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$2,200,000

8789 FM 306, New Braunfels, TX, 78132

On MarketInfo
CommercialInfo

About this property

SELLER FINANCING AVAILABLE!! 15-acre commercial development opportunity with 1,120+ feet of FM306 road frontage, outside city limits, not in the ETJ and with awesome exposure from the high-volume daily traffic (15,000+ daily traffic count)...making this a commercial developer's dream! This property has a nice and flat topography and plenty of beautiful mature oak trees to work with. Underground 3-Phase power from Pedernales Electric and GVTC fiber internet at the property already. Water well and septic will be Buyer's responsibility. There are deed restrictions and design guidelines/architectural control, as this tract is part of a small, high-end gated residential community that is coming soon. There is the possibility to divide this tract into three 5+ acre tracts, should Buyer so desire. Less than 5 minutes to Sattler, TX/Whitewater Amphitheater/Guadalupe River. Less than 10 minutes to Gruene and the nearest Canyon Lake boat ramp. 15 minutes to Downtown New Braunfels, Creekside, H-E-B Plus, Resolute Hospital, and Schlitterbahn. Seller is also selling 12-acre adjacent tract that can be purchased together or separately. Seller must be present at all showings. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$2,200,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

Interested in this property?

Wade Goodwin

NB Regal Real Estate

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Financing Details

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

City: New Braunfels