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$841,000

586 Granada Dr, New Braunfels, TX, 78130

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$663.85 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringLaminate, Linoleum, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Yard
Lot Size1.70 acres

Building Information

Year Built1946
Roof Type112
Garage Spaces2

Land Information

APN56-0050-0057-00
SubdivisionVilla Rio
Land UseResidential
Legal DescriptionVILLA RIO, (A- 1 SUR- 1 A M ESNAURIZAR), ACRES 1.703 (A- 1 SUR- 1 A M ESNAURIZAR)
Census Tract310502
Assessed Land Value$739,240
Assessed Improvement Value$100,760
Assessment Year2025

About this property

LAKEFRONT home on acreage in the center of town!!! NO HOA!!! This is a great home that also has great potential as an investment as a short term rental. This property is zoned R-3L “Multifamily Low Density District with a Special Use Permit to Allow a One Family Dwelling”. The other Ordinance grants a “Special Use Permit to allow Short Term Rental of a Single Family Dwelling”. This home has recently been updated but still has a majority of the original charm. There is plenty of open space inside and outside for entertaining all year long with family and friends. Enjoy boating, kayaking, floating, jet skiing, paddle boarding, swimming and snorkeling in your backyard. This home also has a basement which is perfect for storing your water equipment and outdoor games. Don't miss out on your opportunity to live, vacation and or invest on Lake Dunlap today.

Investor Tools

Property Icon
$841,000
Estimated Property Value
$0Estimated Mortgage Balance
$841,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,785
$840,000
2025
$739,240
$100,760
$840,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,785
$840,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$840,000
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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586 Granada Dr | Property Details | No Agent List