2057 Egret Ave

New Braunfels, TX 78132
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3 bd, 2 ba | 1,660 sqft | Built in 2021

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List Price
$360,000

Initial Investment

$98,100

Purchase Price

$360,000

Down Payment

25%

Rent

$2,600

Total Return

$157,095

Annualized Return

20.3%

Cap Rate

4.5%

Gross Yield

8.7%

Cash Flow

-$3,628

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,098

HOA

$55/mo

Flood Risk

Not Required

Located in the heart of New Braunfels, in the master planned community Veramendi, this charming home is turn-key ready for new homeowners. Great open floor plan, a short walk to the resort style pool with splash pad, grills and fire pits, parks with playgrounds, schools and restaurants makes this one of the most convenient locations within the neighborhood, and in New Braunfels! The house is well taken care of, like new, has gorgeous upgrades, a chef's kitchen, an extended covered patio and spacious backyard. Open House is scheduled on Sunday, December 8th 2-4pm.

See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683

Annual Financial Highlights

Expected Rent

$29,640

Expenses

-$5,047

Property Taxes

-$8,650

Loan Payments

-$19,571

Net Cash Flow

-$3,628

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:Hanna Hirabayashi
Reliance Residential Realty - New Braunfels
Certified Agent Brokerage:Kevin Guerin
Guerin Property Services
TX Brokerage License 9000203
SourceMLS #1826947
Last Updated: 12/04/2024 16:12
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.