$3,624,900
New Braunfels, TX 78130
- 5.19 Acres
- Comal County
- 7 Beds
- 4 Baths
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!
Key Features
- Price $3,624,900
- Property Type Residential
- Acres 5 Acres
- Utilities Electricity Available,Phone Available,Water Available
- Beds/Baths 7/4
- City New Braunfels
- Status Pending
Improvements
- Exterior Features: Balcony
- Fence: Cross Fenced,Perimeter,Partial
- Heating: Central,Zoned
- Permit internet: 1
- Pool: None
- Roof: Composition
Land Features
- Area: 5.19
- Dimensions: 515 X 451 WF
Other
- City: New Braunfels
- County: Comal
- State: TX
- Zipcode: 78130
- Year Built: 1956
- Waterfront: 1
- Floors: Concrete,Laminate,Tile
- Subdivision: RIVER-NBN
Property Map
Heading South on I 35, take the exit for FM306/Creekside Crossing. Take Cold Spring Dr to FM306. In 1.7 miles turn right onto FM306. Continue on Hunter Rd. Take Gruene Rd to Ervendberg Ave and the property will be on your right side.
©2023 Austin Board of REALTORS. All rights reserved. - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Austin Board of REALTORS. Listing #6406877 Courtesy of Keller Williams Heritage. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.