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$594,000

NAL Estimated Property Value

502 E Basel St, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.97 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBar Fridge, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Oven, Plumbed For Ice Maker, Water Heater, Tankless Water Heater, Wine Cooler
FlooringSee Remarks, Concrete, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Entrance, Private Yard
Lot Size11,400 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN5-0000-0127-01
Lot Number1
SubdivisionCity Block 5027
Land UseResidential
Legal DescriptionCITY BLOCK 5027, LOT 1
Census Tract310200
Assessed Land Value$137,710
Assessed Improvement Value$354,090
Assessment Year2025

About this property

Live, Work & Entertain in Style - Downtown New Braunfels. Experience elevated downtown living in this modern luxury home, just minutes from the heart of New Braunfels. Walk, bike, or take a quick golf cart ride to the river, local hotspots, restaurants, bars, and the vibrant town square-perfect for an active, social lifestyle. Designed with both comfort and functionality in mind, this home features high-end finishes throughout and multiple indoor-outdoor living spaces, including two covered patios-ideal for hosting friends or unwinding after work. There is even a sprinkler system! The chef-inspired kitchen is the centerpiece of the home, complete with gas cooking, granite countertops, custom soft-close cabinetry, a farmhouse sink, double ovens, beverage fridge, spacious pantry, and a breakfast bar-perfect for casual mornings or entertaining nights in. Need space to work from home or generate extra income? This property offers a rare, fully equipped guest suite/apartment with its own private entrance, fenced yard, kitchen, bathroom, bedroom, and in-unit laundry. Connected by a breezeway that doubles as an ideal home office or creative studio, it's perfect for remote professionals, rental income, or hosting guests. Upstairs, you'll find two private bedrooms, each with its own en-suite bathroom, including a spacious primary retreat with its own covered patio-your personal escape. Additional highlights include an Open-concept living and oversized dining area for entertaining. Dedicated laundry room + half bath on main floor. One-car garage + additional driveway parking. Whether you're hosting, working remotely, or enjoying everything downtown has to offer, this home delivers the perfect blend of luxury, flexibility, and lifestyle.

Investor Tools

Property Icon
$594,000
Estimated Property Value
$379,141Estimated Mortgage Balance
$214,859Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,316
$491,800
2025
$137,710
$354,090
$491,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,316
$491,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Lending Group Llc
Conventional
$420,000
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,141
$214,859
36%
64%
$2,519/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.

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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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502 E Basel St | Property Details | No Agent List