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
For sale
$2,200,000
5441 FM 1102, New Braunfels, TX 78132
11beds
1,896sqft
Est.:
Multi Family
Built in 1865
-- sqft lot
$-- Zestimate®
$1,160/sqft
$-- HOA
What's special
Zoned for commercial useHigh traffic and visibility
- 286 days
- on Zillow |
- 281 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: November 09, 2024 at 12:05am
Listed by:
Amanda Mercer TREC #774677 (210) 317-9989,
Real Broker, LLC
Source: SABOR,MLS#: 1819608

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Other
Features
- Flooring: Other
- Has basement: No
Interior area
- Total structure area: 1,896
- Total interior livable area: 1,896 sqft
Property
Parking
- Total spaces: 31
- Parking features: Parking Pad, Pad
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Patio & porch: Patio, Covered
Lot
- Size: 0.65 Acres
Details
- Parcel number: 150231000100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- Year built: 1865
Utilities & green energy
- Electric: Separate Electric Meter(s)
- Gas: Separate Gas Meter(s)
- Sewer: Septic
- Water: Separate Water Meter(s)
Community & HOA
Community
- Subdivision: Country Hills
Location
- Region: New Braunfels
Financial & listing details
- Price per square foot: $1,160/sqft
- Tax assessed value: $518,620
- Annual tax amount: $11,000
- Price range: $2.2M - $2.2M
- Date on market: 10/29/2024
- Listing terms: Conventional,FHA,VA Loan,1st Seller Carry,Wraparound,Cash,Investors OK,USDA Loan,Other
- Total actual rent: 9600
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