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$977,000

NAL Estimated Property Value

1188 Edwards Boulevard, New Braunfels, TX, 78132

$1,144,677 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,471 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.81 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Plumbed For Ice Maker, Microwave
FlooringConcrete, Laminate, Tile

Exterior

Lot Size1.11 acres

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42-0600-0066-05
SubdivisionPreiss Heights
Land UseResidential
Legal DescriptionPREISS HEIGHTS, BLOCK 15 (1.105AC)
Census Tract310901
Assessed Land Value$214,680
Assessed Improvement Value$593,990
Assessment Year2025

About this property

A Rare Gem in Preiss Heights with Private Guadalupe River Park Access Set on a beautiful 1.1-acre corner lot, this unique property features two separate residences—perfect for multigenerational living, guest accommodations, or rental income—all centered around a heated, custom pool and hot tub. The main home offers 2,271 square feet of updated living space, including 3 bedrooms, 2 bathrooms, a dedicated office, granite countertops, stainless steel appliances, and no carpet. Built with four sides masonry, it also boasts a new roof (2019). The detached guest quarters, built in 2020, provide 1,200 square feet of private living space with a separate entrance—ideal for extended family or long-term guests. A new septic system was installed in 2023, offering added value and peace of mind. Outdoors, you’ll find tons of mature oak and fruit trees, a sprawling deck, and a fully fenced and cross-fenced yard—great for pets, gardening, or enjoying the quiet charm of Hill Country living. As a bonus, the optional $100/year HOA provides access to a private, gated Guadalupe River park—a perfect spot to make memories with family and friends all year long. Just minutes from Gruene, shopping, dining, and river fun, this property offers the perfect blend of space, privacy, and location in one of New Braunfels’ most beloved neighborhoods.

Investor Tools

Property Icon
$977,000
Estimated Property Value
$328,124Estimated Mortgage Balance
$648,876Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,144,676
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$930/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,270
$629,042
2025
$214,680
$593,990
$808,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,270
$629,042

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Unknown
$360,000
No
First
Sep 21, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,124
$648,876
66%
34%
$2,159/mo

City: New Braunfels

1188 Edwards Boulevard | Property Details | No Agent List