Sophie Ln New Braunfels, TX 78130
12+ Acres, 378-Unit Potential
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 366
Property Features for 0 Sophie Ln
General Information
- Property type
- Land
- Lot Size
- 534,960 SF
HighLights
- 12.28‑acre shovel‑ready multifamily development site in New Braunfels, TX, zoned PD‑2029‑01, approved for a 378‑unit, four‑story garden‑style complex.
- Less than one mile from I‑35, near Target and Buc‑ee's, providing convenient access to major Texas markets.
- Proximity to Resolute Baptist Hospital and highly‑rated Comal ISD schools (Canyon High, Canyon Middle, and Freiheit Elementary).
- Asking price: $8,500,000 ($22,486 per developable unit); fully designed plans conveyed at closing.
- Potential savings of approximately $2 million in impact fees due to grandfathering. Buyer to conduct due diligence.
- New Braunfels population increased 15.8% (2020‑2022); Comal County multifamily rent increase projected at 2.4% within the next year.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.0779286691
- Latitude
- 29.719071347261
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 12+ Acres, 378-Unit Potential
Where is this land located?
The property is located at Sophie Ln New Braunfels, TX.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 12.28-acre shovel-ready multifamily development site in New Braunfels, TX, zoned PD-2029-01, approved for a 378-unit, four-story garden-style complex.; Less than one mile from I-35, near Target and Buc-ee's, providing convenient access to major Texas markets.; Proximity to Resolute Baptist Hospital and highly-rated Comal ISD schools (Canyon High, Canyon Middle, and Freiheit Elementary).