Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$595,000

401 W Lincoln ST A208, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths965 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$616.58 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Electric Oven, Free-Standing Electric Oven, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesUncovered Courtyard
Lot Size1.57 acres

Building Information

Year Built1985
Stories1
Roof Type114

Land Information

APN240-4750-0016-00
SubdivisionInverness At New Braunfels
Land UseResidential
Legal DescriptionINVERNESS AT NEW BRAUNFELS CONDO, BLDG A-1, UNIT A-208
Census Tract310200
Assessed Land Value$28,560
Assessed Improvement Value$363,630
Assessment Year2025

About this property

TRUE WATERFRONT CONDO ON THE COMAL RIVER ?? Why settle for a parking lot view when you can wake up to the river? This beautifully maintained waterfront condo offers the perfect blend of relaxation, location, and income potential. Featuring a double-sided patio with stunning views of both the pool and the Comal River, this property is designed for guests and owners who want to fully enjoy the New Braunfels lifestyle. Currently operating as a successful Short-Term Rental (STR), the condo is being sold fully furnished with high-end furnishings throughout. Guests consistently rave about the comfort—especially the incredibly comfortable beds—resulting in strong reviews and high ratings that the new owner can inherit. LOCATION, LOCATION, LOCATION! Directly across the street from Schlitterbahn and just a short stroll to downtown New Braunfels. Enjoy easy access to restaurants, shops, bars, antiques, and everything that makes this river town special. Ready to float the river? Step outside and start your tube right in front of your condo. Property Features: • True waterfront on the Comal Rive • 2 bedrooms | 1 full bathroom • Sleeps up to 6 comfortably (includes trundle-style daybed) • Double-sided patio overlooking the pool and river • Fully stocked kitchen – turnkey for guests • High-end furnishings included • LG Black Steel washer and dryer in unit • Dedicated parking space plus additional open parking • Private storage room for owner supplies and personal items Whether you're looking for a profitable short-term rental, a weekend getaway, or your own waterfront home, this condo is a rare opportunity in one of New Braunfels’ most desirable locations. Turnkey. Waterfront. Proven rental success. Opportunities like this on the Comal River don’t come along often.

Investor Tools

$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

Interested in this property?

Amy Black

Kuper Sotheby's Int'l Realty N

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$829/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,004
$392,190
2025
$28,560
$363,630
$392,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,004
$392,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

City: New Braunfels