509 S Union Ave, New Braunfels TX 78130

New Braunfels, TX 78130 | Summer Home

Ed's Opinion of Value

$256,650 Ed's Estimate: $337,454 $496,072
Lowest Comp Recommended List: $335,000 to $340,000 Highest Comp
After reviewing 7 recent transactions in 78130, I estimate this property's value at $337,454. A competitive list price for this home right now would fall in the $335,000 to $340,000 range. This home's position in the current 78130 market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (907 sqft compared to the average comp) is a meaningful differentiator in this price range. At 58 years older than typical comps, the 1920 build date influences the valuation. Right now, 2 similar properties are competing for buyers in 78130, listed between $285,000 and $299,500. Prices in 78130 have risen 5.6% over the last 6 months. A similar home at 730 E Mather ST # H302, New Braunfels TX 78130 carries an adjusted comparable value of $260,182, providing a strong data point. With 7 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
687 Sq Ft
0.178 Acres
1920 Built

About This Property

This cozy 1920's Cottage offers a 2 bedroom, 2 bathroom inviting open floorplan on an oversized corner lot covered with beautiful mature trees. Original hard woods and large kitchen with island. LOCATION! LOCATION!...Across the street from Schlitterbahn and within walking distance of the Comal and Guadalupe Rivers, downtown, restaurants and more. Investment opportunity for $1,200.00 monthly and a potential for short term rentals,but requires a special permit from the city.Restrictions: Yes

Features

  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District New Braunfels ISD
Elementary Lamar
Middle School Oakrun
High School New Braunfels

Property Details

Property Type Residential
Flooring Laminate, Wood
Cooling Wall/Window Unit(s)
Heating None
Exterior None
County Comal
MLS # 1172961

Tax Information

Annual Taxes $2,835 (2019)

Listing History

MLS# 1172961 109 days
Dec 27, 2019 Off Market
Dec 20, 2019 Pending
Oct 31, 2019 Price Change $279,900
Sep 2, 2019 Listed $299,900

Frequently Asked Questions About 509 S Union Ave, New Braunfels TX 78130

When was 509 S Union Ave, New Braunfels TX 78130 built?

509 S Union Ave, New Braunfels TX 78130 was built in 1920.

How much does 509 S Union Ave, New Braunfels TX 78130 cost?

509 S Union Ave, New Braunfels TX 78130 sold on December 27, 2019. Contact us for sale price details.

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