Building Trust - Creating Value
5441 Fm 1102, New Braunfels, TX 78132
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  • MLS#: 1819608 ( Multi-Family (2-8 Units) )
  • Street Address: 5441 Fm 1102
  • Viewed: 21
  • Price: $2,200,000
  • Price sqft: $1,160
  • Waterfront: No
  • Year Built: 1865
  • Bldg sqft: 1896
  • Days On Market: 53
  • Additional Information
  • County: COMAL
  • City: New Braunfels
  • Zipcode: 78132
  • Subdivision: Country Hills
  • District: Comal
  • Elementary School: Comal
  • Middle School: Comal
  • High School: Canyon
  • Provided by: Real
  • Contact: Amanda Mercer
  • (210) 317-9989
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    7 CAP RATE!!! SELLER FINANCING AVAILABLE This mixed use property is a total gem!! And income producing. Located just outside the historic Texas town of Gruene, these 2 lots sit on a road with high traffic & visibility. Zoned for commercial use, the property has 7 active leases in place: 2 short term rentals, 3 commercial leases & 2 long term residential. The listing includes 2 properties: 5441 & 5481 FM 1102. Unrestricted & outside city limits so there are no zoning restrictions which makes this property
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Features
Building and Construction
  • Apprx Age: 159
  • Builder Name: UNKNOWN
  • Exterior Features: Other
  • Flooring: Other
  • Foundation: Other
  • Roofing: Other
  • 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: 24900
  • Days On Market: 42
  • Home Owners Association Mandatory: None
  • Net Operating Income: 153300
  • Total Tax: 11000
Other Features
  • Accessibility: Ramped Entrance
  • Contract: Exclusive Right To Sell
  • Instdir: From Gruene, take FM 1102 north. Property located on left side of road.
  • Legal Description: COUNTRY HILLS NORTH 1, BLOCK 1, LOT 1
  • Op Exp Includes: Taxes, Insurance, Maintenance, Management
  • Ph To Show: 2103179989
  • Salerent: For Sale
  • Views: 21
Owner Information
  • Owner Lrealreb: No