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$241,000

608 S Interstate 35, New Braunfels, TX, 78130

Off MarketInfo
CommercialInfo
Baths840 Sq Ft
price_per_sqft$708.33 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,409 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN55-0830-0027-01
Lot Number5
SubdivisionUnicorn Heights
Land UseResidential
Legal DescriptionUNICORN HEIGHTS, BLOCK 5, LOT 5, A-608 SUR- 21, ACRES .216
Census Tract310401
Assessed Land Value$179,470
Assessed Improvement Value$10,180
Assessment Year2025

About this property

PRIME COMMERCIAL REDEVELOPMENT OPPORTUNITY Interstate 35 Frontage - New Braunfels, TX Exceptional commercial redevelopment opportunity featuring nearly 200 feet of prime Interstate 35 frontage on the southbound side, strategically positioned between Seguin Avenue and Walnut Avenue in thriving New Braunfels. UNMATCHED VISIBILITY & EXPOSURE High-Traffic Location: Over 145,000 vehicles pass this site daily (TxDOT AADT 2023) Prime Positioning: Located directly on the I-35 corridor connecting Austin and San Antonio Maximum Visibility: Prominent southbound frontage ensures exceptional brand exposure STRATEGIC LOCATION Less than half a mile from major retailers: HEB, Walmart, and Lowe's Just 1.7 miles from Schlitterbahn Waterpark, a major regional tourist attraction Ideally situated between two major Texas metros: 30 miles from San Antonio 49 miles from Austin DEVELOPMENT POTENTIAL Currently zoned CO (Commercial Office), offering numerous potential uses Ideal for retail, hospitality, medical, office, or mixed-use development Flexible zoning allows for diverse business opportunities ECONOMIC ADVANTAGES Located in one of Texas' fastest-growing communities Strong local demographics with increasing population and household income Year-round tourism from Schlitterbahn, Gruene Historic District, and the Guadalupe River Connect with New Braunfels' Business Development office to explore the full range of permitted uses under current zoning and potential development incentives. Don't miss this rare opportunity to secure a high-visibility location on one of Texas' busiest transportation corridors in a rapidly expanding market.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,238
$189,650
2025
$179,470
$10,180
$189,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,238
$189,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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608 S Interstate 35 | Property Details | No Agent List