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.The second rental features 3 bedrooms, 2 bathrooms, and a large, covered porch overlooking the lush lawn, mature trees, and the river. There are two picnic tables and a firepit at the river and easy in & out river access using the handrails on the private platform. Early morning deer visits on the beautiful lawns are frequent and loved by many. Enjoy the great outdoors with fly fishing, kayak/canoeing, swimming, or simply anchoring your tube and enjoying the beautiful surroundings. Amazing​​‌​​​​‌​​‌‌​‌‌​​​‌‌​‌​​​​‌‌​​‌‌ opportunity!
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  • Interior Details
    • Interior Features
      • Interior:BeamedCeilings, BreakfastBar, BuiltinFeatures, OpenBeamsBeamedCeailings, CeilingFans, EatinKitchen, LaminateCounters, OpenFloorplan, Vau
    • Beds & Baths
      • Bedrooms:7
      • Bathrooms:4.0
      • Full Baths:4
  • Property Details
    • Property
      • View:River, Water
      • Lot description:Level, OpenLot, TreesLargeSize
      • Exterior materials:Balcony
    • Measurements
      • Acres:5.19
      • Square Feet:2751.0
  • Construction Details
    • Condition
      • Year built:1956
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:SepticTank
      • Utility source:Public
      • Utility features:ElectricityAvailable, PhoneAvailable, WaterAvailable
  • Community and Neighborhood Details
    • Community
      • Subdivision:RIVER-NBN
    • Location
      • School district:New Braunfels ISD
      • Elementary School:Lamar
      • Middle School:Oakrun
      • High School:New Braunfels
      • County:Comal
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 285, 000
      • Days on Market (Cumulative):222
      • Buying Agency Compensation:3.000
      • Taxes annual:$43, 848
  • Other
    • Source
      • MLS #:6406877
  • -
      • Garage Spaces:0.0

Location

Jeremy FayReal Estate Group
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Down Payment

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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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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.

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