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$869,509

NAL Estimated Property Value

983 Ridgeroad Dr, New Braunfels, TX, 78130

$910,694 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,542 Sq Ft
price_per_sqft$281.27 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size29,895 sqft

Building Information

Year Built1984
Roof Type105
Garage Spaces1

Land Information

APN1G-1800-0000-00100-000
Lot Number1
SubdivisionLakecreek
Land UseResidential
Legal DescriptionLAKECREEK, LOT 1 & NE PT 2
Census Tract210606
Assessed Land Value$281,155
Assessed Improvement Value$588,354
Assessment Year2025

About this property

Looking for a home or investment short term rental property, look no further. Lake McQueeney river front home with 97' waterfront. Best waterfront with shallow water for kids to play at dock with deep water farther out. Swimming area by dock protected from boat traffic because of the bend in the river. Boat house has two 6000 pound lifts, accommodates "V" bottom and pontoon & 4x8 ski locker. Fantastic river views from multiple decks, fireplace plus fire pit, mature trees, shady afternoons, built-in grill outside with 2 burner cooktop and small fridge. Master bedroom up with private balcony, walk-in closet & double vanity - 2nd bedroom on main floor - 3rd bedroom lower level plus 4th sleeping area with double & twin bunk beds that stay. This 4th bedroom area is open to efficiency kitchen & second living area plus full bath.

Investor Tools

Property Icon
$869,509
Estimated Property Value
$0Estimated Mortgage Balance
$869,509Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$910,694
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,217 /month
Positive
Cash Flow Estimate:
$1,739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,721
$869,509
2025
$281,155
$588,354
$869,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,721
$869,509

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$869,509
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
2.2%

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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983 Ridgeroad Dr | Property Details | No Agent List