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B+
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$961,690

360 Rio Dr, New Braunfels, TX, 78130

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$280.86 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Electric Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip, Dock
Lot Size23,296 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APN10-0120-0069-02
Lot Number5R
SubdivisionNew Blue Bonnet River Park Addition
Land UseResidential
Legal DescriptionNEW BLUE BONNET RIVER PARK ADDITION, BLOCK 19, LOT 5R
Census Tract310502
Assessed Land Value$520,870
Assessed Improvement Value$440,820
Assessment Year2025

About this property

Soak in the morning sun while relaxing on over 105 feet of prime waterfront on your personal dock, situated along the calming waters of Lake Dunlap. The double bay boat house offers space for a larger boat with its extra deep bay. New spill gates coming soon! The serene oasis vibe of the property is coupled perfectly with a short distance to restaurants and shopping. This two-story home keeps an open design concept in mind and has the Owner’s suite situated perfectly on the main level of the home overlooking the lake, while featuring an en suite and natural light. The kitchen is inclusive of custom cabinets and granite countertops. This open floor plan home is accented by wood built-ins, high ceilings, and a wall of windows overlooking the water. As you depart onto the deck, it guides you to the glistening waters of Lake Dunlap. The lush lawn is laced with mature eccentric Bald Cypress trees. Down at the lake you are equipped for all sorts of fun with the personal dock double bay boat lift granting easy access to the waters of Lake Dunlap.

Investor Tools

Property Icon
$961,690
Estimated Property Value
$455,000Estimated Mortgage Balance
$552,563Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,770 /month
Positive
Cash Flow Estimate:
$1,923 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,063
$961,690
2025
$520,870
$440,820
$961,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,063
$961,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$455,000
No
First
Feb 11, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,127
$552,563
57%
43%
$2,728/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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360 Rio Dr | Property Details | No Agent List