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$589,900

1215 Terrace Ct, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.49 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Disposal, Plumbed For Ice Maker, Refrigerator, Range Hood, Built In Oven
FlooringCarpet Free, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Porch, Private Yard, Rain Gutters
Lot Size8,960 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN45-0770-0031-00
Lot Number7
SubdivisionRiver Terrace Estates
Land UseResidential
Legal DescriptionRIVER TERRACE ESTATES, BLOCK 2, LOT 7
Census Tract310501
Assessed Land Value$118,980
Assessed Improvement Value$447,380
Assessment Year2025

About this property

Welcome to this one-of-a-kind 3-bedroom, 2.5-bath home nestled on a desirable corner lot in the beautiful River Terrace community! Filled with abundant natural light, soaring ceilings, and spacious living areas, this home offers the perfect blend of comfort, functionality, and entertaining space. Located just a few blocks from Downtown New Braunfels and the famous Schlitterbahn waterpark!! The thoughtfully designed floor plan features a private primary suite on the main level with an ensuite bath, a formal dining room accented with elegant wainscoting, and a warm, inviting family room with a cozy gas fireplace. The kitchen includes a breakfast nook with a charming bay window overlooking your own backyard paradise. Upstairs, you'll find two generously sized bedrooms with walk-in closets, a shared full bath, an expansive game room, a versatile extra room ideal for a media room, home gym, or office, plus a hidden office that adds a unique and exciting touch. Step outside to your private backyard oasis featuring a sparkling pool with a waterfall, a covered patio, an oversized shaded yard, and a secluded gazebo complete with a relaxing hot tub-perfect for entertaining or unwinding after a long day. Located in the highly sought-after River Terrace community, residents enjoy access to a private river park on the Guadalupe River. Best of all, the HOA is voluntary, giving you added flexibility while still enjoying the neighborhood's exceptional amenities. This truly unique property offers space, character, and resort-style living all in one unforgettable home. Don't miss your opportunity to make it yours!

Investor Tools

$513,445Estimated Mortgage Balance
$117,396Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Pyper Olson

JPAR San Antonio

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,745
$566,360
2025
$118,980
$447,380
$566,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,745
$566,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Counselors Mortgage Corp
Conventional
$551,000
No
First
Oct 14, 2022
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$513,445
$217,555
29%
82%
$3,304/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Braunfels

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