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$379,000

For Sale - Active
2097 Castleberry Rdg, New Braunfels, TX 78130
4 Beds
3 Baths
2,382 Square Feet
0.00 Acres Lot
Built in 2013
For Sale - Active
Units n/a
Checked: 5 hours ago
Updated: Jun 13, 2025 at 03:06AM

Investment Summary


Monthly Cash Flow
-$783
Cap Rate
3.2%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.56
Internal Rate of Return (5 years)
-6.4%

Property Description


0.00 Acres Lot
Built in 2013
For Sale - Active
Units n/a

Welcome to your dream home! This beautifully updated 4-bedroom, 2.5-bath home features a spacious open layout with a large family room, an upstairs game room, and a private primary suite downstairs with a custom closet organizer. The kitchen includes granite countertops and modern appliances making it perfect for entertaining. Recent upgrades include fresh interior paint 2025, flooring in the master bedroom 2025, ceiling fans 2025, a new door with a doggy door 2024, epoxy garage flooring 2024, gutters 2024, an outdoor shed with warranties 2024, graded Bermuda grass, updated cabinet handles, bathroom fixtures, and newer washer, dryer, and fridge 2023. Additional features include a water softener, Vivint smart security system, and outdoor security system. Conveniently located near Fischer Park, shopping, dining, and major highways - plus NO HOA! All appliances stay - move in with ease! Schedule your showing today and make this beautiful home yours!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Garage Door Opener
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Rock, Stone
  • Foundation: Slab
  • Roof Type: Hip
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1G0466400203900000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Two Story
  • Year Built: 2013

Tax Information

  • Annual Tax: $6,086

Utilities

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Whole House Fan

Location

  • County: Guadalupe

Listing Details


Listed by:
Elisa Nabers
Levi Rodgers Real Estate Group
(210) 331-7000

Source:
San Antonio Board of REALTORS
MLS#: 1861686
San Antonio Board of REALTORS

Investment Summary


Monthly Cash Flow
-$783
Cap Rate
3.2%
Cash-on-Cash Return
-10.8%
Debt Coverage Ratio
0.56
Internal Rate of Return (5 years)
-6.4%

Purchase Details

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Purchase price:
$379,000
Amount financed:
-$303,200
Down payment:
$75,800
Closing costs:
$11,370
Rehab costs:
$0
Initial cash invested:
$87,170
Square feet:
2,382
Cost per square foot:
$159
Monthly rent per square foot:
$0.92

Financing Details

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Loan amount:
$303,200
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,794
Property tax:
$507
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,455

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (23%)
23%-$507-$6,086
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (48%)
48%-$1,057-$12,686

Cash Flow


Monthly Yearly
Net operating income:
$1,011 $12,132
Mortgage payments:
-$1,794 -$21,528
Cash flow:
$783 $9,396