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$381,000

NAL Estimated Property Value

1289 Old Fm 306, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,544 Sq Ft
price_per_sqft$249.35 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Concrete

Exterior

Lot Size4,844 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces1

Land Information

APN55-0487-0001-00
Lot Number1R
SubdivisionThorn Hill
Land UseResidential
Legal DescriptionTHORN HILL, LOT 1R
Census Tract310503
Assessed Land Value$68,250
Assessed Improvement Value$256,760
Assessment Year2025

About this property

For 17 years, she's called this charming 3-bedroom, 2.5-bath home her haven. Just steps from Gruene Hall, she loved strolling over to catch live music with friends, the twang of guitars, and laughter spilling into the warm Texas nights. This 1,544-square-foot gem, with its two-car garage, has been more than a house-it's been a cornerstone, a gathering spot where friends from near and far have come to share meals, swap stories, and soak in the tranquility of this walkable neighborhood. Restaurants, live tunes, and the gentle buzz of a close-knit community have been her daily soundtrack. But now, her aging family is calling her back home, and it's time for this house to start its next chapter. The layout flows effortlessly-perfect for hosting or just kicking back. The master bedroom sits downstairs, a peaceful retreat with its own space to unwind, while upstairs, two guest bedrooms have welcomed countless visitors over the years. Need more room? The floored attic is ripe for expansion-imagine a cozy loft or a quiet office. The half-bath downstairs keeps things practical, and the whole place feels open yet intimate, ready for new memories. Location seals the deal. You're three minutes from I-35, so the world's at your fingertips, yet tucked into a spot where HEB, Creekside shopping, and Canyon Lake's sparkling shores are just a quick hop away. The neighborhood invites you to wander, whether it's to grab a coffee or stretch your legs under the oaks. This isn't just a home; it's a launchpad for adventure, waiting for someone new to step in and pick up the beat. OH, THE RUG IS IMITATION ZIBRA!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$257,878Estimated Mortgage Balance
$123,122Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,678
$294,938
2025
$68,250
$256,760
$325,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,678
$294,938

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$262,500
No
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,878
$123,122
32%
68%
$1,574/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.

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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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1289 Old Fm 306 | Property Details | No Agent List