Last 24 Hours
$2,346,030
NAL Estimated Property Value485 Business IH 35 EXPY, New Braunfels, TX, 78130
$3,049,839 ARV
Off Market
Commercial
— Beds
— Bath
16,154 Sq FtHighlights
Interior
Bedrooms —
Bathrooms —
Garage Available
Heating Central
CoolingExterior
Lot Size2.24 acres
Building Information
Year Built1992
Stories1
Roof Type105
Garage Spaces4
Land Information
APN48-0795-0001-00
Lot Number1
SubdivisionRun & Stop
Land UseCommercial
Legal DescriptionRUN & STOP, LOT 1
Census Tract310501
Assessed Land Value$1,474,910
Assessed Improvement Value$871,120
Assessment Year2025
About this property
Great commercial location near the heart of New Braunfels! Hard corner of N Business IH 35 (N Elliot Knox Blvd.) and McKenna Avenue with good visibility and high traffic count near the New Braunfels Market Place shopping center, restaurants and hotels. Currently operating as an automobile dealership that will be relocating to a new location. Good access in and out, one entrance on N Business IH 35 (N Elliot Knox Blvd.) and two entrances on McKenna Avenue. Spacious facility with ample parking area, large show room, carport, offices, customer waiting areas and service area. Zoned C2-A (Central Business District) and C-3 (Commercial District)
Investor Tools
$2,346,030
Estimated Property Value
$0Estimated Mortgage Balance
$2,346,030Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$3,049,839
Rent-to-Value Ratio: 0.72%
Rent Estimate
$33,000 /month
Positive
Cash Flow Estimate:
$11,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,934/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$47,474
$2,346,030
2025
$1,474,910
$871,120
$2,346,030
No
Tax History
Year
Tax Paid
Assessed Value
2024
$47,474
$2,346,030
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,346,030
100%
0%
$0/mo
12.4%