371 W Lincoln St Unit C204 New Braunfels, TX 78130
Estimated payment $3,831/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $268,000 | Future Advance Clause Open End Mortgage |
Source: Central Texas MLS (CTXMLS)
MLS Number: 595176
APN: 2401630004200
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