ActiveResidential · sale

247 Satterfield

New Braunfels, TX 78130

$1,049,900

  • 4 beds
  • 4 baths
  • 2,287 sq ft
  • 0.18 acres
  • Built 1969

Listed by Keller Williams Heritage · MLS #ACT1904288

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Custom woodwork and rustic architectural detailing throughout, wood doors, and a striking living room with metal spiral staircase, exposed brick columns, and stained concrete floors with wood inlay.

Details worth a look

Waterfront storage building with concrete deck above, mature cypress shading the dock, and neighborhood boat ramp access.

Year built

Built in 1969.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Short-term rental on 50' of prime frontage along one of the widest sections of Lake Dunlap. Waterfront fully upgraded in 2023: new C-Loc bulkhead, 8'x22' concrete dock, metal stairs to the water, and dock support pipes sized for a future boathouse. Waterfront storage building with concrete deck above, mature cypress shading the dock, and neighborhood boat ramp access. Covered lakefront deck with vaulted wood-plank ceiling, exposed timber framing, and ceiling fans opens to a landscaped, fully fenced backyard. 2023 irrigation system. Custom woodwork and rustic architectural detailing throughout, wood doors, and a striking living room with metal spiral staircase, exposed brick columns, and stained concrete floors with wood inlay. Entry features a soaring ceiling and antler-style chandelier. Dining area overlooks the lake beneath a vaulted wood-plank ceiling. Kitchen offers custom wood cabinetry, concrete countertops, oversized concrete island, electric cooktop, and glass-block backsplash. Primary suite has direct deck access, vaulted ceiling, walk-in closet, and an ensuite with soaking tub, walk-in shower, and natural stone tile. Secondary owner's suite includes its own ensuite bath. Upstairs bedroom/loft offers a private balcony, circular picture window with lake views, and half bath. A rare combination of architectural character, private waterfront, and proven rental income.

THE NEIGHBORHOOD

Explore the location.

247 Satterfield, New Braunfels, TX 78130

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1969
Full baths
3
Half baths
1
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
Heating
Central, Electric, Zoned
Appliances
Built-In Electric Oven, Cooktop, Dishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Electric Water Heater
Flooring
Concrete, No Carpet, Tile, Vinyl
Fencing
Wrought Iron
Accessibility
None
Pool features
None
Subdivision
N/A
Parcel
1G0250000000800000
Elementary school
Klein Road
Middle school
New Braunfels
High school
New Braunfels
Annual property tax
$15,427.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,374.58
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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247 Satterfield, New Braunfels, TX 78130 · MLS #ACT1904288

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Listing information

MLS #ACT1904288 · Austin Board of Realtors

Listing brokerage: Keller Williams Heritage
Listing agent: Frank Baker

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.