Buy: $185,000

ARV: $265,000

Things To Know

The potential rent for rental income is estimated to be around $1,734 per month based on recent market data for similar properties. The average rental price of $1,564 in New Braunfels, has seen stable growth in the past year. With the property offering 4 bedrooms, 2 bathrooms, and ample space, it holds strong appeal for tenants, making it a solid opportunity for investors seeking steady rental income.

• Title in-hand 
• Land Apprasiel: $139,000
• Gated and fenced (non electric)
• Roof: Original (2016). Good condition. No noticeable damage. Photos available.
• HVAC: Has, unknown condition.
• Appliances:  Has; Dishwasher, Oven, Microwave (unknown conditions)
• Appliances: Needs; Refridgerator
• Refridgrerator max dimisnions: 25.5L x 36W inch
• Sink dimensions: 33L x 19W inch

Key Features

- 1,768 sq. ft. manufactured home built in 2016
- 4 bedrooms, 2 bathrooms offering plenty of space for families
- Large open floor plan with modern interiors
- Located in a quiet, established area of New Braunfels
- Situated on a spacious lot perfect for potential future developments
- Close to schools, shopping, and major highways

Property Details

- Price Estimate: Between $235,000 - $270,000 (per recent market estimates)
- Lot Size: Approximately 43,560 sq. ft. (1 acre)
- County: Guadalupe- Property Type: Mobile/Manufactured Home
- Investment potential: Located in an area with rising property values
- 2016 construction with modern utilities and low maintenance costs

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Pictures:  https://drive.google.com/drive/folders/1-

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COMPS

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Sold on 10/10/2021 $226,000

592 Altwein Ln, New Braunfels, TX 78130

Sold on 12/15/2023 $269,000

720 Altwein Ln, New Braunfels, TX 78130

Sold on 12/15/2021 $297,500

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DISCLAIMER:

• All offers are Cash or Private Lender Only.
• Deposits for all properties are non-refundable.
• Properties are sold AS-IS with NO inspection period; Please inspect first.
• Buyer pays all closing costs for buyer and sellers.
• Rehab Estimate, Projected Rent, and ARV are ESTIMATES based upon the analysis and opinion of Mentor Capital Austin, LLC, actual repair cost, rent, and/or ARV may vary. 
• Mentor Capital Austin, LLC is not a licensed contractor or appraiser.
• Taxes, Insurance, and Closing Cost are estimates. Actual cost may vary.
• Seller has an equitable interest in this property and is advertising the sale of this contract as it is assignable.