Available
$190,000(ARV: $310,000)61% of ARV

Comal County, New Braunfels, TX 78130

4 bd2 ba2,002 sfBuilt 2005

11 days ago

Gross spread$120,000

Description

A 4-bed/2-bath single-story rental in New Braunfels. The tenant pays $1,695 a month and wants to stay, the big-ticket systems are already updated, and a structural engineer has written up the foundation repair. Property Overview Main house: 4 bed / 2 bath, about 2,002 sq ft, single story, built 2005 Attached 2-car garage, covered front porch, 0.18-acre lot in the Morning Mist subdivision Tenant-occupied, no lease, paying $1,695 a month and wants to stay Long-time owners have run it as a rental and are selling rather than handle the foundation repair themselves Condition Roof: New Foundation: Slab. A structural engineer's write-up shows the left corner is down about 7.5" and needs about 4.5 piers. The back and right side are level. The engineer's letter is available. Our foundation contractor can do the pier work for about $8K. HVAC: New Electrical & Plumbing: No issues noted. Buyer to verify. Interior: New carpet and flooring. Expect some cosmetic work after the foundation repair. Estimated total rehab: about $8K using our foundation contractor Numbers Starting price: $190,000 ARV: $310,000 Closing date: November 20, 2026 Why It Works New roof and new HVAC, so the expensive systems are done Foundation repair is scoped by an engineer, so you're pricing a known repair, not guessing All-in around $198K on a $310K ARV Rent comes in from day one with a tenant who wants to stay After the repair, you can keep it as a rental or sell it retail in a growing New Braunfels market

Verified — contract control only

The originating marketplace confirmed that the seller holds an executed purchase contract on this property. That is the whole of what it attests. It is not a check of the asking price, the condition, the repair estimate, the after-repair value or whether the deal is profitable. A deal without this badge is not unsafe — most have simply never been checked.

$/sqft vs market

This deal$95/sqft
Market median$213/sqft
Difference−56% below

Median of 14 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms2
Square feet2,002
Lot size7,841 sf
Year built2005
ConditionLight Rehab
OccupancyTenant Occupied
ParkingAttached Garage

Systems & condition

Roof age1-3 yrs
HeatingOther · 0-5 yrs
Air conditioningCentral AC
FoundationSlab
Foundation conditionFair

Self-reported by the seller. Not inspected.

Property information

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