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$298,900

737 Milestone Park 22A, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,579 Sq Ft
price_per_sqft$189.3 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Electric Range, Disposal, Plumbed For Ice Maker, Refrigerator, Water Heater, Washer, Some Electric Appliances, Microwave, Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPorch, Private Yard
Lot Size5.62 acres

Building Information

Year Built2018
Stories2
Garage Spaces1

Land Information

APN240-4320-0043-00
SubdivisionOld Mill Crossing Townhomes
Land UseResidential
Legal DescriptionOLD MILL CROSSING TOWNHOMES CONDO, UNIT 22A
Census Tract310501
Assessed Land Value$11,020
Assessed Improvement Value$274,740
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY | TENANT IN PLACE | IMMEDIATE RENTAL INCOME | 3 BEDROOMS | PRIMARY DOWNSTAIRS | 2-CAR GARAGE Looking to add a tenant-occupied rental property to your investment portfolio? 737 Milestone Park 22A offers an opportunity to purchase a well-maintained 3-bedroom, 2-bath property in New Braunfels with an established long-term tenant already in place—providing rental income from day one. Located in the desirable Old Mill Crossing community, this property features a functional two-story floor plan with the spacious PRIMARY SUITE ON THE MAIN LEVEL. The primary bath includes a walk-in shower, while the kitchen features granite countertops, a center island, ample cabinetry, and a refrigerator that conveys. Additional features include newer carpet, an included washer and dryer, attached TWO-CAR GARAGE, covered patio, and a fenced, pet-friendly backyard—features that add to the property's appeal as a long-term rental. Upstairs, two additional bedrooms and a full bathroom provide separation from the primary suite and flexible space for a variety of tenant needs. LOCATION is another major advantage. The property offers convenient access to Downtown New Braunfels, Faust Street Bridge, Gruene, the River Mill area, shopping, dining, and entertainment, along with easy access to major roadways for commuting toward San Antonio or Austin. For investors searching for an income-producing property in New Braunfels, 737 Milestone Park 22A offers an established tenant, immediate rental income, 3 bedrooms, a downstairs primary suite, 2-car garage, included appliances, and a convenient location near some of the area's most popular destinations. Skip the search for a tenant and add an already-occupied New Braunfels rental property to your portfolio.

Investor Tools

$151,212Estimated Mortgage Balance
$151,788Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

Interested in this property?

Connie Dominguez

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,759
$285,760
2025
$11,020
$274,740
$285,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,759
$285,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trusttexas Bank Ssb
Unknown
$178,500
No
First
Nov 16, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,212
$151,788
50%
50%
$1,071/mo

City: New Braunfels

737 Milestone Park 22A | Property Details | No Agent List