1242 Ervendberg Avenue
New Braunfels, TX 78130
$3,624,900
2751 sqft | 7 beds | 4.0 baths | 5.19 acres | #6406877
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. The houses currently on the property are used as short-term rentals. June's Retreat, one of the two rentals, features 4 bedrooms, 2 bathrooms, and an open floor plan second floor living area with beautiful river views. Listen to the river rapids from the oversized wood deck as you admire the Texas Hill Country and the famous Gruene water tower.
Property Details
- Interior:BeamedCeilings, BreakfastBar, BuiltinFeatures, OpenBeamsBeamedCeailings, CeilingFans, EatinKitchen, LaminateCounters, OpenFloorplan, Vau
- Bedrooms:7
- Bathrooms:4.0
- Full Baths:4
- View:River, Water
- Lot description:Level, OpenLot, TreesLargeSize
- Exterior materials:Balcony
- Acres:5.19
- Square Feet:2751.0
- Year built:1956
- Foundation:Slab
- Sewer information:SepticTank
- Utility source:Public
- Utility features:ElectricityAvailable, PhoneAvailable, WaterAvailable
- Subdivision:RIVER-NBN
- School district:New Braunfels ISD
- Elementary School:Lamar
- Middle School:Oakrun
- High School:New Braunfels
- County:Comal
- Original List Price:$4, 285, 000
- Days on Market (Cumulative):222
- Buying Agency Compensation:3.000
- Taxes annual:$43, 848
- MLS #:6406877
- Garage Spaces:0.0
- Cost:3624900
- Property subtype:SingleFamilyResidence
- Days on_market:226
- MLS #:6406877
- Property condition:Resale
Location
Listing Courtesy
Listing Agent: Frank Baker
Listing Office: Keller Williams Heritage
Jeremy FayReal Estate Group
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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Loan Amount
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