Real estate in New Braunfels, Texas, offers many benefits to military veterans who want to own their own home or earn an income as a real estate investor. From low cost of living and no state income tax to low crime rate, you’ll find plenty of reasons why this city and the surrounding areas are ideal for people who have served in the United States Armed Forces. Below are seven things you should know about real estate veteran real estate New Braunfels if you’re a veteran looking to buy or rent property in this area of Texas.
1) The market is hot
The market is hot right now, so finding a home you can afford might be difficult. But if you’re a veteran looking for a place to move and want to get a foot in the door, here are 7 things to know about veteran real estate Canyon Lake.
1) Many military personnel have been stationed at Fort Sam Houston, which has led to many veterans living nearby. 2) There are veterans groups that offer support for those who are transitioning from military life back into civilian life. 3) Veterans can also use their VA benefits to purchase homes. 4) Your credit score is just as important as your debt-to-income ratio when trying to qualify for a mortgage loan, so keep it up!
2) You may be eligible for a VA loan
If you have served in the US military and are looking for a VA loan, there are a few things to keep in mind. First, veterans have at least 180 days from the date of discharge or release from active duty to apply for a VA loan. Second, veterans may be eligible for either a Veteran’s Administration (VA) Guaranteed Home Loan or Veterans Administration (VA) Direct Loan. The major difference between these loans is that the VA Guaranteed Home Loan offers up to 100% financing while the VA Direct Loan only offers up to 50% financing. Third, veterans should consider their eligibility and how they want to use their loan benefits before applying for one of these loans.
3) There are many neighborhoods to choose from
New Braunfels is surrounded by Canyon Lake on one side, and the Guadalupe River on the other. This also means that there are a number of neighborhoods to choose from, so consider which one best fits your needs. Here are some things veterans should know about real estate in New Braunfels:
-Veterans have special discounts for new home purchases and for refinances in Texas and the Hill Country.
-The average price of a home is $175,000 (though it can range anywhere from $90,000 to $300,000).
-New Braunfels has plenty of military friendly businesses – Home Depot offers Military Discount Days each year.
4) Schools are important
Schools are important to consider when choosing a place to live. The quality of schools and what they offer is a major deciding factor for many people. In New Braunfels, the average school score is 45%. There are 4 public schools, 3 private schools, and 1 charter school. The highest scoring school is New Braunfels Elementary School with a score of 88%.
5) Commuting can be a challenge
A commute can be difficult for veterans and their families, especially when it’s a long distance. In Canyon Lake, the closest cities to New Braunfels, there are many jobs that require a commute. The most common one is to San Antonio, which is about 60 miles away. Some people drive to work every day and others take the bus.
7) There are many things to do in New Braunfels
New Braunfels is an amazing town with lots of veteran friendly real estate available. There are so many things to do and see, you’ll never run out of activities. The city is home to the Schlitterbahn Waterpark, which has an amazing surf simulator as well as a large water playground for kids. If you’re feeling adventurous, book a rafting trip down the Comal River–you won’t regret it! And don’t forget about the Guadalupe River! It’s not too far from town and offers tons of gorgeous scenery for boating or fishing. And if that doesn’t sound like your speed, take a tour at one of the many breweries around town or head over to Greene Hall for some live music and dancing!
The cost of living is high in the Texas Hill Country. However, there are plenty of veteran-friendly employers and activities for veterans to enjoy here. If you’re considering a move to the area, here are seven things that you should know about veteran real estate Canyon Lake.