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$124,000

1193 Estate, New Braunfels, TX, 78132

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.01 acres

Land Information

APN52-0216-0295-00
Lot Number295
SubdivisionSummit Extension Phase 6
Land UseVacant Land
Legal DescriptionSUMMIT EXTENSION PHASE 6, LOT 295
Census Tract310905
Assessed Land Value$117,625
Assessment Year2025

About this property

Incredible views from this one acre, hilltop lot in "The Summit" ...located just off River Road, running parallel to the Guadalupe. NO HOA offers greater flexibility in property use without strict building guidelines and is becoming increasingly hard to find. Clearing has begun on this homesite but an abundance of surrounding trees remain for added privacy. One thing that sets 1193 Estate Drive apart from others in the neighborhood is the transferable Summit Resort membership -which is no longer available for purchase. Benefits include direct river access for tubing, kayaking and fly fishing, along with three pools, a hot tub, mini golf, sports courts, and a full clubhouse. The "River Road corridor" between Canyon Lake and New Braunfels is seeing continued growth driven by tourism and hill country attractions like Horseshoe on the Guadalupe, White Water Amphitheater, Camp FIMFO, Historic Gruene, Comal River, Schlitterbahn etc., making this a great investment. Come walk this lot today and find yourself a stone's throw from everything that makes Comal County great.

Investor Tools

$0Estimated Mortgage Balance
$117,625Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

Interested in this property?

Heather Trevilion

BHHS Don Johnson REALTORS - NB

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,733
$117,625
2025
$117,625
N/A
$117,625
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,733
$117,625

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$117,625
100%
0%
$0/mo

City: New Braunfels