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
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days713Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$565,000

401 W Lincoln Street A201, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths915 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$617.49 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Microwave, Range
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.57 acres

Building Information

Year Built1985
Stories1
Roof Type114

Land Information

APN240-4750-0009-00
SubdivisionInverness At New Braunfels
Land UseResidential
Legal DescriptionINVERNESS AT NEW BRAUNFELS CONDO, BLDG A-1, UNIT A-201
Census Tract310200
Assessed Land Value$28,560
Assessed Improvement Value$345,950
Assessment Year2025

About this property

Gorgeous Updated WATERFRONT CONDO in New Braunfels. This income generating short term rental has brand new flooring throughout, new paint, Updated bathrooms, granite countertops, stainless steel appliances, beautiful backlash, and HUGE windows throughout. This Comal River waterfront fully furnished condo sits across the street from the famous waterpark Schlitterbahn in downtown New Braunfels, making it the perfect location for a short-term rental or family getaway oasis. This highly sought after Inverness condominium has a beautiful sprawling common area with large decks and shaded seated areas overlooking the private pool and endless waterfront views. With private parking and an elevator, viewing this gorgeous property is an ease so book your tour today! PRICED TO SELL, you won't find another opportunity like this!

Investor Tools

$345,402Estimated Mortgage Balance
$140,598Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

Interested in this property?

Pyper Olson

JPAR San Antonio

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,686
$374,510
2025
$28,560
$345,950
$374,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,686
$374,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Conventional
$369,350
No
First
Nov 15, 2022
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,402
$140,598
28%
71%
$2,215/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

401 W Lincoln Street A201 | Property Details | No Agent List