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$398,000

123 Grandview Ave, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.83 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Oven, Water Softener Owned, Water Heater, Cooktop, Microwave, Range
FlooringLaminate, Linoleum, Tile, Wood

Exterior

Lot Size11,199 sqft

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APN20-0190-0034-00
Lot Number11
SubdivisionGrandview Addition
Land UseResidential
Legal DescriptionGRANDVIEW ADDITION, LOT 11 W 70 OF E 140 OF 160
Census Tract310302
Assessed Land Value$134,290
Assessed Improvement Value$214,580
Assessment Year2025

About this property

This charming 1950s home in the heart of New Braunfels is full of character and just a golf cart ride to Wurstfest! Nestled near Landa Park and in the sought-after Seele Elementary district. Original hardwood floors, classic built-ins, and abundant natural light make every space feel warm and inviting. The three-bedroom, two-bathroom main house features a cozy living area that flows into a beautifully updated kitchen with granite countertops and a charming dining nook. Out back, a 544sqft guest house offers endless possibilities—perfect for visitors, a home office, or rental income. The spacious lot is shaded by mature trees, creating the perfect outdoor retreat. Whether you’re relaxing on the porch, heading to the Comal River, or enjoying downtown New Braunfels, this home is a true Texas treasure in a location that can’t be beat!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,688
$348,870
2025
$134,290
$214,580
$348,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,688
$348,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,000
100%
0%
$0/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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123 Grandview Ave | Property Details | No Agent List