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Days44Days on Market
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$1,050,000

630 Central Parkway 1205/1206, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths3,249 Sq Ft
price_per_sqft$323.18 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesCooktop, Dishwasher, Microwave, Oven, Range, Disposal
FlooringCeramic Tile, Vinyl

Exterior

Lot Size1.30 acres

Land Information

APN38-0449-0044-00
Lot Number22
SubdivisionCreekside Wellness Center
Land UseVacant Land
Legal DescriptionCREEKSIDE WELLNESS CENTER, LOT 22
Census Tract310502
Assessed Land Value$689,101
Assessed Improvement Value$89,540
Assessment Year2025

About this property

One-of-a-kind penthouse in New Braunfels, designed for investors seeking scale, strong cash flow potential, and a competitive edge in the short-term rental market. This expansive 6-bed, 6-bath residence offers a rare "unicorn" opportunity with a projected 10% cap rate, featuring four primary suites to maximize occupancy, premium nightly rates, and guest satisfaction. The open-concept kitchen, dining, and living area flows into a custom bar and two private balconies-ideal for elevated indoor-outdoor entertaining. Designed with both style and efficiency in mind, the home includes a dedicated laundry room with dual washer/dryer sets for streamlined turnovers. Located just steps from Dovetail's amenities, this is a standout asset for investors seeking scale, performance, and exclusivity in the Hill Country market. Disclaimer: Projected cap rate is an estimate only and not guaranteed. Actual performance may vary based on market conditions, occupancy, expenses, and management.

Investor Tools

$448,426Estimated Mortgage Balance
$330,215Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

Interested in this property?

Liam Caruana

Compass RE Texas, LLC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,371/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,562
$778,641
2025
$689,101
$89,540
$778,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,562
$778,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wm Norris
Purchase Money Mortgage
$488,300
No
First
Jan 20, 2022
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,426
$330,215
42%
58%
$2,928/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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