Active Listing  ·  256 days on market

1940 Colonial Ave

New Braunfels, TX 78130
$450,000
4 Bed 3 Bath 2,599 sqft $173/sqft Built 2022 0.15 acres 2-Car Garage Pool August Fields

This beautifully designed Chesmar home is perfectly situated just minutes from Creekside and the vibrant shopping and dining destinations of New Braunfels. Offering a modern open-concept layout, this home is filled with natural light and showcases soaring ceilings that create a bright, welcoming atmosphere from the moment you step inside. The main living area features an electric fireplace that adds warmth and charm, seamlessly flowing into a spacious kitchen built for both everyday living and entertaining. The kitchen is highlighted by a large center island, breakfast bar, elegant quartz countertops, and a walk-in pantry, along with a dedicated dining area that's perfect for family meals and gatherings. The private downstairs primary suite is a true retreat, complete with its own fireplace and a bathroom featuring a spacious tiled walk-in shower. The laundry room connects directly to the primary closet, adding exceptional convenience and functionality. An additional bedroom on the main level is ideal for guests or a nursery. A private home office on the main level provides the ideal space for remote work, studying, or managing daily tasks. Upstairs, you'll find a versatile loft space that can be used as a second living area, game room, or study, along with two generously sized bedrooms and a full bathroom with separate sinks. Step outside to enjoy a fully fenced backyard with a wooden privacy fence, covered back porch, and lush green grass-perfect for relaxing, entertaining, or letting pets play. Residents enjoy access to community amenities including a playground, sports court, and jogging trails, making it easy to stay active and enjoy the outdoors. With quick access to Creekside, shopping, restaurants, and entertainment, this home offers the perfect blend of comfort, style, and convenience in one of New Braunfels' most desirable locations.

At $173/sqft, this home is 36% below the New Braunfels active market average of $270/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1940 Colonial Ave, New Braunfels, TX 78130

Property Details

Price $450,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,599 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision August Fields
County Comal
Zip Code 78130
$/sqft $173/sqft
Days on Market ,
HOA $106/Quarterly
Annual Tax Est. $8,204.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216856497
List Date January 19, 2026
Elementary School Freiheit
Middle School Canyon Middle
High School Canyon
School District ,

Luke Allen (TREC #788149) has deep knowledge of New Braunfels and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in New Braunfels

Comparable Listings Right Now

Homes currently for sale in New Braunfels with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1912 Cool Breeze None
WEST VILLAGE AT CREEK SIDE
$425,000 $124 5 bd / 4 ba 3,420 sqft , 2026-07-10
1237 Ella Crossing Xing
Meyers Landing
$395,000 $154 4 bd / 3 ba 2,563 sqft , 2026-09-24
1924 Split Rock Rd
August Fields
$340,000 $155 4 bd / 3 ba 2,191 sqft , 2026-09-03
397 Copper Path Dr
WENDOVER FARMS
$309,900 $143 3 bd / 3 ba 2,172 sqft , 2026-09-29

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,160/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$90,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near New Braunfels, TX

New Braunfels sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 1, 2026.

📞 (254) 718-2567 [email protected] More about Luke →