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    415 Hickory Ave New Braunfels, TX 78130

    Sponsored
    For Sale
    $649,000

    3.7 Acres, R-2 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.713-acre parcel in New Braunfels, Texas, presents a compelling investment opportunity. Located at 415 N Hickory Ave, in Comal County (zip code 78130), this property is zoned R-2, allowing for single-family and two-family residential development. The land offers significant potential for multiple housing units, capitalizing on the high demand for residential properties in this rapidly growing market. Priced at $649,000 ($4.01/sq ft), this inner-city location provides easy access to retail and other services. Existing greenhouses on the site will be removed by December 31, 2024. The property's APN is 71303. This versatile tract is ideal for developers and investors seeking a promising venture in a thriving Texas real estate market. The site's strategic location and R-2 zoning make it suitable for a variety of residential projects, from single-family homes to multi-family dwellings. This is a rare infill opportunity in a highly desirable area, offering significant upside potential for the discerning investor. The property's size and location make it equally attractive to those seeking a large acreage lot for a single-family estate.

    Property Features for 415 Hickory Ave

    General Information

    Property type
    Land
    Lot Size
    161,738 SF

    HighLights

    • R‑2 zoning, allowing single‑family and two‑family residential development.
    • Versatile residential development potential.
    • Strategic New Braunfels location.
    • Opportunity for multiple housing units.
    • Ideal for developers and investors.
    • High demand residential market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.138748
    Latitude
    29.6949435

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    FAQs

    What type of property is this?
    Land - 3.7 Acres, R-2 Zoning, Prime Location
    Where is this land located?
    The property is located at 415 Hickory Ave New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: R-2 zoning, allowing single-family and two-family residential development.; Versatile residential development potential.; Strategic New Braunfels location.
    (830) 500-3787
    Request Owner's contact information
    415 Hickory Ave 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
    415 Hickory Ave New Braunfels, TX 78130
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