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$260,000
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Property Description
Charming 4 bedroom plus office with strong rental history in a quiet Lake Dunlap community! 137 Lullwood is an income-producing property listed $8,000 below a recent appraisal and includes an inspection report available upon request. Ideal for investors or buyers wanting instant equity. Home sits on a large, usable lot with room for add-ons or expansion. Membership in the Lake Dunlap HOA provides access to a beautiful, private waterfront park. Located minutes from Downtown New Braunfels, Gruene, Creekside, and IH-35. A solid rental performer with huge potential for renovation, value-add improvements, or long-term income. Don't miss this opportunity. Located in Guadalupe County with a New Braunfels address and outside the New Braunfels city limits (buyer to verify all tax and jurisdiction information)
Full Property Details
Full Property Details for 137 Lullwood Dr
General
- Price: $260,000
- HOA FEE: $125
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 598280
- Updated: 11/21/2025
- Added to Site: 60 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: All Bedrooms Down, Attic, Eat-in Kitchen, Home Office, Multiple Closets, Pull Down Attic Stairs, Storage, Tub Shower, Vanity, Breakfast Area
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Stone
- Appliances: Electric Cooktop, Water Heater
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Balcony, Fire Pit
- Porch/Patio/Deck: Balcony
Location
- County: Guadalupe
- Subdivision: Lakewood Shadows
- Driving Directions: I-35 North exit FM725 Seguin Ave 2.7, turn left on Zip road 1.7 , turn right onto Lullwood Dr. 137 on the left side 450 feet.
School Information
- Elem School District: New Braunfels ISD
- Midd School District: New Braunfels ISD
- High School District: New Braunfels ISD
Community
- Association: Yes
- Assoc. Name: Lakewood Shadows HOA
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit
Utilities
- Electric Available: Yes
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Roof: Shingle, Wood
- Stories/Levels: 1
- Square Feet: 1,400
- Sq. Ft. Source: Appraiser
- Living Area: 1,400 Sq. Ft.
- Year Built: 1981
- Year Built Source: Estimated
- Property Condition: Resale
Lot Features
- Property View: Lake
- Lot Size (Acres): 0.23
- Fencing (Description): Back Yard
Water Features
- Water View: Yes
- Water Front Name: Lake Dunlap
- Water Front Desc.: Dock Access, Water Access
- Water Front View: Dock Access, Water Access
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $125
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Appraisal, Disclosure(s), Seller's Property Disclosure, Survey
- Legal Description: Lot :6 BLK 4 Addn: Lakewood shadows #3
- Property ID: 291710
- Block: 4
- Lot Number: 6
Listed by Town Creek Texas Properties
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Schools
Schools serving 137 Lullwood Dr
School District:New Braunfels Independent School District
| Name | Grades | Distance |
|---|---|---|
Klein Road Elementary School 2620 Klein Way, New Braunfels, TX 78130 | K-5 | 2.8 mi |
New Braunfels Middle School 608 Settlers Crossing, New Braunfels, TX 78130 | 6-8 | 2.9 mi |
New Braunfels High School Ninth Grade Cent 4150 Klein Meadows, New Braunfels, TX 78130 | 9- | 3.9 mi |
New Braunfels High School 2551 Loop 337 N, New Braunfels, TX 78130 | 10-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 Lullwood Dr
Date
Details
Price
Change
Source
11/20/2025
Listed
$260,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 137 Lullwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$847
-74%
$233,971
-13%
2023
$3,264
344%
$267,446
12%
2022
$735
-73%
$239,144
40%
2021
$2,697
-18%
$170,954
-20%
2022
$3,290
42%
$213,716
48%
2020
$2,316
-17%
$143,947
-13%
2019
$2,783
—
$165,855
4%
2018
$2,777
11%
$158,908
9%
2017
$2,506
9%
$145,805
10%
2016
$2,293
6%
$132,967
6%
2015
$2,161
11%
$125,337
3%
2013
$1,947
—
$121,191
8%
2013
$1,947
—
$111,941
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137 Lullwood Dr
137 Lullwood Dr, New Braunfels, TX 78130 (MLS# 598280) is a Single Family property with 4 bedrooms and 2 full bathrooms. 137 Lullwood Dr is currently listed for $260,000 and was received on November 20, 2025. Want to learn more about 137 Lullwood Dr? Do you have questions about finding other Single Family real estate for sale in New Braunfels? You can browse all New Braunfels real estate or contact a Coldwell Banker agent to request more information.

