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$380,447

NAL Estimated Property Value

863 W Merriweather St, New Braunfels, TX, 78130

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,984 Sq Ft
price_per_sqft$166.33 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Range
FlooringLaminate, Tile

Exterior

Exterior FeaturesNone
Lot Size20,852 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN55-0830-0087-00
Lot Number9,11
SubdivisionUnicorn Heights Ext 2
Land UseResidential
Legal DescriptionUNICORN HEIGHTS EXT 2, BLOCK 11, LOT 9 & 11
Census Tract310401
Assessed Land Value$188,940
Assessed Improvement Value$219,570
Assessment Year2025

About this property

Location, space, and convenience come together in this 3-bedroom, 2-bath home on a generous 0.47-acre lot with no HOA! Nestled near the heart of New Braunfels, this property offers easy access to I-35, making trips to San Antonio or Austin a breeze. Enjoy a short walk or ride to HEB, Walmart, and local dining options. The home features a spacious primary bedroom, two living areas, and two dining spaces. The kitchen offers gas cooking, ample counter space, and a breakfast bar, perfect for gatherings. Step outside to an expansive backyard shaded by mature trees, complete with a 16x30 barn-style shed featuring a loft and electricity-ideal for a workshop, storage, or creative space. Located in the highly sought-after NBISD, this home is a rare find. Don't miss your opportunity to own this unique gem in the heart of New Braunfels!

Investor Tools

Property Icon
$380,447
Estimated Property Value
$14,759Estimated Mortgage Balance
$365,688Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,283 /month
Positive
Cash Flow Estimate:
$761 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,018
$380,447
2025
$188,940
$219,570
$408,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,018
$380,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Stand Alone Second / Subordinate Position
$15,000
No
First
Jun 27, 2025
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,759
$369,241
96%
4%
$90/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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863 W Merriweather St | Property Details | No Agent List