649 San Augustine Blvd

New Braunfels, TX 78132
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3 bd, 3 ba | 2,243 sqft | Built in 2003

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List Price
$259,997

Initial Investment

$70,849

Purchase Price

$259,997

Down Payment

25%

Rent

$1,940

Total Return

$116,688

Annualized Return

20.9%

Cap Rate

5.0%

Gross Yield

9.0%

Cash Flow

-$1,995

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,154

HOA

$17/mo

Flood Risk

Not Required

Welcome to this 3-bedroom, 2.5-bath home in Meadows of Morningside! The main level has a sought after open floor plan that includes a formal dining room, spacious living room with a cozy fireplace connected to the chef's kitchen with a breakfast area. Upstairs, you'll discover a flex space ready for the homeowner's personal touch, along with all three bedrooms. The primary suite features an expansive en suite bathroom and a large walk-in closet for all your storage needs. The fully fenced in backyard includes a large patio and plenty of green space made for outdoor living. With easy access to highways, shopping, and dining, this home offers both comfort and convenience. Schedule your showing today!

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$22,116

Expenses

-$4,137

Property Taxes

-$5,840

Loan Payments

-$14,135

Net Cash Flow

-$1,995

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Lynette Thomas
Entera Realty LLC
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1858840
Last Updated: 04/16/2025 15:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.