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$949,900

1242 Ervendberg Avenue Lot 1, New Braunfels, TX, 78130

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths1,716 Sq Ft
CommercialCommercial

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5.19 acres

Building Information

Year Built1974
Stories2
Roof Type127

Land Information

APN70-0002-0043-00
SubdivisionA- 2 Sur- 1 J M Veramendi
Land UseResidential
Legal DescriptionA- 2 SUR- 1 J M VERAMENDI, ACRES 5.19
Census Tract310503
Assessed Land Value$1,937,230
Assessed Improvement Value$253,240
Assessment Year2025

About this property

Rare opportunity to own Guadalupe River frontage in the heart of Historic Gruene, with multiple parcels currently available for buyers seeking riverfront property, investment potential, or future development opportunities. Spanning approximately 1.057 acres with over 100 feet of Guadalupe River frontage, this parcel offers a beautiful combination of privacy, natural beauty, and location. Mature trees, gentle terrain, and a large level building area create an exceptional setting for a custom home, weekend retreat, or long-term investment property. The property slopes gradually toward the river, providing direct access to the Guadalupe while preserving the peaceful, park-like atmosphere that makes this stretch of waterfront so desirable. Unlike many riverfront properties, the waterfront remains unimproved, allowing future owners the flexibility to design and customize the shoreline to fit their vision. Whether the goal is creating a private river retreat, a luxury custom residence, or a thoughtfully designed investment property, the land provides a strong foundation without limiting future possibilities. The location is equally compelling. Situated less than one mile from Historic Gruene, owners can enjoy quick access to Gruene Hall, local restaurants, shopping, live music, river outfitters, and year-round attractions while still enjoying the privacy and tranquility of a secluded riverfront setting. Downtown New Braunfels, Schlitterbahn, and IH-35 are all just minutes away, making the property easily accessible from both Austin and San Antonio. Opportunities to secure Guadalupe River frontage this close to Gruene are increasingly rare. With beautiful views, direct river access, mature trees, and one of the most desirable locations in the Texas Hill Country, this property offers a unique chance to create something special along one of the region's most iconic waterways.

Investor Tools

$0Estimated Mortgage Balance
$2,190,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,143 /month
Positive
Cash Flow Estimate:
$4,381 /month

Interested in this property?

Lakefront Grp & Hill Country Luxury Grp

Keller Williams Heritage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,473
$2,190,470
2025
$1,937,230
$253,240
$2,190,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,473
$2,190,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,190,470
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Braunfels

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1242 Ervendberg Avenue Lot 1 | Property Details | No Agent List