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$450,000

224 Alves Ln # 1, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,518 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$296.44 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size39,160 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces5

Land Information

APN10-0033-0002-00
Lot Number2
SubdivisionBaystone
Land UseResidential
Legal DescriptionBAYSTONE, LOT 2
Census Tract310502
Assessed Land Value$188,690
Assessed Improvement Value$602,720
Assessment Year2025

About this property

Many of the necessities of modern life are a short distance from the townhouse. It’s less than four miles from Walmart and H.E.B. Within a five-mile radius, you can get to top restaurants, such as Muck & Fuss, Clear Springs Café, Huisache Grill, and Gruene River Grill. There are also many fast food options, several movie theaters, and various shopping destinations to take advantage of. Every part of the Alves Lane condominium is designed for style and comfort. The living room has wood accents for a more rustic feel, and the dining room and kitchen are open with the living room and have lots of natural light. Moving into the bedrooms, you can expect tons of space and storage. Big windows, ceiling fans, and large closets are all provided. The master has a walk-in closet and an ensuite bathroom for total convenience. Bathrooms are also impressive with separate showers and tubs and glazed windows for privacy. Features List: Bedrooms: 3 Full bathrooms: 2 Flooring: Tile, Hardwood Heating features: Heat pump, Electric Cooling features: Central Appliances included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator Laundry features: Washer and Dryer Total interior livable area: 1,518 sqft Parking features: Garage - Attached Oversize 2 Car Exterior features: Brick, Cement / Concrete Lot size: 0.75 Acres Gated Entry. Private, fenced back yard with shared Pergola in front.

Investor Tools

Property Icon
$791,410
Estimated Property Value
$0Estimated Mortgage Balance
$791,410Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,748 /month
Positive
Cash Flow Estimate:
$1,583 /month

Interested in this property?

Stafford Ullrich

Falaya, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,500/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,042
$791,410
2025
$188,690
$602,720
$791,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,042
$791,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$791,410
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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