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NoAgentList RatingHow are grades calculated?Info
Days1131Days on Market
Views1view

$397,888

1588 W Klein Rd, New Braunfels, TX, 78130

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.94 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Range
FlooringConcrete, Linoleum

Exterior

Lot Size36,024 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2G-0103-0000-05020-000
SubdivisionDewitt Sarah
Land UseResidential
Legal DescriptionABS: 103 SUR: SARAH DEWITT 0.8270 AC.
Census Tract210611
Assessed Land Value$34,403
Assessed Improvement Value$346,901
Assessment Year2025

About this property

Seller is highly motivated and ready to make a deal. Great investment opportunity! Fantastic location, right across the road from the brand-new NB Sports Complex. Commercial potential! This lot with 2 homes is approximately 331 long and 104 feet wide. It used to be 3 lots with 2 homes many years ago but were merged into one big lot with 2 homes for tax purposes. Both homes are vacant and in need of repair. The homes are approximately 1,040 sq ft each, all electric, with 2 bedrooms, 1 bath, and open floor plan for kitchen, dining, and living areas. There is approximately 151 feet of vacant lot between the two homes, thus allowing ample space for more single-family homes or duplexes to be built.

Investor Tools

$0Estimated Mortgage Balance
$381,304Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,387 /month
Positive
Cash Flow Estimate:
$796 /month

Interested in this property?

Brian Jones

Home Team of America

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,122
$381,304
2025
$34,403
$346,901
$381,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,122
$381,304

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,304
100%
0%
$0/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.

Explore Texas Explore This Area
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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1588 W Klein Rd | Property Details | No Agent List