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$348,890

NAL Estimated Property Value

1938 Reserve Way, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.21 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,276 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN35-0521-0418-00
Lot Number9
SubdivisionReserve At Mockingbird Heights (The)
Land UseResidential
Legal DescriptionRESERVE AT MOCKINGBIRD HEIGHTS (THE), BLOCK 1, LOT 9
Census Tract310406
Assessed Land Value$65,000
Assessed Improvement Value$283,890
Assessment Year2025

About this property

SELLER IS MOTIVATED!!! SELLER IS WILLING TO PAY FOR $10,000 OF BUYER'S CLOSING COSTS!!! PRICE REDUCTION!!! 3 CAR GARAGE!!! SINGLE STORY, 3 BEDROOMS, 2 BATH, WITH AN OFFICE/FLEX SPACE!!! OPEN FLOORPLAN AND SPLIT BEDROOMS!!! GRANITE COUNTERTOPS, ISLAND KITCHEN, STAINLESS APPLIANCES, WHITE CABINETS, AND CARPETING ONLY IN THE BEDROOMS AND OFFICE!!! THE BACKYARD INCLUDES PRIVACY FENCING, AND A COVERED PATIO AS WELL AS A SPRINKLER SYSTEM!!! ONLY 5 YEARS OLD AND EASY ACCESS TO IH35.

Investor Tools

Property Icon
$348,890
Estimated Property Value
$320,680Estimated Mortgage Balance
$28,210Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,093 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,160
$348,890
2025
$65,000
$283,890
$348,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,160
$348,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Fed Mortgage Corp
Conventional
$323,980
No
First
Oct 1, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,680
$28,210
8%
92%
$1,943/mo

City: New Braunfels

1938 Reserve Way | Property Details | No Agent List