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$385,000

500 N Market # 105, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$445.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator, Microwave, Oven, Range, Cooktop, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Lot Size2.42 acres

Building Information

Year Built1983
Stories1
Roof Type112

Land Information

APN240-8360-0005-00
SubdivisionRiver Run Condominiums On The Comal Rive
Land UseResidential
Legal DescriptionRIVER RUN CONDOMINIUMS ON THE COMAL RIVER CONDO, BLDG A, UNIT 105
Census Tract310100
Assessed Land Value$25,129
Assessed Improvement Value$337,558
Assessment Year2025

About this property

Wake up to the peaceful sounds of the Comal River and spend your days floating one of Texas' most iconic waterways. This beautifully maintained 2-bedroom, 2-bath condo offers one of the most desirable floor plans in the complex with a spacious double balcony overlooking the river, pool, and beautifully landscaped grounds. Whether you're looking for a vacation getaway, investment property, or full-time retreat, this turnkey condo checks every box. Recent updates include a new HVAC system and water heater, giving buyers added peace of mind. Located just above the convenient on-site laundry facilities and served by an elevator, this unit offers easy, comfortable living. Step outside and enjoy direct Comal River access, one of the first entry points from the headwaters, then float the river with outfitters conveniently located just outside the gates. Spend the afternoon relaxing by the pool and hot tub, or gather with family and friends at one of the many BBQ areas throughout the property, where there's almost always a grill available. Just a short walk to downtown New Braunfels, you'll enjoy restaurants, shopping, live music, the Farmers Market, Wurstfest, and year-round festivals. Whether you're sipping coffee on the balcony, cooling off in the river, or generating rental income while you're away, this is the perfect opportunity to own a piece of the Comal River lifestyle.

Investor Tools

$0Estimated Mortgage Balance
$381,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Donna Cowey

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,509
$362,687
2025
$25,129
$337,558
$362,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,509
$362,687

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,000
100%
0%
$0/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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500 N Market # 105 | Property Details | No Agent List