5441, 5481 Fm 1102, New Braunfels, TX 78132
Property Photos
Would you like to sell your home before you purchase this one?
Priced at Only: $2,200,000
For more Information Call:
Address: 5441, 5481 Fm 1102, New Braunfels, TX 78132
Property Location and Similar Properties
- MLS#: 1799717 ( Multi-Family (2-8 Units) )
- Street Address: 5441, 5481 Fm 1102
- Viewed: 11
- Price: $2,200,000
- Price sqft: $426
- Waterfront: No
- Year Built: 1865
- Bldg sqft: 5167
- Days On Market: 100
- Additional Information
- County: COMAL
- City: New Braunfels
- Zipcode: 78132
- Subdivision: Country Hills North
- District: Comal
- Elementary School: Comal
- Middle School: Comal
- High School: Canyon
- Provided by: Lockwood Realty Group, LLC
- Contact: Keith Borie
- (830) 822-3567
- DMCA Notice
-
DescriptionWith buildings dating back to the 1800's, this unique mixed use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Apprx Age: 159
- Builder Name: UNKNOWN
- Exterior Features: Other
- Flooring: Other
- Foundation: Other
- Roofing: Metal
- Source Sqft: Appsl Dist
School Information
- Elementary School: Comal
- High School: Canyon
- Middle School: Comal
- School District: Comal
Eco-Communities
- Water/Sewer: Septic
Utilities
- Air Conditioning: Other
- Heat: Central
- Heating Fuel: Electric
- Meters: Separate Electric, Separate Gas, Separate Water
Finance and Tax Information
- Annual Operating Expense: 28600
- Days On Market: 78
- Home Owners Association Mandatory: None
- Net Operating Income: 143400
- Total Tax: 8121.31
Other Features
- Contract: Exclusive Right To Sell
- Instdir: I-35 North, left on FM 306, right on FM 1102.
- Legal Description: COUNTRY HILLS NORTH 1, BLOCK 1, LOT 1
- Op Exp Includes: Taxes, Insurance, Maintenance, Licenses/Permits, All Utilities, Other
- Ph To Show: (720) 737-3000
- Salerent: For Sale
- Style: One Story
- Views: 11
Owner Information
- Owner Lrealreb: No
Similar Properties
Nearby Subdivisions