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    OFF-MARKET
    Land

    2257 Tx-46, New Braunfels, TX 78132

    0.94 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.94-acre lot presents a unique investment opportunity in New Braunfels, Texas. Located on the eastbound side of Highway 46 West, near the highly visible intersection with FM 1863, this property boasts high traffic counts and significant commercial potential. Currently zoned R-2, allowing for residential single-family and two-family dwellings, the highest and best use is widely considered to be commercial, given the surrounding area's predominantly commercial zoning. The property includes a 2253 square foot home, adding to its versatility. Utilities are in place, including electricity, a water well, and a septic system. The lot itself is level and features mature trees. Its location within the New Braunfels city limits and its proximity to the well-lit intersection of US Highway 46 and FM 1863 make it an ideal site for various commercial ventures. An adjacent 0.991-acre lot (without a home) at 2265 Hwy 46 is also available for purchase, presenting an opportunity for expansion. The asking price for this remarkable property is $650,000.

    Property profile
    Verified
    Property type Land
    Lot 0.94 ac (40,946 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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