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    Flexible Office Suite with Eight Offices Title is generated by Realmo AI

    223 Lucinda Drive, New Braunfels, TX 78130

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    For Sale
    $649,900

    COMMERCIAL - New Braunfels, TX

    Property size:
    3,000 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $216/SF
    Added:
    Feb 19, 2026
    Days on Market:
    112
    Last Refresh:
    Jun 11 at 7:06 pm

    Property Features for 223 Lucinda Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COMM
    Parking features
    Driveway
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    44692
    Size
    3,000 SF
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT: 4 BLK: 3 ADDN: URBAN HEIGHTS
    Tax Annual Amount
    7270

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2001
    Floors in Building
    2
    Flooring type
    Tile, Carpet
    Building materials
    Brick
    Roof type
    Shingle, Composition

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    Listing Contact
    Charles Gallagher

    Listing agent Charles Gallagher License #0812509

    Listing office Real Broker, LLC 2626 Cole Ave, Suite 300, Dallas, TX

    Listing date Feb 19, 2026

    MLS# 605043

    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.

    HighLights

    • Leased through May 31, 2027, providing current income with continued occupancy through lease end.
    • Commercial office layout includes eight private offices plus a spacious reception area and dedicated storage.
    • Dual HVAC system for efficient heating and cooling with central heating and central air.
    • Offices are fully wired for high‑speed internet and phone; existing telephone system included.
    • ADA accessibility with an accessible approach and ramp; exterior lighting and brick construction.
    • 10+ parking spaces and driveway parking; public water with septic tank sewer; built in 2001.

    Overview

    This versatile commercial office space is configured with eight private offices, a spacious reception area, and dedicated storage. An efficient dual HVAC system supports year-round comfort, and the offices are fully wired for high-speed internet and phone connectivity, with an existing telephone system already in place. The layout is designed to accommodate approximately 2–4 desks per office, supporting either a single-user operation or the leasing of individual suites. ADA accessibility is included.

    Located in a small industrial park with convenient access to Hwy 46, I-35, and IH-10, the property is minutes from downtown New Braunfels. It also sits within an easy drive to both San Antonio and Austin, supporting a range of professional and medical office uses. The site includes 10+ parking spaces.

    For tenants and operators, the configuration works well for businesses that need multiple enclosed offices and a central reception area, including childcare, real estate, title, loan, medical, sales, and general office uses. For buyers, the property is currently leased through May 31, 2027, providing established occupancy in a COMM-zoned setting.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $66.2k $22.08
    − Vacancy −$11.7k −$3.91
    EGI $54.5k $18.17
    − OpEx −$13.6k −$4.54
    NOI $40.9k $13.63
    3,000 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $584.1K
    $511.1K – $681.5K (±1% cap)
    NOI $40,887 @ 7.0% cap · market cap 6.29%
    Second Best
    Healthcare Medical
    $555.4K
    $486.0K – $648.0K (±1% cap)
    NOI $38,880 @ 7.0% cap · market cap 5.98%
    Theoretical Best
    Office A
    $765.2K
    $669.6K – $892.8K (±1% cap)
    NOI $53,567 @ 7.0% cap · market cap 8.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.0619929
    Latitude
    29.6841738

    FAQs

    What type of property is this?
    Office units - Suite includes eight private offices, reception, storage, and a dual HVAC system, with ADA access and 10+ parking spaces.
    Where is this office units located?
    The property is located at 223 Lucinda Drive New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: Leased through May 31, 2027, providing current income with continued occupancy through lease end.; Commercial office layout includes eight private offices plus a spacious reception area and dedicated storage.; Dual HVAC system for efficient heating and cooling with central heating and central air.
    More about this property
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