Real Estate Investing in New Braunfels, Texas (78132)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Comal County • Population: 40,383 • Data updated: September 2026

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Should you buy in 78132 (New Braunfels, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High price-to-rent: Price-to-rent ratio 30.2 — hard to cash-flow at these prices.

What’s happening in New Braunfels, TX (78132)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $566,130
Avg Monthly Rent $1,560
1% Rule ✗ Does Not Meet
Median Income $119,561
% Renters 15.3%

Market Analysis: 78132 New Braunfels

The 78132 ZIP covers a section of New Braunfels that demands careful diligence. Prices near $566K look accessible, but the work to make a deal cash flow is real.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $566K asset, 78132 is the wrong submarket. If the plan prices in friction, the yield can still work.

Nearby ZIPs in New Braunfels have seen price recovery that 78132 has not matched. Comal County data supports the view that the spread is structural rather than temporary.

The 78132 ZIP's population of 40,383 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.

Distressed ZIPs reward experience. resilient returns are possible in 78132, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in New Braunfels:

C+ Average
Buy Confidence Score: 62/100
Affordability
10/25
Appreciation
14/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.7× the median income
Value Trend
Declining (-0.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,560/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
San Antonio-New Braunfels, TX Metro Area
More inventory, negotiating room for buyers
88 days
Average time to sell
Slow
9.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from San Antonio-New Braunfels, TX metro data
🏠

Property Strategy for 78132

Which property type performs best in this market?

Best for Cash Flow
3BR
3.3% cap rate
Best for Appreciation
5BR
+6.9% 5yr CAGR
Best Overall Value
5BR
$141,428/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $375,389 $1,660 3.2% +6.2% $187,694
3BR $463,861 $2,130 3.3% +6.3% $154,620
4BR $593,822 $2,480 3.0% +6.4% $148,455
5BR $707,139 +6.9% $141,428

Market Trends

Home Value History (with trend line)

$645K$565K$485K$406K$326K$246KJan 2009Oct 2017Jul 2026

Rent History (with trend line)

$1,673$1,630$1,587$1,544$1,500$1,457Mar 2022May 2024Jul 2026

📊 How Does 78132 Compare?

Metric 78132 New Braunfels San Antonio-New Braunfels, TX Texas
Home Value $566,130 $437,057 N/A $297,000
5-Year CAGR 2.4% 1.5% N/A 5.4%
Avg Rent $1,560 $1,569 N/A -
Cap Rate 2.2% 3.1% - -
💡 Why Invest in 78132? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78132 (New Braunfels, TX). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.2%
Low
5yr Growth
+2.4%
Slow

📊 Market Snapshot

Home Value $566,130
Monthly Rent $1,560
Price-to-Rent 30.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.3%
Cap Rate 2.2%
5-Year IRR 4.6%

📈 Home Appreciation

1-Year -0.7% ▼
3-Year CAGR -1.9% ▼
5-Year CAGR +2.4% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year -1.2% ▼
3-Year CAGR -0.8% ▼
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
6.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 78132

Population: 40,383

💰 Median Household Income
$119,561
This area
$119,561
State
$70,593
USA
$74,580
🏠 Renter Occupied
15.3%
This area
15.3%
State
29.5%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-25.4%
USA
3.7%
🎓 College Educated
50.3%
This area
50.3%
State
-5.8%
USA
33.7%
👤 Median Age
43.3 years
This area
43.3 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
6.2%
This area
6.2%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 81.3%
Other/Mixed 14.5%
Hispanic/Latino 11.5%
Black/African American 2.9%
Asian 1.3%
👶 Under 18
24.5%
This area
24.5%
USA
22.0%
👴 65 and Over
18.8%
This area
18.8%
USA
17.3%
📊 Poverty Rate
1.8%
This area
1.8%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 78132

B Avg School Grade
6 Schools
16.4:1 Avg Class Size
$12,840 Avg Per Pupil

Schools in This ZIP Code

B Good

HOFFMANN LANE EL

📚 Pre-K – 05 Elementary
👥
717 Students
👨‍🏫
15.9:1 Class Size
💰
$13,262 Per Student
B Good

MORNINGSIDE EL

📚 Pre-K – 05 Elementary
👥
646 Students
👨‍🏫
15.7:1 Class Size
💰
$13,262 Per Student
B Good

DANVILLE MIDDLE

📚 06 – 08 Middle
👥
920 Students
👨‍🏫
16.7:1 Class Size
💰
$13,262 Per Student
B Good

MT VALLEY MIDDLE

📚 06 – 08 Middle
👥
834 Students
👨‍🏫
15.8:1 Class Size
💰
$13,262 Per Student
B Good

OAKRUN MIDDLE

📚 06 – 08 Middle
👥
960 Students
👨‍🏫
16.2:1 Class Size
💰
$11,996 Per Student
C+ Average

VERAMENDI EL

📚 Pre-K – 05 Elementary
👥
943 Students
👨‍🏫
18.0:1 Class Size
💰
$11,996 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

1 Nearby
C+
William Edge Institute
40 students · 7.0 mi

Frequently Asked Questions

What monthly rent should investors expect in New Braunfels, TX?

Average rent in New Braunfels, TX is approximately $1,560/mo per month. Against $566K home values that yields a reasonable rent-to-price ratio.

Are homes affordable in New Braunfels, TX?

New Braunfels, TX median home values land near $566K. That is reasonable territory for investors looking at $1,560/mo-per-month rentals.

Are there empty rentals in New Braunfels, TX?

New Braunfels, TX sees elevated vacancy, which is reasonable relative to the broader TX rental market.

Is rental property easy to operate in New Braunfels, TX?

The landlord environment in New Braunfels, TX is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

What type of investing works in New Braunfels, TX?

Investors usually favor careful cash-flow rentals with hands-on management in New Braunfels, TX. With home values at $566K and rents near $1,560/mo, other strategies can work but produce consistent rather than outsized returns.

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How 78132 ranks in San Antonio-New Braunfels, TX

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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