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$391,890

NAL Estimated Property Value

1946 Palace Dr, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,035 Sq Ft
price_per_sqft$186.68 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Electric Oven, Water Softener Rented
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,199 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN40-0900-0008-00
SubdivisionPalace Heights 1 & 2
Land UseResidential
Legal DescriptionPALACE HEIGHTS 1 & 2, BLOCK 1, TRACT 8A, LIFE ESTATE LIFE ESTATE
Census Tract310404
Assessed Land Value$65,000
Assessed Improvement Value$326,890
Assessment Year2025

About this property

Stunning home situated on an oversized lot that backs up to Memorial Elementary greenbelt. The property features mature canopy shade trees, a covered back & front porch for enjoying the outdoors. As you walk into the home, you'll notice the attention to detail with custom wall shelving, custom cabinetry with soft close drawers, and a movable island in the kitchen. The kitchen also boasts subway tile, and Bosch Appliance Suite including stove top, oven vent hood & dishwasher. The spacious living area features a brick fireplace, track lighting, and laminate wood flooring throughout the home. Skylights and blinds provide plenty of natural light and privacy. The home includes 2 full bathrooms, with a brand new remodel of the combo shower/tub with subway tile and custom built-in cabinets. The master bedroom is a true retreat with a bay window, double sink in the master bath, garden jacuzzi tub, and a stand shower. The walk-in master closet is equipped with a closet organizer system. This home also includes two additional bedrooms for the growing Family. With 4-sided brick exterior, a water softener (leased), sprinkler system for the front and back yard, this home is sure to impress. Brand New 30 year roof installed in July 2022, and New AC Unit installed May 2022! There is also a family of Blue Jays that visit regularly. Don't miss your opportunity to own this beautiful property.

Investor Tools

Property Icon
$391,890
Estimated Property Value
$0Estimated Mortgage Balance
$391,890Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,351 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,603
$391,890
2025
$65,000
$326,890
$391,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,603
$391,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,890
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.

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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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