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Property profile & analytics
OFF-MARKET
Retail space

296 Faust St New Braunfels, TX 78130

1,314 SF 0.19 ac lot Built 1944
Property ID
US82-2649075
Property summary
AI-generated overview

This exceptional 1,314 square foot mixed-use property, located at 296 E. Faust St. in New Braunfels, Texas, presents a unique investment opportunity. Built in 1944 and extensively renovated in 2022, this single-story building boasts a blend of historical charm and modern amenities. The property features a flexible C3 zoning, allowing for a variety of uses, including short-term rentals (City of New Braunfels approval effective 11/15/2024). The 0.19-acre lot includes four parking spaces. Inside, the 9-foot ceilings contribute to a spacious feel. The building's exterior features a durable metal roof and low-maintenance cement siding. Its prime location offers easy access to the historic Faust Street Bridge and the scenic Guadalupe River, enhancing its appeal and potential for high occupancy rates. The property's versatility, combined with its desirable location and recent renovations, makes it an attractive option for both owner-users and investors seeking a strong return. The building's single unit layout simplifies management, while the ample parking caters to both tenants and visitors. This is a rare opportunity to acquire a well-maintained, mixed-use property in a thriving Texas community. The property is offered at $505,000.

Property profile
Verified
Property type Retail space
Year built 1944
Total area 1,314 SF
Lot 0.19 ac (8,276 SF)
APN 10-0000-6080-0
UPID US82-2649075
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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