Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2348 State Hwy 46th S New Braunfels, TX 78130-2013

    • Mobile home & RV parks
    • 952 SF
    • 9.36 lot acres
    OFF-MARKET
    Value Estimations
    $1,335,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4160051
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 2348 State Hwy 46th S

    Year built
    1997
    Lot size
    9.36 lot acres
    Property size
    952 SF
    Property type
    Mobile home & RV parks
    APN
    2G-0020-0000-89900-000
    APU
    2G0020000089900000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.0488
    Latitude
    29.6585
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,030
    $449,373
    $12,027
    $461,400
    -
    $449,373
    $12,027
    $461,400

    Comparable in this City

    • Value Estimation
      $840,000
      78 SF

      141 Rueckle Rd

      MOBILE HOME PARK, TRAILER PARK • 78 SF
      141 Rueckle Rd, New Braunfels, TX 78130-9789
      View Details
    • Value Estimation
      $620,000
      55 SF

      2800 Windgate Dr Lot, Unit 35

      MOBILE HOME PARK, TRAILER PARK • 55 SF
      2800 Windgate Dr Lot, New Braunfels, TX 78130-3140
      View Details
    • Value Estimation by Request
      10.59 Acres

      358 Fire Fld Rd

      MOBILE HOME PARK, TRAILER PARK • 10.59 Acres
      358 Fire Fld Rd, New Braunfels, TX 78130
      View Details
    • Value Estimation
      $1,165,000
      854 SF

      7387 Fm 725

      MOBILE HOME PARK, TRAILER PARK • 854 SF
      7387 Fm 725, New Braunfels, TX 78130-8799
      View Details
    • Value Estimation by Request
      34 SF

      299 Dollar Dr

      MOBILE HOME PARK, TRAILER PARK • 34 SF
      299 Dollar Dr, New Braunfels, TX 78130-2832
      View Details
    • Value Estimation by Request
      87,120 SF

      1324 Krause Ln

      MOBILE HOME PARK, TRAILER PARK • 87,120 SF
      1324 Krause Ln, New Braunfels, TX 78130-1961
      View Details

    Similar Nearby for Sale

    • $380,000

      Riverfront Condo with Resort Amenities

      Updated 2-bedroom condo with river access and resort amenities.
      730 E Mather St, New Braunfels, TX 78130
      View Details
    • $369,500

      Furnished Condo at Waterwheel Resort

      Furnished 2 bed/2 bath condo with resort amenities and river access.
      730 E Mather St, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Turnkey Airbnb in New Braunfels

      Successful short-term rental property near downtown New Braunfels.
      218 S Peach Ave, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Top Floor Corner Unit

      Apartment with balcony, modern amenities, and community features.
      2165 Gabriels Pl, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Turnkey Condo in Gruene

      Fully furnished condo near Gruene Hall and Guadalupe River.
      1554 Gruene Rd, New Braunfels, TX 78130
      View Details
    • $369,500

      Furnished Condo at Waterwheel Resort

      Furnished 2 bed/2 bath condo with resort amenities and river access.
      730 E Mather St, New Braunfels, TX 78130
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,373 SF

      Charming Duplex with Modern Amenities

      Two-story duplex with modern amenities and convenient access to shopping.
      602 Creekside Cir, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Charming Home in Texas Hill

      Inviting 3-bedroom, 2-bath home in New Braunfels, TX.
      218 Ragsdale, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      New Braunfels Three-Bedroom Home

      Three-bedroom, two-bath home near Creekside Shopping Center.
      750 Saengerhalle Rd, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Two Bedroom Duplex For Rent

      Two-bedroom, two-bath duplex with fenced backyard, convenient location.
      1152 Misty Acres Dr, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      New Braunfels Duplex For Rent

      Duplex available for rent in New Braunfels, Texas.
      2208 Avery Vlg, New Braunfels, TX 78130
      View Details
    • $1,325 /Mo

      New Braunfels Home with Yard

      Charming 3-bedroom duplex with modern finishes and private yard.
      254 Rosalie Dr, New Braunfels, TX 78130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2348 State Hwy 46th S
    New Braunfels, TX 78130-2013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!