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$389,000

NAL Estimated Property Value

349 S Gilbert Avenue 349, New Braunfels, TX, 78130

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths932 Sq Ft
price_per_sqft$375.54 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer Stacked, ENERGY STAR Qualified Appliances, Free-Standing Range
FlooringVinyl

Exterior

Lot Size2.25 acres

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN240-1950-0001-00
SubdivisionComal River
Land UseResidential
Legal DescriptionCOMAL RIVER CONDO, BLDG A, UNIT 349
Census Tract310100
Assessed Land Value$42,810
Assessed Improvement Value$276,500
Assessment Year2025

About this property

Blocks from Downtown New Braunfels, Comal River front with 3 entrance or exit points. Beautiful lush grass area to relax, Bar B Q pits and picnic tables on property, swim across the river to Schlitterbahn. Commercial C4 Zoning, Approved as short Term rental . Or enjoy this property as your primary residency.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$195,757Estimated Mortgage Balance
$193,243Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,607
$319,310
2025
$42,810
$276,500
$319,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,607
$319,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Commercial
$225,000
No
First
Oct 28, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,757
$193,243
49%
50%
$1,349/mo

City: New Braunfels

349 S Gilbert Avenue 349 | Property Details | No Agent List