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$595,000

123 W Klingemann St, New Braunfels, TX, 78130

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,448 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$410.91 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,501 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN30-0370-0214-01
Lot Number15-17
SubdivisionLanda Park Estates
Land UseResidential
Legal DescriptionLANDA PARK ESTATES, BLOCK 20, LOT 15-16-17
Census Tract310200
Assessed Land Value$486,750
Assessed Improvement Value$130,100
Assessment Year2025

About this property

RARE OPPORTUNITY WITH PRIVATE SPRING ISLAND ACCESS! Here's your chance to create something special in the heart of New Braunfels! Situated on THREE LOTS, this 2-bedroom, 2-bath home offers a blank canvas for investors, renovators, or anyone ready to bring their vision to life. The interior has been gutted down to the studs, providing the perfect opportunity for a complete transformation and fresh start! Additional features include a 1-car carport, new fencing along the back of the property, utilities available on-site, and a recently completed survey encompassing all three lots. But the REAL SHOWSTOPPER is the coveted Private Residential Rights to Spring Island! This rare and highly sought-after privilege provides exclusive access to a gated, spring-fed waterfront retreat near the headwaters of the beautiful Comal River. Enjoy swimming, kayaking, picnicking, and relaxing in the park-like surroundings of this hidden New Braunfels gem, with access reserved exclusively for district property owners. Just minutes from Landa Park, downtown New Braunfels, shopping, dining, and entertainment, this property offers an incredible combination of location, potential, and exclusive recreational privileges. Bring your imagination, roll up your sleeves, and make the most of this unique opportunity to own a piece of New Braunfels with PRIVATE SPRING ISLAND ACCESS!

Investor Tools

$0Estimated Mortgage Balance
$626,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,756 /month
Positive
Cash Flow Estimate:
$1,252 /month

Interested in this property?

Pam Smartt

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,138/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,525
$616,850
2025
$486,750
$130,100
$616,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,525
$616,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$626,000
100%
0%
$0/mo

City: New Braunfels

123 W Klingemann St | Property Details | No Agent List