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$699,000

123 S Academy Ave, New Braunfels, TX, 78130

On MarketInfo
Just AddedInfo
Beds— Beds
Baths2 Bath
Baths1,720 Sq Ft
DuplexDuplex
price_per_sqft$406.4 / sqft
Year BuiltBuilt in 1899

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Multiple Water Heaters, Refrigerator, Some Gas Appliances, Microwave, Range
FlooringHardwood, Tile

Exterior

Exterior FeaturesStorage
Lot Size5,889 sqft

Building Information

Year Built1899
Stories1
Roof Type112

Land Information

APN1-0000-0003-00
Lot Number124
SubdivisionCity Of New Braunfels, New City Block 10
Land UseResidential
Legal DescriptionCITY OF NEW BRAUNFELS, NEW CITY BLOCK 1001, LOT 124 PT
Census Tract310100
Assessed Land Value$132,040
Assessed Improvement Value$178,530
Assessment Year2025

About this property

Own a piece of New Braunfels history in the heart of downtown! Built in the 1850s, this charming duplex features two identical 1/1 units, both currently operating as STRs. Completely rehabbed in 2021 by local contractor Ben Davis, every part of this historic property was thoughtfully touched while preserving its original character with wood walls and ceilings. Each unit features quartz countertops, gas cooking, and abundant kitchen storage. A metal roof, modern updates, and thoughtful finishes make this historic property ready for its next chapter. Offered turnkey with furnishings and future bookings included. Walk to downtown restaurants, shopping, the Saturday farmers market, the rivers, and more, with Schlitterbahn just a short distance away. The sister property next door at 147 S Academy is also available, creating a rare opportunity to own neighboring STR properties in the heart of downtown New Braunfels.

Investor Tools

$322,017Estimated Mortgage Balance
$40,983Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Sarah McDaniel

Greenbelt Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,157
$310,570
2025
$132,040
$178,530
$310,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,157
$310,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$350,000
No
First
May 10, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,017
$40,983
11%
89%
$2,099/mo

City: New Braunfels

123 S Academy Ave | Property Details | No Agent List