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Entitled Multifamily Development Site

Sophie Ln, New Braunfels, TX 78130

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For Sale

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12.28 acre site with plans for 378 units.

Type:Land

Lot size:

12.28 Acres

HighLights

Entitled 12.28+\/- acre multifamily development site with fully designed plans for a 378‑unit, 4‑story, garden‑style complex.
Located less than a mile east of Interstate 35 in New Braunfels, TX.
Reduced price of $19,500 per developable unit.
Seller conveys architectural and engineering plans, plus select third‑party reports at closing.
Estimated $2MM savings on impact fees due to grandfathering.
Close proximity to major retailers and numerous restaurants.

We can help!

Listing Contact

Jordan Cortez, CCIM

For Sale

Contact for pricing

12.28 acre site with plans for 378 units.

Type:Land

Lot size:

12.28 Acres

Added:: May 30, 2024
Days on Market:: 755
Last Refresh:: May 12 at 8:37 pm

Property Features for Sophie Ln

General Information

Standard status: Active
Lot size: 12.28 Acres
Property subtype: Land

We can help!

Listing Contact

Jordan Cortez, CCIM

Listing agent Jordan Cortez, CCIM License #AR PB00085705

Listing office Vanguard Advisors LLC

Listing date May 30, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Vanguard Advisors LLC

HighLights

Entitled 12.28+\/- acre multifamily development site with fully designed plans for a 378‑unit, 4‑story, garden‑style complex.
Located less than a mile east of Interstate 35 in New Braunfels, TX.
Reduced price of $19,500 per developable unit.
Seller conveys architectural and engineering plans, plus select third‑party reports at closing.
Estimated $2MM savings on impact fees due to grandfathering.
Close proximity to major retailers and numerous restaurants.

Overview

A 12.28+/- acre entitled multifamily development site is available for purchase along Sophie Lane in New Braunfels, Texas, situated less than a mile east of Interstate 35. The site has fully designed plans for a 378-unit, 4-story, garden-style build out. The seller will convey architectural plans, engineering plans, and select third-party reports at closing. The seller estimates approximately $2MM in savings on impact fees due to being grandfathered into lower impact fees. The site is accessible via Sophie Lane and is close to major retailers such as TJ Maxx, Home Goods, Target, and Buc-ee’s in addition to numerous restaurants. This site presents an opportunity at a reduced price of $19,500 per developable unit.

Property Profile Location Intelligence

Current Use by Public Records

Land

Map

City: New Braunfels
County: Comal
State: Texas
Longitude: -98.0725
Latitude: 29.6944

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For sale
Land
TX
New Braunfels
78130
Sophie Ln

What type of property is this?

Land - 12.28 acre site with plans for 378 units.

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 $7,371,000.

What are key features of this property?

This property features: Entitled 12.28+\/- acre multifamily development site with fully designed plans for a 378‑unit, 4‑story, garden‑style complex.; Located less than a mile east of Interstate 35 in New Braunfels, TX.; Reduced price of $19,500 per developable unit.

Sophie Ln, New Braunfels, TX 78130

12.28 acre site with plans for 378 units.

Property Features for Sophie Ln

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Map

Nearby Similar for Sale

Prime Corner Lot in New Braunfels

New Braunfels Office Building For Sale

Flexible Office Suite with Eight Offices

Multi-Use Flex Building with Six Rooms

New Braunfels Fourplex Investment Opportunity

Waterfront Duplex in New Braunfels

Fenced Hill Country Land with Barn

Duplex with Private Fenced Yards

Duplex with Three-Bedroom Units

Secluded Cabin Retreat on Acreage

Unrestricted Land in New Braunfels

Waterfront Land with River Frontage

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