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$450,000

1554 Gruene Rd # A10, New Braunfels, TX, 78130

$559,278 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,291 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$348.57 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Range
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size3.03 acres

Building Information

Year Built2016
Stories1
Roof Type112

Land Information

APN240-7350-0010-00
SubdivisionOld Mill Resort At Gruene Residential
Land UseCondominium
Legal DescriptionOLD MILL RESORT AT GRUENE RESIDENTIAL CONDO, UNIT A-10
Census Tract310503
Assessed Land Value$24,560
Assessed Improvement Value$432,720
Assessment Year2025

About this property

Welcome to your next great investment opportunity. This beautifully appointed 2-bedroom, 2-bath condo ideally located within walking distance to historic Gruene, Texas, one of the most sought-after vacation destinations in the Hill Country.This ground-floor unit combines timeless country charm with modern comfort. Inside, you’ll find luxury vinyl wood flooring throughout, custom cabinetry, and a spacious kitchen designed for both style and functionality. The unit also includes a washer and dryer, making it fully equipped for short-term rental guests or personal stays. Outside, the complex offers a relaxed community atmosphere with a sparkling pool, BBQ grills, and a picnic area perfect for gathering with friends and family. Surrounded by mature trees and tucked just minutes from the Guadalupe River, this property captures the essence of Texas Hill Country living. Currently part of a short-term rental pool, this condo is a true turnkey investment ready to generate income from day one. Offered fully furnished, it’s ideal for those seeking a dual-purpose property: a personal getaway when you’re in town and a profitable vacation rental when you’re not. Enjoy easy access to everything that makes Gruene famous live music and dancing at the legendary Gruene Hall, dining at The Gristmill, boutique shopping, and river adventures like tubing and kayaking. Whether you’re looking to expand your investment portfolio or secure your own Hill Country escape, this property offers unmatched flexibility, charm, and earning potential. Don’t miss your chance to own a piece of the Gruene lifestyle — where comfort, charm, and cash flow come together.

Investor Tools

$0Estimated Mortgage Balance
$457,280Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$559,277
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,744 /month
Positive
Cash Flow Estimate:
$915 /month

Interested in this property?

Diane Barnard

Barnard Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$463/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,379
$457,280
2025
$24,560
$432,720
$457,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,379
$457,280

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$457,280
100%
0%
$0/mo

City: New Braunfels

1554 Gruene Rd # A10 | Property Details | No Agent List