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Property profile & analytics
OFF-MARKET
Land

1968 Lou Ann Dr New Braunfels, TX 78130

1.5 ac lot
Property ID
US82-9596792
Property summary
AI-generated overview

This exceptional 1.5-acre lot in New Braunfels, Texas, presents a unique investment opportunity. Located on a quiet cul-de-sac at 1968 Lou Ann Dr, this generously cleared property boasts a level front homesite ideal for building. Enjoy panoramic views of the surrounding area, enhancing privacy and appeal. The property is zoned R, allowing for residential development. Its strategic location offers convenient access to numerous amenities, including fitness centers, Lowe's, various restaurants and coffee shops, grocery stores, Target, and the historic Gruene district. New Braunfels itself is a rapidly growing city with a rich German heritage, home to Schlitterbahn Waterpark and the annual Wurstfest. The nearby Guadalupe River offers recreational opportunities like tubing and kayaking. Furthermore, the proximity to San Marcos, with Texas State University and its vibrant atmosphere, adds to the property's appeal. This property is perfect for those seeking a tranquil setting while remaining close to urban conveniences and recreational activities. The 100% ownership and 1031 exchange eligibility make this a compelling investment for developers and individuals alike. This rare parcel offers an outstanding opportunity to create a remarkable project in one of Texas' most desirable and fastest-growing areas.

Property profile
Verified
Property type Land
Lot 1.5 ac (65,340 SF)
UPID US82-9596792
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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