Property profile

421 Constance Dr New Braunfels, TX 78130

OFF-MARKET
Warehouses
1,903 SF
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Property summary

AI-generated overview

This exceptional 1,903 square foot warehouse property in New Braunfels, Texas, presents a unique investment opportunity. Located at 421 Constance Dr, 78130, in the desirable Farm Haus community, this industrial property is city-approved for short-term rentals (STRs), offering significant income potential. Five units are available within the community, making this an ideal investment for those seeking a diversified portfolio. The property boasts an enviable location adjacent to the thriving Creekside commercial area, placing it within minutes of a wealth of amenities. Residents and guests will enjoy easy access to numerous restaurants, a movie theater, shopping centers, a hospital, and popular attractions such as Downtown New Braunfels, Schlitterbahn Waterpark, and Gruene, all within a 10-minute radius. The two-story homes within the Farm Haus community are known for their upscale finishes, gourmet kitchens, and spa-inspired bathrooms, promising a high-quality experience for renters. This property offers a blend of commercial and residential potential, making it a compelling investment in a rapidly growing Texas market. The asking price is $449,900. This is a rare opportunity to acquire a versatile property with strong rental income potential in a prime location.

Property profile

Verified
Property type Warehouses
Total area 1,903 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

421 Constance Dr New Braunfels, TX 78130
New Braunfels metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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