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    1968 Lou Ann Dr New Braunfels, TX 78130

    For Sale
    $199,000

    Prime Texas land, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.5-acre lot in New Braunfels, Texas, presents a unique investment opportunity. Located on a quiet cul-de-sac at 1968 Lou Ann Dr, this generously cleared property boasts a level front homesite ideal for building. Enjoy panoramic views of the surrounding area, enhancing privacy and appeal. The property is zoned R, allowing for residential development. Its strategic location offers convenient access to numerous amenities, including fitness centers, Lowe's, various restaurants and coffee shops, grocery stores, Target, and the historic Gruene district. New Braunfels itself is a rapidly growing city with a rich German heritage, home to Schlitterbahn Waterpark and the annual Wurstfest. The nearby Guadalupe River offers recreational opportunities like tubing and kayaking. Furthermore, the proximity to San Marcos, with Texas State University and its vibrant atmosphere, adds to the property's appeal. This property is perfect for those seeking a tranquil setting while remaining close to urban conveniences and recreational activities. The 100% ownership and 1031 exchange eligibility make this a compelling investment for developers and individuals alike. This rare parcel offers an outstanding opportunity to create a remarkable project in one of Texas' most desirable and fastest-growing areas.

    Property Features for 1968 Lou Ann Dr

    General Information

    Property type
    Farms
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre lot in New Braunfels, TX, offering scenic views.
    • Located on a quiet cul‑de‑sac.
    • Level homesite on a generously cleared lot.
    • Utility buffer exists between this property and the neighbor.
    • Panoramic views enhance privacy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.1381138
    Latitude
    29.6683496

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    FAQs

    What type of property is this?
    Farm - Prime Texas land, residential zoning.
    Where is this farm located?
    The property is located at 1968 Lou Ann Dr New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: 1.5-acre lot in New Braunfels, TX, offering scenic views.; Located on a quiet cul-de-sac.; Level homesite on a generously cleared lot.
    Request Owner's contact information
    1968 Lou Ann Dr New Braunfels, TX 78130
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    New Braunfels, TX 78130
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1968 Lou Ann Dr New Braunfels, TX 78130
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