Property History
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.
Address: 5441,5481 Fm 1102, New Braunfels, TX 78132
Sale Price: $2,200,000.00
Cap Rate: 6%
No. of Buildings: 6 suites
Total Acreage: 1.35 Total acres
Building Size: 5,167 Total SF
Zoning: Unrestricted
County: Comal
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview

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