About This Home

Single-story, open floor plan located in the desirable Mockingbird Heights community located close to shopping, dining, and entertainment. Spacious 3 Bed | 2.5 Bath + formal dining room, dedicated office with french doors, and full-size laundry room. Move-in ready at an exceptional value!

At $122/sqft, this home is 55% 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

1942 Spotted Owl None, New Braunfels, TX 78130

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Property Details

Price $279,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,287 sqft

Lot Size 0.17 acres (7,187.4 sqft)

Year Built 2010

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Mockingbird Heights 4

County Comal

Zip Code 78130

$/sqft $122/sqft

Days on Market ,

HOA $113.44/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246417852

List Date September 10, 2026

Elementary School Walnut Springs (New Braunfels ISD)

Middle School New Braunfels

High School New Braunfels

School District ,

Have Questions About This Property?

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

1820 Strawcove None
Voss Farms #3 $275,000 $177 3 bd / 2 ba 1,552 sqft , 2026-05-21

1237 Oleander Dr
Green Meadows 11 $338,000 $218 3 bd / 2 ba 1,547 sqft , 2026-07-15

2051 Rowan Way
MOCKINGBIRD HEIGHTS $348,500 $177 3 bd / 2 ba 1,971 sqft , 2026-04-23

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

$1,344/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

$55,980

20% conventional investment loan

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

Estimated Gross Rent+$1,344

Principal + Interest−$1,528

Property Tax (~2.1% TX avg)−$490

Insurance (~0.5%)−$117

Est. Monthly Cash Flow $-791

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

About the Author

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 September 14, 2026.

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

1942 Spotted Owl None

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near New Braunfels, TX

More Luxury Homes in New Braunfels

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