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    406 T Bar M Dr, New Braunfels, TX 78132

    2beds
    1,034sqft
    Condominium
    Built in 1974
    -- sqft lot
    $219,900 Zestimate®
    $--/sqft
    $1,621 Estimated rent

    Home value

    $219,900

    $209,000 - $231,000

    $1,621/mo

    Zestimate® history
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    Rent Zestimate®

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    $416/mo

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    $416/mo

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    What's special

    Cozy stone fireplaceExpansive private deckKing bed
    Don’t miss this fully-furnished, performing short-term vacation rental nestled in the desirable T Bar M resort community. This charming 2-bedroom, 2-bath condo comfortably sleeps up to 8 guests and is ready to go—just bring your suitcase! The true highlight of this home is the expansive private deck, perfect for morning coffee or sunset cocktails, offering peaceful views of the lush greenbelt and a sense of seclusion and serenity rarely found in condo living. Inside, enjoy a warm and inviting interior featuring a cozy stone fireplace, a king bed, two full beds, and sleeper sofa. Outside your door, take advantage of resort-style amenities including tennis courts, a swimming pool, walking trails, and communal grills. Ideally located just minutes from downtown New Braunfels, historic Gruene, and Schlitterbahn, this property is the ultimate hill country retreat—whether you're looking for a turn-key Airbnb/VRBO investment or a primary residence at an unbeatable price.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Walker (940)453-8383,

    The Walkers Realty Team

    Bought with:

    Unrepresented Buyer Team, TREC #null

    Non Member Office

    , TREC #null

    Source: Central Texas MLS,MLS#: 589586MLS LogoOriginating MLS: Four Rivers Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • 1 Unit
    Appliances
    • Included: Electric Range, Water Heater, Washer, Some Electric Appliances, Microwave
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s), Open Floorplan, Other, See Remarks, Tub Shower, Kitchen/Family Room Combo
    • Flooring: Carpet, Tile, Wood
    • Attic: None
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total interior livable area: 1,034 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Deck
    • Pool features: Community, None
    • Fencing: None
    • Has view: Yes
    • View description: None
    • Body of water: None
    Lot
    • Size: 10.43 Acres
    Details
    • Parcel number: 61250

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Hill Country
    • Property subtype: Condominium
    Materials
    • Frame, Stone Veneer, Wood Siding
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • Resale
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Tennis Court(s), Community Pool
    • Subdivision: T Bar M Tennis Ranch 4
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Internet, Maintenance Grounds
    • HOA fee: $416 monthly
    Location
    • Region: New Braunfels

    Financial & listing details

    • Tax assessed value: $236,930
    • Annual tax amount: $4,150
    • Date on market: 8/14/2025
    • Cumulative days on market: 308 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/24/2026Sold--
    Source: Central Texas MLS #589586 Report a problem
    7/3/2026Pending sale$233,000$225/sqft
    Source: Central Texas MLS #589586 Report a problem
    7/2/2026Contingent$233,000$225/sqft
    Source: Central Texas MLS #589586 Report a problem
    6/26/2026Pending sale$233,000$225/sqft
    Source: Central Texas MLS #589586 Report a problem
    4/16/2026Price change$233,000-4.1%$225/sqft
    Source: Central Texas MLS #589586 Report a problem
    9/29/2025Price change$243,000-6.2%$235/sqft
    Source: Central Texas MLS #589586 Report a problem
    8/14/2025Listed for sale$259,000+8%$250/sqft
    Source: Central Texas MLS #589586 Report a problem
    9/28/2022Sold--
    Source: Central Texas MLS #485866 Report a problem
    9/17/2022Pending sale$239,900$232/sqft
    Source: Central Texas MLS #485866 Report a problem
    9/15/2022Listed for sale$239,900$232/sqft
    Source: Central Texas MLS #485866 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,150 +16.3%$236,930 +13.6%
    2024$3,567 -0.3%$208,490 +0.6%
    2023$3,577 +20.6%$207,160 +32.3%
    2022$2,967 +1.2%$156,630 +8.3%
    2021$2,931 +19.5%$144,620 +21.8%
    2020$2,453 -1.5%$118,770 +3.1%
    2019$2,491 +4.6%$115,220 +7%
    2018$2,381 $107,660 +3.6%
    2017-- $103,940 +4.9%
    2016$2,161 +0.1%$99,130 -6.8%
    2015$2,158 $106,410 +7.5%
    2014$2,158 $99,000 +28.8%
    2011-- $76,880 -7.4%
    2010-- $83,010
    2009-- $83,010
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 78132

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Veramendi Elementary School
    • Middle: Oak Run Middle School
    • High: New Braunfels High School
    • District: New Braunfels ISD

    Source: Central Texas MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $219,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $219,900