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$420,000

263 S Grape Avenue, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$321.1 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave, Range
FlooringVinyl

Exterior

Exterior FeaturesNone
Lot Size11,452 sqft

Building Information

Year Built1960
Stories1
Roof Type112

Land Information

APN56-0270-0016-00
Lot Number16
SubdivisionWelsch 4.29 Acre Block
Land UseResidential
Legal DescriptionWELSCH 4.29 ACRE BLOCK, LOT 16
Census Tract310401
Assessed Land Value$129,120
Assessed Improvement Value$26,844
Assessment Year2025

About this property

Discover a rare opportunity in the heart of Downtown New Braunfels! This beautifully remodeled property features two separate homes on one lot, offering incredible flexibility for multi-generational living, rental income, or a private guest retreat. The main home boasts 2 spacious bedrooms and 2 full bathrooms, thoughtfully updated with modern finishes while maintaining its inviting charm. The second home is a fully renovated 1 bedroom, 1 bathroom residence—perfect for guests, long-term tenants, or even a short-term rental opportunity. Both homes have been fully remodeled, providing move-in-ready convenience with updated interiors designed for comfort and style. Situated just minutes from the vibrant downtown area, you’ll enjoy easy access to local shopping, dining, entertainment, and all that New Braunfels has to offer. Whether you’re an investor or looking for a versatile living arrangement, this unique property combines location, flexibility, and modern upgrades all in one exceptional package.

Investor Tools

$258,088Estimated Mortgage Balance
$157,912Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Matthew Gall

MAG Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,822
$155,964
2025
$129,120
$26,844
$155,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,822
$155,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Commercial
$266,000
No
First
Sep 5, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,088
$157,912
37%
62%
$1,595/mo

City: New Braunfels