Technical
Financial
Distress signals
Property profile

12821 Riv Rd New Braunfels, TX 78132

OFF-MARKET
Office buildings
Property ID
US82-0286521
1,080 SF 1.25 ac lot Built 2014
Individually Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 50-bed hotel, "Tipis on the Guadalupe," situated on 1.247 acres in Canyon Lake, Texas (New Braunfels zip code 78132). Boasting a 5.17% cap rate and a strong NOI of $75,000, this stabilized property offers significant return potential. The 5,640 square foot hotel features nine unique tipi cabin accommodations, each with its own bathroom access via two separate bathhouses. An on-site office and laundry facility add to the operational efficiency. Built in 2014, the single-story property is conveniently located less than an hour from both Austin and San Antonio, and just over an hour from Fredericksburg's Hill Country wine trail. Nearby attractions include the renowned Gruene Dance Hall and Whitewater Amphitheater. The property also includes a separate tiny home, potentially offering additional income or on-site management housing (negotiable). The asking price is $1,450,000, translating to $257.09 per square foot. This unique hotel presents a compelling investment in a desirable Texas location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2014
Total area 1,080 SF
Lot 1.25 ac (54,319 SF)
APN 74-0524-0015-00
UPID US82-0286521

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Vacation Rental Real Estate Agency
  • Campground & RV Park
  • Hotel & Motel Bed & Breakfast

Location

12821 Riv Rd New Braunfels, TX 78132-2136
New Braunfels metro Census 310611 SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2005
Price N/A

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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