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261 Alves Ln
New Braunfels, TX 78130
261 Alves Lane · Land For Sale · 15.91 AC

Investment Highlights

  • Near to the IH-35 quickly growing corridor
  • Amenities surround the site in New Braunfels - New Braunfels Sports complex, Town Center at Creekside, Wurstfest, Schlitterbahn, Gruene Hall, Etc.
  • Proximate to multiple new developments

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Hold For Development
  • Hold For Investment
  • Manufactured Homes or Mobile Home Park
  • Open Space
  • Single Family Development
  • Storefront, Retail or Residential
  • Unknown
  • Single Family Residence
Total Lot Size 15.91 AC
No. Stories 1
Zoning New Braunfels ETJ

Description

The New Braunfels area continues to expand rapidly, concurrent with the growth of its two larger surrounding markets, the San Antonio MSA and Austin MSA. Over the last decade, New Braunfels ranked as one of the top fastest-growing cities in the nation, posting a 56.6% increase, and Comal County ranked fourth, growing 44% over the same period. The area has also experienced prominent business relocation with fortune 50 companies like Amazon and Walmart both making New Braunfels the location of Central Texas distribution centers. In 2019, the city approved a $117 million bond package that included over $44 million for transportation and infrastructure improvements, and New Braunfels Utilities committed more than $550 million in capital projects over the next five years. The area’s home values have increased 30.9% since the beginning of 2021, highlighting the popularity of the city as a smaller alternative to nearby metros. New Braunfels is wellpositioned to benefit as development plans continue to sprawl outwards from Austin and San Antonio to bridge the gap between the two urban centers, soon to create a large metro with over 6-7 million people

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-0193-0001-00
  • 68-0001-0522-00
Land Assessment
$1,496,330
Improvements Assessment
$41,920
Total Assessment
$1,538,250
  • Listing ID: 31356391

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: 261 Alves Ln, New Braunfels, TX 78130

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