tomo logo

$2,200,000

Beds
11
sq ft
5,167

5441, 5481 FM 1102, New Braunfels, TX 78132

5441

New Braunfels, TX 78132

  • 42 days on market
With buildings dating back to the 1800's, this unique mixed-use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.

Details

Property type

Lot size

1.35 acres

Price per sq ft

$426

Year built

1865

Annual property taxes

$8,121.31

Price History

08/08/2024
SanAntonio

SanAntonio #1799717

Listed
$2,200,000

Schools & Community

Elementary school: 

Comal

Middle school: 

Comal

High school: 

Canyon

School district: 

Comal

Status: Active

Tomo last checked: 09/19/2024 at 11:55 AM

Listing updated: 08/19/2024 at 2:26 AM

Listed by: Sarah Loredo, Lockwood Realty Group, LLC Phone #: (210) 451-0143

MLS: SanAntonio #1799717

SanAntonio logo

Recently listed in New Braunfels