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Property profile

240 Acres In New Braunfels Tx New Braunfels, TX 78130

OFF-MARKET
Land
240 ac lot
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Property summary

AI-generated overview

This exceptional 240-acre commercial land parcel presents a unique development opportunity in the rapidly growing New Braunfels, Texas market. Situated within city limits and boasting approximately 1,708 feet of frontage on IH-35, this mostly cleared and leveled property offers gentle sloping topography and unparalleled access to major transportation arteries. Its strategic location between Austin and San Antonio places it within a high-growth corridor, proximate to significant retail destinations such as the Creekside Shopping Center, a Walmart Distribution Center, and Resolute Baptist Health hospital. Furthermore, its proximity to New Braunfels National Airport enhances its logistical appeal. The property benefits from existing water and electricity access. Adjacent to the burgeoning Mayfair mixed-use development (encompassing 1,888 acres, projected to include 6,000 residential units, 70 acres of commercial space, and four new schools), this site is ideally positioned to capitalize on the area's explosive growth. Currently used for cattle production, the land features few trees, making it readily adaptable for a diverse range of development projects. The Ag – Pre-Development (APD) zoning designation provides flexibility for future planning. This is a rare opportunity to acquire a substantial tract of land in a prime location with exceptional potential for significant return on investment. The property is located in Hays County, Texas, zip code 78130.

Property profile

Verified
Property type Land
Lot 240 ac (10,454,400 SF)

Cap rate & NOI

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

Location

240 Acres In New Braunfels Tx New Braunfels, TX 78130
New Braunfels metro
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Value estimations

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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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