1242 Ervendberg Ave. Avenue

New Braunfels, TX 78130
$3,624,900
2751 sqft | 5.19 acres | #485820

Description

Phenomenal Commercial opportunity in Historic Gruene! Located just above the well-known rapids on the Guadalupe River which are just upriver of the Gruene Road Bridge. This property features 5.19 acres of beautifully maintained lawns, gorgeous mature trees, two short term rentals, and over 450’ of Guadalupe River waterfrontage. A property like this is a once in a lifetime opportunity. This C-4 zoned property would be ideal for a condos, hotel, apartments, or multiple restaurants. This high traffic area draws tourists throughout the year as it is surrounded with top area attractions which are all within walking distance including Gruene Hall, Gruene shopping/dining, river outfitters for those wanting a river adventure, and restaurants. Plus, this property is conveniently located 2.7 miles from IH 35, 2.4 miles from Schlitterbahn, and 3.3 miles from Downtown New Braunfels.

  • Interior Details
    • Interior Features
      • Interior:BedroomonMainLevel, FullBathonMainLevel
  • Property Details
    • Property
      • View:River, Water
    • Measurements
      • Acres:5.19
      • Square Feet:2751
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1974
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:SepticTank
      • Utility source:Private, Public, Well
      • Utility features:ElectricityAvailable, PhoneAvailable
  • Community and Neighborhood Details
    • Location
      • School district:New Braunfels ISD
      • Elementary School:Lamar Elementary
      • Middle School:Oak Run Middle School
      • High School:New Braunfels High School
      • County:Comal
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 285, 000
      • Buying Agency Compensation:3.00
  • Other
    • Source
      • MLS #:485820
  • -

    Location

    Jeremy FayReal Estate Group
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    10.0%

    Interest Rate

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    6.0%

    Tax Rate

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    2.6%
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    annually
    $
    monthly

    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
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