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$341,000

NAL Estimated Property Value

1111 Long Creek UNIT 204, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
price_per_sqft$198.6 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size41,208 sqft

Building Information

Year Built2008
Stories2
Roof Type105

Land Information

APN1G-0154-0002-0C204-000
Lot Number1
SubdivisionBandit Condominium
Land UseResidential
Legal DescriptionBANDIT CONDOMINIUM, BLOCK 1, LOT 1, ACRES .946 BLDG 2 UNIT C #204
Census Tract210606
Assessed Land Value$14,109
Assessed Improvement Value$294,318
Assessment Year2025

About this property

Experience resort-style living in this beautifully furnished condo located in the gated community of the prestigious Bandit Golf Course. From the moment you walk in, you'll appreciate the luxury touches, including a stunning wood plank ceiling and an abundance of natural light streaming through picturesque windows. This spacious two-story residence offers 3 bedrooms, 2 baths, and an open-concept layout. The gourmet granite island kitchen flows seamlessly into the dining and living area, perfect for entertaining. Enjoy serene golf course views and relaxing breezes from the covered balcony. The main level features a bedroom with an en suite bath, while the upstairs includes two secondary bedrooms, a second living area, and a versatile extra space. Just steps away, the community pool awaits, and residents also have access to the private Lake McQueeney River Park for even more recreation. This condo combines comfort, style, and an unbeatable location! Enjoy as full time easy living residence and or use as a short term rental investment property. Stay and Play!

Investor Tools

Property Icon
$341,000
Estimated Property Value
$148,872Estimated Mortgage Balance
$192,128Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,069 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$715/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,290
$308,427
2025
$14,109
$294,318
$308,427
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,290
$308,427

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jefferson Bank
Unknown
$190,000
No
First
Mar 22, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,872
$192,128
56%
44%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,855/mo
$-229/mo
5.7%

City: New Braunfels