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$2,117,370

278 W San Antonio St, New Braunfels, TX, 78130

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths2 Bath
Baths4,312 Sq Ft
OfficeOffice
price_per_sqft$247.36 / sqft
Year BuiltBuilt in 1894

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,530 sqft

Building Information

Year Built1894
Stories2
Roof Type112

Land Information

APN2-0000-0010-00
Lot Number7
SubdivisionCity Block 2001
Land UseCommercial
Legal DescriptionCITY BLOCK 2001, LOT 7 E 27, ACRES .104
Census Tract310100
Assessed Land Value$111,040
Assessed Improvement Value$2,006,330
Assessment Year2025

About this property

Beautiful downtown New Braunfels original bank building built in 1894. This building features prime office space just a block and a half from the circle. It is zoned C2 and has countless commercial uses. This two story building also has two large warehouse areas for storage or possible renovation. Don't miss this opportunity to own a piece of New Braunfels history!Restrictions: Yes

Investor Tools

Property Icon
$2,117,370
Estimated Property Value
$1,864,000Estimated Mortgage Balance
$332,053Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,704 /month
Positive
Cash Flow Estimate:
$4,235 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,019/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,640
$2,117,370
2025
$111,040
$2,006,330
$2,117,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,640
$2,117,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Harvey Specter Investments Llc
Commercial
$1,864,000
No
First
Jan 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,791,184
$326,186
15%
85%
$11,176/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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278 W San Antonio St | Property Details | No Agent List