Sophie Ln New Braunfels, TX 78130
12.28 acre site with plans for 378 units.
Type:Land
Lot size:
12.28 Acres- Added:
- May 30, 2024
- Days on Market:
- 704
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for Sophie Ln
General Information
- Standard status
- Active
- Lot size
- 12.28 Acres
- Property subtype
- Land
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
Overview
Entitled Multifamily Development Site
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
Insight Report
Location Intelligence
Current Use by Public Records
Land
Map
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.0725
- Latitude
- 29.6944
Nearby Similar for Sale
FAQs
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.
