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$475,000

125-127 Joanne Cv, New Braunfels, TX, 78130

On MarketInfo
Beds— Beds
Baths— Bath
Baths2,650 Sq Ft
DuplexDuplex
price_per_sqft$179.25 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave, Refrigerator
FlooringConcrete, Painted/Stained

Exterior

Lot Size8,939 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces3

Land Information

APN1G-3991-0001-00400-000
Lot Number4
SubdivisionSamuel's Court @ 725
Land UseDuplex Main Floor
Legal DescriptionSAMUEL'S COURT @ 725 BLOCK 1 LOT 4 0.2052 AC
Census Tract210608
Assessed Land Value$49,260
Assessed Improvement Value$408,840
Assessment Year2025

About this property

Excellent investment opportunity in New Braunfels. Easy to maintain duplex with two three-bedroom, two-bath units with two-car garages, each with a back porch and fenced-in, generously sized yard. Both units are currently leased with dependable long-term tenants. Light pours through thoughtfully positioned window fittings throughout, and polished concrete floors offer a modern, tranquil and naturally-cool effect across an open and inviting floor plan. Interior and fixtures have been exceptionally-well maintained, as have HOA-managed xeriscaped lawns and grounds. Strategically situated in a great commuter location within an above-average-rated school district that benefits from a budding community, actively attracting tech manufacturing and commercial investments that build on legacy local economic staples of tourism and recreation. 1031 Exchange friendly, low tax rates. Convenient to So Many things! Miles to: San Antonio 35 Austin 50 San Marcos/Texas State Univ 20 Gruene Historic District 8 Schlitterbahn Waterpark 5 Comal & Guadalupe River 5 Canyon Lake 25 Fredericksburg 77 Lackland AF Base 50

Investor Tools

$302,823Estimated Mortgage Balance
$156,529Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Angie Rhea

StepStone Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,471
$458,100
2025
$49,260
$408,840
$458,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,471
$458,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Magnolia Bank
Va
$342,250
Yes
First
May 17, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,823
$155,277
33%
66%
$2,052/mo

City: New Braunfels