$575,000

371 W Lincoln St Unit C204 New Braunfels, TX 78130

Estimated payment $3,831/month

2 Beds
2.5 Baths
1,372 Sq Ft
$419 Price per Sq Ft

Highlights

  • In Ground Spa
  • Waterfront
  • Breakfast Area or Nook
  • River View
  • 4.07 Acre Lot
  • Cooling Available

About This Home

Welcome to Wasserhaus Retreat — a rarely available, revenue-producing STR in the coveted Camp Warnecke Estates on the Comal River. This is PRIME investor territory: walk to Schlitterbahn, steps to the river exit, and a short stroll to downtown — the exact triangulation of demand that keeps occupancy strong and ADRs high.
This unit is turn-key and income-ready from Day 1, fully furnished and operating successfully as a short-term rental in one of the most supply-constrained, high-performing micro-locations in New Braunfels. Properties in this corridor almost never hit the market because owners hold them for lifestyle-use plus cash flow — making this a true “buy the location, not just the condo” opportunity. Camp Warnecke is a boutique, gated riverside community with private amenities that directly translate into higher nightly rates: pool + hot tub, secured-private river access, private parking, and premium walkability that outperforms drive-to STRs. The balcony with river views, flexible sleeping layout, and guest-ready setup give this property plug-and-play earning power. Whether you’re looking to diversify into experiential short term rentals, add an A-tier asset to your portfolio, or secure a lifestyle property that doubles as a high-ROI hold, this is a location-moated investment with immediate revenue + long-term appreciation upside.

Listing Agent

Meagan Agnew

Tarrah Stewart, Broker Brokerage Phone: (830) 660-8131 License #0825904 Listed on: 10/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,794

Year Built

  • Built in 1984

Parking

  • 1 Attached Carport Space

Home Design

  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 1,372 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • River Views
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • In Ground Spa
  • Waterfront
  • City Lot

Listing and Financial Details

  • Legal Lot and Block C-204 / C
  • Assessor Parcel Number 7005
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • Camp Warnecke Estates Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,794

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Carport Y N: Yes
  • Directions: from seguin ave take a right on garden st. Camp Warnacke is 1/2mi to your left. From Common St, take a left at union and a right at Lincoln St, Camp Warnacke is on your left.
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Lot Size Acres: 4.067
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Camp Warnecke Estates
  • Water Body Name: Comal River,River
  • Year Built: 1984
  • Attribution Contact: (830) 660-8131
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), None, Breakfast Area
  • Living Area: 1372.0
  • Spa Features: Community, In Ground
  • Private Spa: Yes

Exterior Features

  • Construction Type: Stone Veneer, Wood Siding
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Slab
  • Lot Features: City Lot, None
  • Pool Features: Community, In Ground
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: River
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Main Level
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 650.0
  • Association: Yes
  • Community Features: None, Community Pool

Schools

  • Junior High Dist: New Braunfels ISD

Lot Info

  • Parcel #: 7005

Tax Info

  • Tax Annual Amount: 9794.0
  • Tax Block: C
  • Tax Lot: C-204
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,281 $572,470 $43,540 $528,930
2024 $9,281 $542,490 $36,770 $505,720
2023 $9,281 $526,700 $36,770 $489,930
2022 $8,407 $443,850 $36,770 $407,080
2021 $7,124 $345,000 $30,178 $314,822
2020 $8,047 $372,210 $35,040 $337,170
2019 $7,788 $352,090 $26,150 $325,940
2018 $7,248 $331,670 $26,150 $305,520
2017 $7,001 $321,100 $21,480 $299,620
2016 $6,761 $310,120 $21,480 $288,640
2015 $5,600 $285,400 $21,480 $263,920
2014 $5,600 $256,870 $21,480 $235,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2025 10/24/25 For Sale $575,000 +64.3% $419 / Sq Ft
08/11/2020 08/11/20 Sold -- -- -- View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $350,000 -- $255 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed -- Alamo Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Central Texas MLS (CTXMLS)

MLS Number: 595176

Central Texas MLS (CTXMLS)

APN: 2401630004200