
• 2008→2024 swing: +1.9pp toward D · 2008: -47.4pp · 2024: -45.5pp
• All cycles: 2024: R+45.5 2020: R+42.7 2016: R+50.1 2012: R+54.1 2008: R+47.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -190.61%
• Current HPI: 173.7128
• Rent YoY: ▼ -1.97%
• Metro: San Antonio-New Braunfels, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+149.9% since first listed

58 events — show timeline

• 2026-05-16 Price Changed $199,900 CTXMLS
• 2026-05-16 Price Changed $199,900 Unlock MLS
• 2026-04-16 Relisted — CTXMLS
• 2026-04-16 Relisted — Unlock MLS
• 2026-04-16 Price Changed $215,000 CTXMLS
• 2026-04-16 Price Changed $215,000 Unlock MLS
• 2026-04-14 Pending — CTXMLS
• 2026-04-14 Pending — Unlock MLS
• 2026-04-03 Price Changed $225,000 CTXMLS
• 2026-04-03 Price Changed $225,000 Unlock MLS
• 2026-02-17 Listed $235,000 Unlock MLS
• 2026-02-16 Listed $235,000 CTXMLS
• 2025-11-12 Rental Removed $1,425 CTXMLS
• 2025-11-12 Listing Removed — CTXMLS
• 2025-10-28 Price Changed $1,425 CTXMLS
• 2025-10-10 Relisted — CTXMLS
• 2025-10-10 Relisted — Unlock MLS
• 2025-10-10 Price Changed $232,500 CTXMLS
• 2025-09-15 Price Changed $1,475 CTXMLS
• 2025-09-14 Price Changed $234,000 CTXMLS
• 2025-09-14 Price Changed — Unlock MLS
• 2025-08-12 Listed for Rent $1,495 CTXMLS
• 2025-08-12 Rental Removed $1,495 ACTRIS
• 2025-08-11 Listed $235,000 CTXMLS
• 2025-08-07 Listed for Rent $1,495 ACTRIS
• 2025-08-04 Relisted — Unlock MLS
• 2025-07-14 Relisted — Unlock MLS
• 2025-06-08 Price Changed — Unlock MLS
• 2025-05-23 Price Changed — Unlock MLS
• 2025-04-29 Listed — Unlock MLS
• 2024-03-15 Rental Removed $1,695 ACTRIS
• 2024-03-07 Price Changed $1,695 ACTRIS
• 2024-02-17 Listed for Rent $1,750 ACTRIS
• 2022-11-18 Listing Removed — LERA
• 2022-11-17 Listing Removed — LERA
• 2022-11-17 Listing Removed — CTXMLS
• 2022-11-10 Relisted — Unlock MLS
• 2022-11-10 Relisted — CTXMLS
• 2022-11-10 Price Changed $260,000 CTXMLS
• 2022-10-19 Price Changed $260,000 LERA
• 2022-10-10 Listed $260,000 LERA
• 2022-10-10 Listed $269,900 LERA
• 2022-10-10 Listed $269,900 CTXMLS
• 2022-10-10 Listed — Unlock MLS
• 2021-07-09 Sold (Public Records) — Public Records
• 2021-06-04 Pending — CTXMLS
• 2021-05-14 Price Changed $224,900 CTXMLS
• 2021-05-03 Listed $234,900 CTXMLS
• 2020-07-31 Sold (Public Records) — Public Records
• 2018-08-01 Sold (Public Records) — Public Records
• 2018-07-31 Sold (MLS) — LERA
• 2018-07-20 Pending — LERA
• 2018-07-06 Listed $80,000 LERA
• 2018-06-13 Sold (MLS) — LERA
• 2018-06-04 Pending — LERA
• 2018-06-01 Contingent — LERA
• 2018-05-31 Listed $80,000 LERA
• 1985-04-17 Sold (Public Records) — Public Records

Property tax history

+7.8%/yr

Latest (2026): $3,549 · -4.8% YoY. Source: county tax records.