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Property profile & analytics
OFF-MARKET
Land

881 Rock St New Braunfels, TX 78130

18.64 ac lot
Property ID
US82-9818475
Property summary
AI-generated overview

This exceptional 18.64-acre tract in New Braunfels, Texas, presents a unique development opportunity. Located at the northwest corner of Loop 337/State Highway 46 and Rock Street, this property boasts a prime location within minutes of the historic Gruene District, downtown New Braunfels, and the H-E-B grocery store. Currently zoned R-2 (Single-Family and Two-Family Residential), the land offers significant potential for residential development, addressing the area's undersupply of housing, particularly in this central location. The favorable shape and size of the property allow for a multitude of development options. With a successful zoning change, the front portion could be ideal for office or destination commercial/retail uses. The property is situated near the 2,400-acre Veramendi Master-Planned development, which includes hundreds of homes, schools, and planned commercial areas. Existing improvements include a 3,754 sq ft custom home (2014) with a pool and cabana, a 2,448 sq ft two-story office building, and an 1,840 sq ft metal shop building. Note that Lot 4 (3.73 acres) is unusable due to a drainage easement. This area could be developed as a green space amenity. Prospective buyers should independently verify utility availability and alternative zoning possibilities. The APN numbers are 383950, 383951, 383952, 383953, and 451091. The address is 881 Rock St, New Braunfels, TX 78130.

Property profile
Verified
Property type Land
Lot 18.64 ac (811,958 SF)
UPID US82-9818475
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
Current use
Occupant on record · Public records
  • William Culver Physician
  • Dr. William R. Culver, MD Physician Medical Clinic
  • Oris Technologies, Inc. DBA Oristech Business Administration Service Medical Transcription Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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