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$1,063,150

NAL Estimated Property Value

1706 Hunter Road, New Braunfels, TX, 78130

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,639 Sq Ft
price_per_sqft$796.92 / sqft
Year BuiltBuilt in 1987

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size20,038 sqft

Building Information

Year Built1987
Stories1
Roof Type112

Land Information

APN15-0370-0300-00
Lot Number33
SubdivisionCypress Rapids At Gruene Section 1
Land UseCommercial
Legal DescriptionCYPRESS RAPIDS AT GRUENE SECTION 1, BLOCK H, LOT 33
Census Tract310503
Assessed Land Value$410,970
Assessed Improvement Value$652,180
Assessment Year2025

About this property

1706 Hunter Road presents a rare opportunity to acquire a multi-building commercial asset in the heart of Historic Gruene, one of the Texas Hill Country's most visited tourism and entertainment destinations. Situated on approximately 0.46 acres with premier Hunter Road frontage, the property is surrounded by destination retail, restaurants, and live music venues that generate consistent, year-round foot traffic. The asset consists of four income-producing buildings with a strong in-place tenant mix and meaningful upside through rent optimization, re-tenanting, and expanded food, beverage, and entertainment concepts. Originally settled over a century ago, Gruene is a living snapshot of Texas history. With 15 walkable acres designated as a National Historic District, visitors shop, dine, and dance within preserved original township buildings-making this location both culturally iconic and economically resilient. Investment Highlights: Prime Hunter Road frontage in Historic Gruene 0.46 acres in a high-traffic, walkable destination Four-building, multi-tenant configuration Strong in-place income with clear value-add upside Flexible leasing profile with near-term expirations Ideal for boutique retail, live entertainment, or expanded food & beverage concepts Owner financing available.

Investor Tools

Property Icon
$1,063,150
Estimated Property Value
$998,787Estimated Mortgage Balance
$64,363Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,006/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,752
$1,063,150
2025
$410,970
$652,180
$1,063,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,752
$1,063,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains State Bank
Unknown
$1,171,000
No
First
Jan 25, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$998,787
$64,363
6%
94%
$7,021/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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1706 Hunter Road | Property Details | No Agent List