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    316 Castin Ln New Braunfels, TX 78130
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    Property profile & analytics

    316 Castin Ln New Braunfels, TX 78130


    • Mixed-use properties
    • 4,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 316 Castin Ln

    Year built
    2007
    Property size
    4,000 SF
    Property type
    Mixed-use properties
    Property subtype
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.1023
    Latitude
    29.634
    More about this property
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