881 Rock St New Braunfels, TX 78130
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.
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William Culver Physician
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Dr. William R. Culver, MD Physician Medical Clinic
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Oris Technologies, Inc. DBA Oristech Business Administration Service Medical Transcription Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.