For Sale

Listed by Liam Caruana and Elizabeth Harris from Compass RE Texas, LLC

Source: Central Texas Multiple Listing Service #611206

1205/1206/630 Central Parkway, New Braunfels, TX, 78130

$1,050,000

6
6
1
3249 sq. ft.

Condo

30+ days on the market

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About this property

One-of-a-kind penthouse in New Braunfels, designed for investors seeking scale, strong cash flow potential, and a competitive edge in the short-term rental market. This expansive 6-bed, 6-bath residence offers a rare “unicorn” opportunity with a projected 10% cap rate, featuring four primary suites to maximize occupancy, premium nightly rates, and guest satisfaction. The open-concept kitchen, dining, and living area flows into a custom bar and two private balconies—ideal for elevated indoor-outdoor entertaining. Designed with both style and efficiency in mind, the home includes a dedicated laundry room with dual washer/dryer sets for streamlined turnovers. Located just steps from Dovetail’s amenities, this is a standout asset for investors seeking scale, performance, and exclusivity in the Hill Country market. Disclaimer: Projected cap rate is an estimate only and not guaranteed. Actual performance may vary based on market conditions, occupancy, expenses, and management.

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