Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$887,428

NAL Estimated Property Value

1399 Mary Preiss Drive, New Braunfels, TX, 78132

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.2 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Oven, Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.09 acres

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42-0600-0071-06
SubdivisionPreiss Heights
Land UseResidential
Legal DescriptionPREISS HEIGHTS, BLOCK 17, RESUB D PREISS 4.0 AC
Census Tract310901
Assessed Land Value$211,280
Assessed Improvement Value$840,890
Assessment Year2025

About this property

Best kept secret in New Braunfels, Preiss Heights neighborhood is just a short walk or golf cart ride away to Gruene or voluntary POA river park! OVERNIGHT RENTALS ALLOWED. This one-acre lot boasts beautiful trees, your own in-ground pool, several decks and patio areas for entertaining, storage building and workshop. This charming ranch style home has original hardwood floors and tile throughout. Neighborhood Guadalupe Riverfront park. Bring your golf cart. NO HOA, NO City Taxes, No Restrictions. Don't miss out on this desirable location! ALL FURNISHINGS NEGOTIABLE.

Investor Tools

Property Icon
$887,428
Estimated Property Value
$728,854Estimated Mortgage Balance
$158,574Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,325 /month
Positive
Cash Flow Estimate:
$1,775 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,986
$887,428
2025
$211,280
$840,890
$1,052,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,986
$887,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fayette Savings Bank Ssb
Purchase Money Mortgage
$751,200
No
First
Oct 4, 2024
Oct 2204

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$728,854
$158,574
17%
82%
$4,504/mo

City: New Braunfels

1399 Mary Preiss Drive | Property Details | No Agent List