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    Premium Homesite in Vintage Oaks Title is generated by Realmo AI

    1218 Powder Ridge Rd, New Braunfels, TX 78132

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    Claim this Listing
    For Sale
    $215,000

    LAND - New Braunfels, TX

    Lot size:
    2.28 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 5 at 4:06 am

    Property Features for 1218 Powder Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RESIDENTIAL
    Standard status
    Active
    Lot size
    2.28 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1912

    We can help!

    Listing Contact
    Kristen Schramme

    Listing agent Kristen Schramme

    Listing office Keller Williams Legacy 1102 E Sonterra Blvd Ste 106, San Antonio, TX

    Listing date Apr 13, 2026

    MLS# 1954592 Listing URL

    Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Premium 2.28‑acre homesite in highly desirable Vintage Oaks community.
    • Potential for sweeping Hill Country views and unforgettable sunset backdrops due to high elevation.
    • Partially cleared lot with mature oak trees, highlighting build sites and view corridors.
    • Enjoy resort‑style amenities including multiple pools, lazy river, fitness center, trails, and sports courts; pickleball courts nearby.
    • Convenient location near Canyon Lake, New Braunfels, Gruene, and Fredericksburg, with easy access to Austin and San Antonio.
    • Low tax rate, access to Comal ISD, and homestead exemption eligibility.

    Overview

    This 2.28-acre homesite is located on one of the highest and most desirable streets in Vintage Oaks. Positioned near the top of the community, the property offers the potential for sweeping Hill Country views and unforgettable sunset backdrops. The lot has been partially cleared, making it easy to walk and explore while still preserving the natural beauty of mature oak trees. This clearing helps highlight possible build sites and view corridors. The terrain offers a gentle slope toward the rear, enhancing both usability and the opportunity to capture elevated views. This property offers flexibility to create a custom home that takes full advantage of the surroundings. Vintage Oaks residents enjoy resort-style amenities including multiple pools, a lazy river, fitness center, miles of scenic trails, and sports courts. One of the newest amenity centers featuring pickleball courts is just a short walk or bike ride away. The community also benefits from a low tax rate and access to Comal ISD, with homestead exemption eligibility. Conveniently located near Canyon Lake, New Braunfels, Gruene, and Fredericksburg, with easy access to both Austin and San Antonio, this is a rare chance to own a premium homesite in one of the Hill Country's most sought-after communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.229042
    Latitude
    29.790977

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    FAQs

    What type of property is this?
    Residential land & home lot - 2.28-acre homesite with Hill Country views and resort-style amenities.
    Where is this residential land & home lot located?
    The property is located at 1218 Powder Ridge Rd New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Premium 2.28‑acre homesite in highly desirable Vintage Oaks community.; Potential for sweeping Hill Country views and unforgettable sunset backdrops due to high elevation.; Partially cleared lot with mature oak trees, highlighting build sites and view corridors.
    (210) 482-3200
    We can help!
    Listing Contact
    Kristen Schramme
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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