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$353,000

NAL Estimated Property Value

150 W Faust St, New Braunfels, TX, 78130

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths3 Bath
Baths937 Sq Ft
price_per_sqft$405.55 / sqft
Year BuiltBuilt in 1942

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,999 sqft

Building Information

Year Built1942
Stories1
Roof Type105
Garage Spaces3

Land Information

APN1-0000-0660-00
Lot Number8
SubdivisionHighway Addition, New City Block 1061
Land UseResidential
Legal DescriptionHIGHWAY ADDITION, NEW CITY BLOCK 1061, LOT 8
Census Tract310100
Assessed Land Value$158,210
Assessed Improvement Value$138,530
Assessment Year2025

About this property

Charming & Flexible Property Near Downtown New Braunfels! Welcome to 150 W Faust St., a beautifully updated two-bedroom home with C3 zoning, offering the perfect blend of residential comfort and business potential. Inside, you'll find one full bathroom and one half bath, with a functional layout ideal for living, working, or both. Spray foam insulation has been added in the attic and exterior attic walls, helping maintain comfort and efficiency throughout the seasons. Step outside to a peaceful outdoor space featuring mature pecan trees, raised flower beds, and a tranquil Koi pond-the perfect setting for a future Zen garden. The oversized detached one-car garage adds extra versatility with a half bath, laundry area, and a bonus room with a window A/C unit, great for a studio, office, or workspace. The HVAC system was replaced in August 2020, inspected in July 2024, and serviced in August 2024, which included replacing the secondary drain pan and installing a PVC line for added protection. Whether you're envisioning an instructional studio, hair salon, florist shop, or something else entirely, this property is ready to bring your vision to life. Just minutes from downtown New Braunfels with easy access to IH-35, the location couldn't be more convenient. Come explore the possibilities-this unique space is full of potential.

Investor Tools

Property Icon
$353,000
Estimated Property Value
$303,781Estimated Mortgage Balance
$49,219Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,459
$296,740
2025
$158,210
$138,530
$296,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,459
$296,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Commercial
$306,000
No
First
Dec 3, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,781
$49,219
13%
86%
$1,835/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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