415 Hickory Ave New Braunfels, TX 78130
- Commercial real estate
- 1,384 SF
- 3.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 415 Hickory Ave
- Year built
- 1980
- Lot size
- 3.71 lot acres
- Property size
- 1,384 SF
- Property type
- Commercial real estate
- APN
- 60-0980-0031-00
- APU
- 600980003100
Description
This exceptional 3.713-acre parcel in New Braunfels, Texas, presents a compelling investment opportunity. Located at 415 N Hickory Ave, in Comal County (zip code 78130), this property is zoned R-2, allowing for single-family and two-family residential development. The land offers significant potential for multiple housing units, capitalizing on the high demand for residential properties in this rapidly growing market. Priced at $649,000 ($4.01/sq ft), this inner-city location provides easy access to retail and other services. Existing greenhouses on the site will be removed by December 31, 2024. The property's APN is 71303. This versatile tract is ideal for developers and investors seeking a promising venture in a thriving Texas real estate market. The site's strategic location and R-2 zoning make it suitable for a variety of residential projects, from single-family homes to multi-family dwellings. This is a rare infill opportunity in a highly desirable area, offering significant upside potential for the discerning investor. The property's size and location make it equally attractive to those seeking a large acreage lot for a single-family estate.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.1387
- Latitude
- 29.695
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
