For Sale
$319,000
755 Saengerhalle Road, New Braunfels, TX 78130
Land, New Braunfels, TX
Property Size1,232 SF
Lot Size2.00 Acres
Price / SF$258.93
Days on Market28
Property Features for 755 Saengerhalle Road
General Information
Property type
Land
Property subtype
Other
Zoning description
APD
Patio and Porch features
Porch
Exterior features
Porch, Storage
Fencing
Perimeter, Gate
Lot features
One To Three Acres, City Lot, Open Lot, Acreage
Elementary school
Farias-Spitzer Elementary
Middle school
Canyon Middle School
High school
Canyon High School
Elementary school district
Comal ISD
Middle school district
Comal ISD
High school district
Comal ISD
Directions
From I-H 35, go South on Hwy 46 and take a left on Saengerhalle Road. Proceed to 755 Saengerhalle Road. From Seguin, take Hwy 46 and take a right on Saengerhalle Road. Proceed to 755 Saengerhalle Road. Gate has lock.
Standard status
Active
APN
56196
Size
1,232 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
ABS: 20 SUR: A M ESNAURIZAR 2.000 AC MH=TEX0186952/953
Tax Annual Amount
3606
Legal Description
ABS: 20 SUR: A M ESNAURIZAR 2.000 AC MH=TEX0186952/953
Utilities
Sewer type
Septic Tank
Water source
Public, Well, Private
Building Details
Additional Structures
Storage
Listing Agency:
My Castle Realty
(713) 683-0054
Listed By:
Gary Bisha · License #0508227
(713) 683-0054
Added: Aug 5
Changed: Aug 27
Last Checked: Sep 1 at 4:06PM
MLS# 621522
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.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,977
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,540
$219.5K
Cap Rate 7%
$156,814
$156.8K
Cap Rate 9%
$121,967
$122.0K
Market Conditions
NOI Build-Up for 1,232 SF
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.
Gross rent
$22.2K $18.00/SF
− Vacancy
−$2.2K −$1.80/SF
EGI
$20.0K $16.20/SF
− OpEx
−$9.0K −$7.29/SF
NOI
$11.0K $8.91/SF
Area
Comal County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,540
Cap Rate 7%
$156,814
Cap Rate 9%
$121,967
Alternative Uses
Best Use
Apartment 5plus
$156.8K
$137.2K – $183.0K
NOI $10,977 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.3K
$275.0K – $366.6K
NOI $21,998 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this land located?
The property is located at 755 Saengerhalle Road New Braunfels, TX.
What is the asking price?
The asking price for this property is $319,000.
