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The Conveniences of Mayfair’s Location Between San and Antonio and Austin

Build-to-rent communities are becoming more popular in Texas, offering an alternative option to homeownership. For many families and individual professionals, homeownership is less attainable, but the limited space and close quarters of most rentals are unappealing.

Build-to-rent offers a transition between these options, providing long-term rental of homes built for that purpose. Residents can live in newly built homes in prime locations, benefiting from a larger community space and amenities without having to manage the costs and responsibilities of homeownership. These communities are growing even more common in and around cities in Texas, including New Braunfels.

The Basics of Build-to-Rent

Build-to-rent are homes made for renting, usually single-family detached homes. They are built to be rented out, rather than built to be sold to a homeowner or converted to be rentals, and neighborhoods are usually built and managed by one company or other owner.

This type of housing provides families with the benefits of a separate home without a mortgage, while offering benefits of rentals like on-site management and amenities. You may be starting a family, be looking for additional space for your growing family, or just need the additional space of a detached home.

Why Build-to-Rent Is Popular in Texas

In 2024, 36.1% of homes in New Braunfels were occupied by renters. Built-to-rent properties have become more popular in Texas for both investors and renters for several reasons:

Population

Southern states like Texas and major cities in those states have seen major population increases. In New Braunfels, the population of 57,740 reported in the 2010 census increased to 90,403 people in 2020. The larger population requires more housing and more varied options for housing.

Housing Costs

The affordability of homes in the current market can make it hard for many to buy a home. New families, individuals, and many other people looking for homes in Texas cities can get the benefits of a home without the severe financial cost of one. Build-to-rent homes provide an in-between type of housing with more predictable costs each month.

Space

Texas has more undeveloped land available for build-to-rent properties. These projects generally thrive by establishing an entire neighborhood, which needs more space than the average apartment complex. The open land available in less-developed cities and the suburbs of cities provides that space.

What Are the Benefits for Residents?

Each property is unique, offering different benefits for residents. As new communities pop up all throughout cities in Texas, residents can get benefits like:

● Amenities, including community spaces like pools, walking trails, co-working spaces, parks, playgrounds, and gyms.
● New construction, meaning updated systems, fewer immediate maintenance issues, and more reliable builds to weather several renters.
● Prime locations, as build-to-rent properties tend to secure ideal areas within commuting distance from urban areas while offering the expected space of a suburban neighborhood.
● More space, including yards, one- or two-car garages, gardens, and more room inside the home.
● More privacy, with no shared walls in detached homes and more space between units.
● Consistent costs, without needing to worry about changing and sometimes unpredictable monthly needs of an owned home like property taxes, maintenance, and homeowners’ insurance.
● Longer-term leases, offering even more consistent costs and stability.
● Professional management, offering a central method for home maintenance, repairs, and other concerns, and potentially more consistent processes.
● More flexibility, as renters do not have the same financial commitment as homeowners with mortgages do, and are not responsible for selling the home.

It’s always important to assess each individual build-to-rent community based on its benefits, lease terms, build quality, management availability, fees, and other specifics to determine if it offers the right benefits for you and your family. There are pros and cons to choosing to rent or choosing to buy.

What Are the Drawbacks for Residents?

There are certain drawbacks of build-to-rent properties for residents, such as:

● Rent increases, which may happen more often that mortgage payment increases, and can increase at every lease renewal.
● Community rules, similar to homeowners’ association rules that outline what the exterior of a home can look like or where you can park.
● Limited customization, since it is a rental, meaning residents cannot remodel and may be unable to make other personalized changes to the build itself.
● Management or ownership shifts, which can affect how maintenance is completed or change certain policies.

Like any rental, potential residents should also assess the contract for fees that can increase monthly costs.

The Village at Mayfair in New Braunfels

The village at Mayfair in New Braunfels offers build-to-rent homes in a new and thriving community. It is made with residents in mind, from growing families to individual professionals. The location is built on connecting with your neighborhood and those in it, building a stronger community with its own identity. There are several benefits to the build-to-rent community growing in Mayfair, like:

Parks and Trails

Mayfair has more than 300 acres of public parks and open country and 35 miles of trails. Whether you need somewhere to walk with your dog, a fun-filled location for a family event, or a relaxing space to get outside, the outdoors in Mayfair might be perfect for you.

Fairway Park, already open, provides a location for concerts and festivals, while also having trails, a pump track, a playscape, and a disc golf course.

Midtown Mayfair

Scheduled to open this year, Midtown Mayfair will offer several options for days and nights out. Currently, the event pavilion, Celebration Hall, is already open, offering a space for holiday events, farmers’ markets, and more. Midtown Mayfair will also have a resort-style pool swim club for residents only, the Midtown Café, and the Crescent Green park.

Schools

Mayfair is within the Comal Independent School District, offering nearby access to exemplary schools, with more on the way. Education is built into the community at Mayfair, aiming to provide exceptional support and easy transport for kids of all ages.

New Communities in New Braunfels

If leasing is right for you and your family, there are new communities throughout New Braunfels that could meet your needs, including leasing at Mayfair. Build-to-rent properties are exceptionally useful for new families and young professionals looking for community and connection but wishing for individual space in a suburban neighborhood.

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