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365 S Gilbert Ave #365, New Braunfels, TX, 78130

2beds
2baths
940sqft
$545,000
$580price/sqft
$3,756/moest. monthly cost
$150,240/yrincome needed

About This Home

Here is the perfect blend of comfort, location, and natural beauty in this freshly updated 2-bedroom, 2-bath condo on the Comal River in the heart of downtown New Braunfels. The home comes fully furnished and turnkey ready for primary, secondary or rental use. The HOA fees include cable and internet, security during high rental season, grounds maintenance and flood insurance. Units in this highly desired, gated complex do not come on the market often. Direct access to the river and within walking distance to all that downtown has to offer—restaurants, shopping, entertainment, and nightlife—this property delivers the best of both worlds: downtown living and riverside enjoyment. Check out the greenspace, river access, and river views. This property is truly special and highly sought after. This is a rare opportunity you won’t want to miss!

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
6/10
Oakrun Middle SchoolGrades 6-83.5 mi
7/10
New Braunfels High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1989

Type & Style

  • Home type: Condo

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Forced air,Electric
  • Cooling features: Central

Interior Area

  • Total interior livable area: 940 sqft

Property

Features

  • On waterfront: Yes

Parking

  • Parking features: Carport,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Hail
Lightning
Tornado
Winter Weather
Cold Wave
Heat Wave
Strong Wind

FEMA Declared Disasters Across Texas Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,755$33,060
Home Insurance *$291$3,492
Property Taxes $472$5,664
Electricity $238$2,859
Total$3,756$45,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$128,777/yr
40% on housing$112,680/yr
45% on housing$100,160/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$580This listing

vs Other Active Listings

Avg $/sqft

ZIP 78130$185
Comal County$222

vs Homes Sold Last Month

Median $/sqft

ZIP 78130$161
Comal County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-31Listed for sale$545,000
2025-11-02Listing removed$499,000
2025-09-04Price change$499,000
2025-08-01Listed for rent$2,400
2025-07-14Price change$529,999
2025-05-20Price change$545,000
2025-04-09Listed for sale$575,000
2022-12-03Listing removed--
2022-11-18Price change$2,250
2022-11-03Listed for rent$2,500

For Sale by Owner

AgentProperty Owner

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