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$516,000

NAL Estimated Property Value

1603 Gruene Cv, New Braunfels, TX, 78130

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,571 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.65 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,901 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN20-0270-0001-00
Lot Number1
SubdivisionGruene Cove 1
Land UseResidential
Legal DescriptionGRUENE COVE 1, LOT 1
Census Tract310503
Assessed Land Value$100,000
Assessed Improvement Value$243,360
Assessment Year2025

About this property

Walk to Historic Downtown Gruene from This Charming Home Sitting on a Beautifully Landscaped Corner Lot. Great Open Floor Plan for Entertaining. Features Chef's Kitchen Has Double Ovens, Granite Counters, Custom Cabinets, & Stainless Steel Appliances, Beautiful Master Crafted Rock Fireplace, Gorgeous Wood Floors, Private Study, Sprinkler System, Lovely Private Backyard Offers Flagstone Patio for Entertaining. Enjoy Gruene's Amazing Restaurants, Shopping, Music at Gruene Hall, the Oldest Dance Hall in Texas and the Comal & Guadalupe Rivers.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$440,365Estimated Mortgage Balance
$76,440Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,982
$343,360
2025
$100,000
$243,360
$343,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,982
$343,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Commercial
$476,000
No
First
Apr 20, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,365
$78,635
15%
85%
$2,854/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1603 Gruene Cv | Property Details | No Agent List