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Property profile

533 Houston Ave New Braunfels, TX 78130

OFF-MARKET
Retail properties & Spaces
Property ID
US82-3872422
1,152 SF 0.56 ac lot
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Property summary

AI-generated overview

This exceptional 0.56-acre commercial property, located at 533 N Houston Ave in New Braunfels, Texas, presents a unique investment opportunity. Priced at $375,000, the property boasts a 1,152 square foot existing structure, currently deemed a teardown by the seller, offering a blank canvas for development. Situated in the heart of New Braunfels, this R-2 zoned lot enjoys a prime location, offering unparalleled convenience and visibility. Its proximity to popular attractions like Schlitterbahn Waterpark and Christus Santa Rosa Hospital ensures high foot traffic and strong potential for a variety of commercial ventures. The level lot is enhanced by mature trees, providing an aesthetically pleasing backdrop for any new construction. The property's address is 533 N Houston Ave, New Braunfels, TX 78130, within Comal County. This is a rare chance to establish a thriving business in a vibrant and rapidly growing Texas community. The existing building's square footage is included in the total land area, providing ample space for development. Don't miss this opportunity to build your dream commercial project in a highly desirable location. This central New Braunfels location offers exceptional potential for future growth and return on investment.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,152 SF
Lot 0.56 ac (24,394 SF)
UPID US82-3872422

Cap rate & NOI

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

Location

533 Houston Ave New Braunfels, TX 78130
New Braunfels metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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