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$791,000

NAL Estimated Property Value

1323 Mary Preiss Dr, New Braunfels, TX, 78132

$824,381 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.74 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Range, Cooktop
FlooringCeramic Tile, Vinyl

Exterior

Lot Size1.00 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces6

Land Information

APN42-0600-0071-04
SubdivisionPreiss Heights
Land UseResidential
Legal DescriptionPREISS HEIGHTS, BLOCK 17, RESUB D PREISS 4.0 AC
Census Tract310901
Assessed Land Value$197,290
Assessed Improvement Value$464,700
Assessment Year2025

About this property

Location location location!!! 1 mile to Gruene and 5 miles to downtown New Braunfels. Enjoy country living so close to Gruene and downtown New Braunfels. This home has so much to offer, from the grand living room space with a wood burning fireplace to the Florida room full of natural light, 2 eating areas for your entertaining desires. NO CARPET! The exterior of the home has an attached extra large 2 car garage and a detached drive- through workshop/garage with tons of storage space and a double gate leading to the large backyard. The grand front porch allows for enjoying the country fresh air and the private garden area allows for a nice relaxing space. This property has potential for short term rental, mid term rental or possible commericial use. Recent updates include: Metal Roof 2022, Luxury Vinyl Plank flooring added to living area, formal dining and bedrooms in 2022. Don't miss out on the voluntary HOA at Preiss Heights which includes a hidden gem of a private river park with Guadalupe river access and picnic areas.

Investor Tools

Property Icon
$791,000
Estimated Property Value
$441,401Estimated Mortgage Balance
$349,599Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$824,381
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,070 /month
Positive
Cash Flow Estimate:
$1,690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$661,990
2025
$197,290
$464,700
$661,990
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$661,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Va
$450,000
Yes
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,401
$349,599
44%
56%
$2,698/mo

City: New Braunfels

1323 Mary Preiss Dr | Property Details | No Agent List