What counts as “new” here
This page treats “new” as delivered in 2024 or later, or currently under construction or in predevelopment with a stated timeline. That excludes listings tagged “new” only because they were recently posted rather than recently built.
Where New Braunfels’ new supply is concentrated
Veramendi is the largest source. The 2,400-acre community has been under a development agreement with the city since 2013, and its single-family phase is roughly halfway through what the developer describes as a decade-long build-out. Two apartment communities have opened inside it: Legacy at Veramendi and The Abbey at Veramendi, the newer of the two, built in 2025 with 352 units across three stories.
North of downtown, the Gruene/IH-35 corridor carries the second concentration, anchored by properties like Alexan Gruene Crossing.
A third corridor sits ahead of actual apartment delivery: Mayfair, a 1,900-acre development along I-35 whose newest anchor is a 158,000-square-foot Costco that opened in May 2026 as a $37 million first commercial tenant. Mayfair’s own plans list apartments among its future home types, but none have opened there yet.
| Community / project | Area | Status | Units | Price entry point | Notes |
|---|---|---|---|---|---|
| The Abbey at Veramendi | Veramendi | Leasing now, built 2025 | 352 | $1,006/mo | 1–3BR |
| Legacy at Veramendi | Veramendi | Leasing now | Not disclosed | $970/mo | Studio–3BR |
| Alexan Gruene Crossing | Gruene/IH-35 | Leasing now | Not disclosed | $999/mo | 1–2BR |
| Lyndon Ranch | Loop 337 | Predevelopment | 303 | Pre-leasing, no rate yet | ~50% at/below 80% AMI |
| Park at Dogwood | McQueeney Rd | Predevelopment | Up to 85 | Pre-leasing, no rate yet | 30/50/60% AMI |
| Villa Serena reposition | Rosa Parks Dr | Predevelopment | 35 preserved + ~360 new | Pre-leasing, no rate yet | HUD RAD program |
The table splits cleanly into two groups: three delivered or leasing properties concentrated in Veramendi and Gruene, and three predevelopment projects concentrated around Loop 337 and McQueeney Road, all three of the latter carrying income restrictions.
What’s the newest apartment community in New Braunfels right now?The Abbey at Veramendi, delivered in 2025 with 352 units on Oak Run Parkway inside Veramendi.
Is New Braunfels a growing rental market?Yes. Population grew about 31.7% between 2019 and 2024, reaching roughly 116,477 residents, and renters make up 34.8% of occupied housing citywide.
Downtown’s new units aren’t apartments
The most-discussed downtown project, The Neue, is a 43-unit condominium building at 699 West San Antonio Street. It’s ownership housing, and its terms bar short-term rentals, so it sits outside the rental supply this page tracks.
What’s coming next: the development pipeline
Lyndon Ranch is the largest project in predevelopment: 303 units on 13 acres at 1801 Loop 337, developed by Paravel Capital in partnership with the New Braunfels Housing Authority, with roughly half the units reserved at or below 80% of area median income and a 5% one-bedroom set-aside for teachers. City filings tie the project to a $25,000 annual payment to New Braunfels ISD.
How many new apartment units are being built in New Braunfels right now?Three NBHA-linked projects in predevelopment total roughly 748 units: Lyndon Ranch (303), Park at Dogwood (up to 85), and the Villa Serena reposition (about 360 new units alongside 35 preserved).
Park at Dogwood, an up-to-85-unit project near Old McQueeney Road, carries a $22.7 million budget and is moving through a Low Income Housing Tax Credit amendment after its original 2024 award. Villa Serena, the housing authority’s aging public-housing site, is being repositioned under HUD’s RAD program to preserve 35 units and add about 360 more next to the New Braunfels Food Bank.
Are there new affordable or income-restricted apartments coming to New Braunfels?Yes. All three NBHA pipeline projects carry income-restricted units, ranging from 30% to 80% of area median income depending on the project.
New construction vs. existing stock: what actually changes
Entry rents at the two newest Veramendi communities start around $970 to $1,006 a month, a modest premium over the bottom of the citywide market. The bigger difference shows up in what you’re signing, not the sticker price: lease-up concessions at newly opened communities typically run 12 to 18 months before reverting to standard rent, a building’s amenities may not be finished when leasing starts, and a property open under two years has no track record on management responsiveness.
Are new apartments in New Braunfels more expensive than older ones?Entry rents at the newest deliveries run $970 to $1,006 a month, close to but somewhat above the low end of the citywide market; the real cost gap usually appears after the first lease term ends and introductory concessions expire.
Before you sign at a still-building community
- Phased delivery risk: multi-phase projects like Lyndon Ranch may open buildings before common areas or later phases finish.
- Construction noise and access: active job sites nearby can affect the first several months of residency.
- Amenity-completion dates: confirm in writing whether a pool, gym, or clubhouse shown in marketing is open, not planned.
How the citywide rent figures vary by source
| Source | What it measures | Citywide average | Vintage |
|---|---|---|---|
| Apartments.com | Its own listed apartment inventory | $1,190/mo | Recent-build page, current |
| RentCafe | Its own listed apartment inventory | $1,467/mo | City listing page, current |
| U.S. Census Bureau, ACS 5-year estimates | All renter-occupied housing, including houses | $1,528/mo | 2019–2023 |
None of the three figures describes the same population of housing.
Where to start, by priority
Price-constrained searches fit the Gruene/IH-35 corridor better than Veramendi. For the newest available unit today, The Abbey at Veramendi is it. For income-restricted eligibility, the Lyndon Ranch and Park at Dogwood pipeline is worth tracking through the 2026–2027 construction window named in city filings.
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