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$649,000

147 S Academy Ave, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,369 Sq Ft
price_per_sqft$474.07 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Some Electric Appliances, Range
FlooringLuxury Vinyl Plank, Wood

Exterior

Exterior FeaturesCovered Patio, Handicap Accessible, Storage
Lot Size6,652 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-0000-0001-01
Lot Number124
SubdivisionCity Of New Braunfels, New City Block 10
Land UseResidential
Legal DescriptionCITY OF NEW BRAUNFELS, NEW CITY BLOCK 1001, LOT 124 SE PT
Census Tract310100
Assessed Land Value$148,400
Assessed Improvement Value$146,430
Assessment Year2025

About this property

Own a piece of New Braunfels history in the heart of downtown! This charming 2/1 Craftsman, currently operating as a successful STR, offers an incredible opportunity to own an income-producing property in one of the most walkable locations in New Braunfels. Rich with original character, the home features original oak hardwood floors, operational historic windows, built-in cabinetry in the bedrooms and bath, and even stairs leading down to the home's original root cellar. The kitchen features granite countertops, while generously sized bedrooms and an abundance of storage make the home as practical as it is charming. Offered turnkey with furnishings and future bookings, this is an exciting opportunity for an investor, weekend-home buyer, or someone looking for an unforgettable downtown residence. And the location is hard to beat. Step outside and walk to the best of downtown New Braunfels—Saturday mornings at the farmers market, local restaurants, coffee shops, shopping and nightlife are all nearby, with the Comal River and Schlitterbahn just a short distance away. The sister property next door is also available for purchase, offering the rare opportunity to own two neighboring properties in the heart of downtown New Braunfels.

Investor Tools

$345,962Estimated Mortgage Balance
$48,038Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

Interested in this property?

Sarah McDaniel

Greenbelt Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,020
$294,830
2025
$148,400
$146,430
$294,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,020
$294,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jefferson Bank
Commercial
$382,500
No
First
Aug 16, 2021
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,962
$48,038
12%
88%
$2,294/mo

City: New Braunfels

147 S Academy Ave | Property Details | No Agent List