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5441, 5481 Fm 1102, New Braunfels, TX 78132
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5441, 5481 Fm 1102
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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
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  • MLS#: 1799717 ( Multi-Family (2-8 Units) )
  • Street Address: 5441, 5481 Fm 1102
  • Viewed: 25
  • Price: $2,200,000
  • Price sqft: $426
  • Waterfront: No
  • Year Built: 1865
  • Bldg sqft: 5167
  • Days On Market: 42
  • 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: Sarah Loredo
  • (720) 737-3000
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    With 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.
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   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: 26
  • 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: 25
Owner Information
  • Owner Lrealreb: No
Nearby Subdivisions
Country Hills North   Royal Forest Comal