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$1,250,000

340 Rio Dr, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,073 Sq Ft
price_per_sqft$602.99 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Plumbed For Ice Maker, Water Heater, Some Electric Appliances, Range
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Enclosed Porch
Lot Size13,591 sqft

Building Information

Year Built1994
Stories2
Roof Type112

Land Information

APN10-0120-0069-01
Lot Number4R
SubdivisionNew Blue Bonnet River Park Addition
Land UseResidential
Legal DescriptionNEW BLUE BONNET RIVER PARK ADDITION, BLOCK 19, LOT 4R
Census Tract310502
Assessed Land Value$352,620
Assessed Improvement Value$291,080
Assessment Year2025

About this property

Experience the ease of lakefront living at 340 Rio Dr on the shores of Lake Dunlap. Filled with natural light and designed to embrace the waterfront, this thoughtfully designed home offers expansive lake views, a spacious living room with a cozy fireplace, and a screened porch perfect for year-round enjoyment. The main-level primary suite features French doors opening to an expansive balcony overlooking the water, while each secondary bedroom includes its own ensuite bath for added privacy. A gently sloping backyard leads to the private dock, making boating, paddleboarding, and lake days effortless. Just minutes from downtown New Braunfels, this exceptional property offers the perfect blend of peaceful waterfront living and everyday convenience. Furnishings are negotiable.

Investor Tools

$184,356Estimated Mortgage Balance
$516,367Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Jolene Lane-Huereca

Phyllis Browning Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,075/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$643,700
2025
$352,620
$291,080
$643,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$643,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lark Phillips
Seller Carryback / Seller Financing / Seller Take-Back
$280,000
No
First
Dec 29, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,356
$463,644
71%
26%
$1,679/mo

City: New Braunfels

340 Rio Dr | Property Details | No Agent List