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Archived over 6 years ago

$99,999

2 bd ba 1440 sqft

123 New Braunfels, New Braunfels, TX 78130

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Fixer upper in New Braunfels (5 Minutes from DT) for $69/sq ft

OFF MARKET located off Spur Rd in New Braunfels, priced at $69/square foot this house is the cheapest available in a 3 mile radius of downtown New Braunfels. Of 261 active listings in the 3 mile radius of the city there are 4/261 listings available for under $150,000. Renovated comparable sells within the pocket (crossing no major streets or highways) are selling in the $198-$230/sq ft range. 

House needs a full overhaul in regards to repairs (foundation, roof, HVAC, electrical, and cosmetics). Please see photographs below. Main house is around 1100 sq ft and there was an enclosed addition off the living room that is around 350 sq ft. Tax records reflect around 1400 sq ft. Price: $99,999 (CASH or hard money only)(must be able to close quickly)Please call or text me at 210.316.6953 if interested. For further details and access to property I will require proof of funds. Please DO NOT comment below to ask if it is available or for more info. I do not get notified of comments. For more info CALL/TEXT me at 2103166953; no hour is too late.Strictly a CASH only deal; buyer pays all closing costs. Must be able to close quick (within 2 weeks).

Location:

123 New Braunfels, New Braunfels, TX 78130

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.