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$301,000

747 Gristmill Dr, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,479 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Oven, Refrigerator, Water Heater, Washer, Cooktop, Microwave, Range
FlooringCarpet, Tile

Exterior

Lot Size5.62 acres

Building Information

Year Built2017
Stories2
Garage Spaces1

Land Information

APN240-7320-0010-00
SubdivisionOld Mill Crossing Townhomes
Land UseResidential
Legal DescriptionOLD MILL CROSSING TOWNHOMES CONDO, UNIT 5B
Census Tract310501
Assessed Land Value$11,020
Assessed Improvement Value$216,600
Assessment Year2025

About this property

Beautiful Condominium Home near everything New Braunfels. Two Stories, Open Living Kitchen and Dining give this space a big feel. 2 bedrooms and full bath upstairs. Home has xeriscape front yard, tenant maintains back yard. Private Cozy Patio in the Wood fenced back yard. Master bedroom is downstairsWith large shower and separate water closet for use as guest bath. Home offers Fridge, Washer and Dryer with rental.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$0Estimated Mortgage Balance
$301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,531
$227,620
2025
$11,020
$216,600
$227,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,531
$227,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$301,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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747 Gristmill Dr | Property Details | No Agent List