316 Castin Ln New Braunfels, TX 78130

This exceptional 11-acre property in New Braunfels, Texas, presents a unique investment opportunity. Boasting 4,000 square feet of existing building space, currently configured as four rental units, this mixed-use land offers immediate income potential. Built in 2007, the property is priced at $1,350,000, or $337.50 per square foot. Its versatile nature allows for various development options, including expansion of the existing rental units, the establishment of a new business, or subdivision for residential development. Located in Guadalupe County (zip code 78130), the property benefits from its proximity to popular attractions like the Comal River and Gruene Historic District, as well as the larger metropolitan areas of Austin and San Antonio, ensuring a consistent flow of potential tenants and visitors. The property's adjacency to a future feeder road, as indicated by a builder's survey, further enhances its value. The 11-acre parcel is comprised of four separate property IDs (Guadalupe County Property IDs 187702, 187703, 141530, 141930), offering flexibility for future development plans. This prime location in a rapidly growing area promises both immediate returns and significant long-term appreciation. This is a rare chance to acquire a multi-faceted property with existing income and substantial upside potential.