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$186,000

NAL Estimated Property Value

235 Posey Pass, New Braunfels, TX, 78132

$201,886 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.16 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

BankruptcyPre-Foreclosure

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Oven, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony
Lot Size5,663 sqft

Building Information

Garage Spaces2

Land Information

APN33-0100-0197-00 01
Lot Number13
SubdivisionMagnolia Springs 3
Land UseSingle Family Residence
Legal DescriptionMAGNOLIA SPRINGS 3, BLOCK 1, LOT 13
Census Tract310804
Assessed Land Value$32,500
Assessed Improvement Value$93,050
Assessment Year2025

About this property

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home located in the desirable Magnolia Springs subdivision. This inviting home features a spacious open-concept layout with abundant natural light, and a seamless flow between the living, dining, and kitchen areas-perfect for both everyday living and entertaining. The well-appointed kitchen offers rich cabinetry, granite countertops, stainless steel appliances, and ample counter space, all overlooking the large living room. The primary suite provides a relaxing retreat with vaulted ceilings and a spacious ensuite bathroom featuring a soaking tub, separate walk-in shower, and generous vanity space. Step outside and enjoy one of the home's standout features-an extended deck ideal for outdoor dining, relaxing, or entertaining guests. The backyard offers peaceful views with no neighbors directly behind you, providing added privacy and a serene setting. Additional highlights include a bright dining area, spacious secondary bedrooms, and a functional layout designed for comfort and convenience. Located in the sought-after Magnolia Springs community, this home offers a perfect balance of neighborhood living while still enjoying quiet backyard privacy. This property is a wonderful opportunity to enjoy comfortable living, great outdoor space, and a desirable location all in one.

Investor Tools

Property Icon
$186,000
Estimated Property Value
$214,502Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$201,886
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
$183/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,754
$125,550
2025
$32,500
$93,050
$125,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,754
$125,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$237,618
Yes
First
Apr 26, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,502
N/A
0%
115%
$1,425/mo

Learn About the Market: Opportunity in Texas

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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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235 Posey Pass | Property Details | No Agent List