Six-Room Flex
1056 Market Heights, New Braunfels, TX 78132
For Sale
$375,000
CommercialSale, New Braunfels, TX
Property Size4,400 SF
Lot Size0.42 Acres
Price / SF$85.23
Days on Market204
Property Features for 1056 Market Heights
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Buildings
Listing Agency:
JPAR - Plano
(972) 836-9295
Listed By:
Donna Renken · License TX #0196427
(210) 601-3493
Added: Apr 24
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 611774
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 4,400-square-foot flex space occupies a 0.4242-acre parcel and was built in 1995. The metal-frame building has a metal roof, concrete and carpet flooring, six rooms, a small kitchen, and one bathroom. Central heating and cooling are provided through electric systems, while the property is served by a septic tank and includes driveway parking.
The property is situated in Sattler, with the mailing address listed in New Braunfels, and sits one-half block from River Road. The location experiences increased seasonal traffic during the summer months and provides access to nearby businesses, banks, and local amenities. Commercial zoning is identified as Comm, supporting the property's flexible layout for retail, office, workshop, storage, or warehouse use.
The property is situated in Sattler, with the mailing address listed in New Braunfels, and sits one-half block from River Road. The location experiences increased seasonal traffic during the summer months and provides access to nearby businesses, banks, and local amenities. Commercial zoning is identified as Comm, supporting the property's flexible layout for retail, office, workshop, storage, or warehouse use.
Key Highlights
- 4,400 SF flex space on a 0.4242‑acre parcel
- Six separate rooms plus a small kitchen and bathroom
- Built in 1995 with metal‑frame construction and a metal roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,170
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
$503.4K
Cap Rate 7%
$359,571
$359.6K
Cap Rate 9%
$279,667
$279.7K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$39.6K $9.00/SF
− Vacancy
−$3.6K −$0.83/SF
EGI
$36.0K $8.17/SF
− OpEx
−$10.8K −$2.45/SF
NOI
$25.2K $5.72/SF
Area
Comal County, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
Cap Rate 7%
$359,571
Cap Rate 9%
$279,667
Alternative Uses
Best Use
Flex RnD
$676.6K
$592.0K – $789.4K
NOI $47,362 @ 7.0% cap · market cap 12.63%
Second Best
Industrial
$359.6K
$314.6K – $419.5K
NOI $25,170 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$1.12M
$982.1K – $1.31M
NOI $78,566 @ 7.0% cap · market cap 20.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 78132, TX
37,475
Population
15,356
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
96%
High-School Grad
179.3 sq mi
ZIP Area
209
Density / Sq Mi
$126,934
Median Household Income
$63,870
Median Earnings
$1,531
Median Rent
$570,900
Median Home Value
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Market
Properties on Market for Flex space in New Braunfels
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Bluebonnet Brews — 1963 FM2673, Canyon Lake, TX 78133
Frequently Asked Questions
What type of property is this?
Flex space - Metal construction, central HVAC, and a kitchen and bathroom support varied commercial configurations.
Where is this flex space located?
The property is located at 1056 Market Heights New Braunfels, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 4,400 SF flex space on a 0.4242‑acre parcel; Six separate rooms plus a small kitchen and bathroom; Built in 1995 with metal‑frame construction and a metal roof
