NOT LISTED FOR SALE

401 W Lincoln St Unit A202 New Braunfels, TX 78130

Estimated Value: $461,000

2 Beds
2 Baths
971 Sq Ft
$250/mo HOA Fee

Last Sold November 25, 2013

Current estimated payment $3,358/month

29 Days on Market

Highlights

  • Spa
  • Waterfront
  • Deck
  • River View
  • 1.57 Acre Lot
  • Secluded Lot

About This Home

As of November 2013

Great price for River View condo located at the Inverness! 2/2 condo with open floor plan and patio with view of the Comal River and massive Pecan trees. 2 hot tubs, pool on the Comal River, picnic areas and great rental property.

Last Agent to Sell the Property

Dean TEAM

Hill Country Land And Homes Re License #deanT Listed on: 09/26/2013

Last Buyer's Agent

Dean TEAM

Hill Country Land And Homes Re License #deanT Listed on: 09/26/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,741

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Wrought Iron Fence
  • Paved or Partially Paved Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 971 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Inside Utility
  • River Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Deck
  • Porch

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block A-202 / A-1
  • Assessor Parcel Number 7034

Community Details

Overview

  • Inverness Association
  • Inverness At New Braunfels Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,741

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Carport Y N: Yes
  • Directions: Common to Garden to Lincoln
  • Unit Levels: Three Or More
  • Lot Size Acres: 1.57
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Inverness at New Braunfels
  • Water Body Name: Comal River,Water Access,Water View
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Refrigerator, Trash Compactor, Some Electric Appliances, Built-In Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms, Breakfast Bar, Pantry
  • Living Area: 971.0
  • Private Spa: Yes
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Deck, Outdoor Grill, Porch, Patio
  • Fencing: Wrought Iron
  • Foundation Details: Slab
  • Lot Features: City Lot, Level, Secluded
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch
  • Pool Features: Community, In Ground
  • Roof: Composition, Shingle
  • View: River, Water
  • View: Yes
  • Waterfront Features: Water Access
  • Waterfront: Yes

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Closet, In Kitchen, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Inverness
  • Association: Yes
  • Community Features: Park, Community Pool

Schools

  • Junior High Dist: New Braunfels ISD

Lot Info

  • Parcel #: 7034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: A-1
  • Tax Lot: A-202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 26, 2013
Sold by
Lenard James R and Powell Ronald E
Bought by
Elliot Mike
Seller's Agent
Dean TEAM
Hill Country Land And Homes Re
Buyer's Agent
Dean TEAM
Hill Country Land And Homes Re
List Price
$195,250
Current Estimated Value
$461,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Jun 11, 2007
Sold by
Glasheen Robert and Glasheen Michelle I
Bought by
Lenard James R and Lenard Rebecca K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,775
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2005
Sold by
Taylor Sara Jo
Bought by
Glasheen Robert and Glasheen Michelle I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elliot Mike -- Title 365
Lenard James R -- Ltsa
Glasheen Robert -- Atc New Braunfels
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lenard James R $187,775
Previous Owner Glasheen Robert $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold -- -- --
10/26/2013 10/26/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $195,250 -- $201 / Sq Ft
Source: Central Texas MLS (CTXMLS)

Tax History Compared to Growth

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
2023 $6,741 $373,070 $25,960 $347,110
2022 $5,326 $281,210 $25,960 $255,250
2021 $5,102 $247,060 $16,230 $230,830
2020 $5,034 $232,840 $16,230 $216,610
2019 $5,025 $227,160 $12,110 $215,050
2018 $4,961 $227,010 $12,110 $214,900
2017 $4,782 $219,320 $12,110 $207,210
2016 $4,005 $183,700 $12,110 $171,590
2015 $4,063 $191,490 $12,110 $179,380
2014 $4,063 $186,350 $12,110 $174,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 197976

Central Texas MLS (CTXMLS)

APN: 13-0127-0010-00