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$357,840

318 E South St, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$379.38 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size7,501 sqft

Building Information

Year Built1971
Stories1
Roof Type105

Land Information

APN5-0000-0249-02
Lot NumberF-3
SubdivisionCity Block 5044
Land UseResidential
Legal DescriptionCITY BLOCK 5044, LOT F-3
Census Tract310200
Assessed Land Value$155,700
Assessed Improvement Value$202,140
Assessment Year2025

About this property

Motivated Seller! Modern Farmhouse with a designer's touch! An amazing opportunity is nestled in the heart of Downtown New Braunfels. This beautiful home is a little over a half mile from Schlitterbahn, Fair & Rodeo, Comal River, restaurants, and bars. This articulate home offers a modern vibe and features natural lighting, luxury laminate wood floors throughout, new windows, and ceiling fans in every room, even the living room ceiling fan offers the latest smart technology, beautiful pendant lighting, a stunning kitchen that has been upgraded with luxury smart stainless appliances, sleek backsplash, quartz stone countertops, with a touch of gold finishes. Have coffee on your large entertainer deck, which also connects directly to your master bedroom. Privileged with walkability to the Comal river, Lamar Elementary School, the public library, and commuter access, makes this a perfect place to relax and call home. This would also be a great investment property.

Investor Tools

Property Icon
$357,840
Estimated Property Value
$344,250Estimated Mortgage Balance
$33,087Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,761
$357,840
2025
$155,700
$202,140
$357,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,761
$357,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Fcu
Conventional
$344,250
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,753
$33,087
9%
91%
$2,064/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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318 E South St | Property Details | No Agent List