New Braunfels Condo: Turn-Key
2127 Hofstaat New Braunfels, TX 78130
2127 Hofstaat, New Braunfels, TX, 78130
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For Sale
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Fully equipped condo in desirable New Braunfels location, ready for rental.
Property Size1,284 SF
Price / SF$225.78
Days on Market57
Property Features for 2127 Hofstaat
General Information
- Standard status
- Active
- Size
- 1,284 SF
- Property subtype
- Hospitality, Mixed Use
Building Details
- Year Built
- 2024
Listing Agency
Keller Williams Realty Heritage
Listed by
Mark Hampton · License #TX 464012
Source
Crexi
Added: May 21 Checked: Jul 16 at 9:57 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Heritage
Investment Insights
Based on property information with market context.
Located in the Creekside area of New Braunfels, this fully approved short-term rental property offers immediate income potential. The detached condo provides privacy with only one nearby neighbor and includes low-maintenance living with exterior care and lawn service. The layout features two bedrooms and two and a half bathrooms. The main level hosts the primary suite, complete with a private bath and walk-in shower. Upstairs, a versatile loft provides space for a second living area, workspace, or guest retreat. The kitchen showcases a modern design, and abundant windows bring in natural light. The property is being offered fully equipped with appliances, including the washer, dryer, refrigerator, stove, dishwasher, and microwave. Residents have access to community amenities such as a pickleball court. Located minutes from Gruene, local shopping, dining, and entertainment, with quick access to I-35 between San Antonio and Austin, this property combines convenience, flexibility, and rental appeal. The property is 1284 square feet. It can be used as a primary residence, an occasional getaway, or a dedicated investment property.
Key Highlights
- Fully approved short‑term rental in the desirable Creekside area of New Braunfels, offering immediate income potential.
- Seller offering up to $6,500 towards rate buy‑down or closing costs with acceptable offer and preferred lender.
- Turn‑key property includes all appliances: washer, dryer, refrigerator, stove, dishwasher, and microwave.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $24.00 |
| − Vacancy | −$3.7k | −$2.88 |
| EGI | $27.1k | $21.12 |
| − OpEx | −$10.2k | −$7.92 |
| NOI | $16.9k | $13.20 |
1,284 SF · lease $24.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$242.1K
$211.9K – $282.5K
NOI $16,949 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$163.4K
$143.0K – $190.7K
NOI $11,440 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$327.5K
$286.6K – $382.1K
NOI $22,927 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Fully equipped condo in desirable New Braunfels location, ready for rental.
Where is this short term rental property located?
The property is located at 2127 Hofstaat New Braunfels, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Fully approved short‑term rental in the desirable Creekside area of New Braunfels, offering immediate income potential.; Seller offering up to $6,500 towards rate buy‑down or closing costs with acceptable offer and preferred lender.; Turn‑key property includes all appliances: washer, dryer, refrigerator, stove, dishwasher, and microwave.
