630 Central Parkway
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.
Property details
Location
About the Area
630 Central Parkway is located in New Braunfels, Texas, in Comal County. Comal County is one of the fastest-growing counties in the United States, anchored by New Braunfels, a city founded by German Prince Carl of Solms-Braunfels in 1845 whose heritage lives on in Wurstfest, historic Gruene, and the Comal and Guadalupe Rivers that draw millions of tubers and kayakers each summer.
The Comal River, the shortest river in Texas at just 2.5 miles, flows entirely within New Braunfels before joining the Guadalupe River. The Guadalupe River canyon through Canyon Lake creates dramatic limestone bluffs and one of the most scenic waterways in Central Texas. Canyon Lake reservoir sits in the northern part of the county.
New Braunfels had an estimated population of 98,700 as of 2023. The 78130 zip code has a median household income of $84,426, a median home value of $296,300, and a median age of 35.9. The average household size is 2.55 people.
San Antonio and Austin metro growth has made Comal County a premier destination for suburban buyers seeking Hill Country character with urban access. Tourism centered on the rivers, Schlitterbahn waterpark, and historic Gruene Hall, the oldest continually operating dance hall in Texas, generates significant hospitality revenue alongside a booming residential real estate market.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 LERA MLS. All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Liam Caruana, Compass RE Texas, LLC..