1242 Ervendberg Ave, New Braunfels, TX 78130

$3,624,900
7
BD
4
BA
2,751
SqFt
List Price
$3,624,900
Status
PENDING
MLS#
1638018
Price Change
▼ $660,100 1683064897
Bedrooms
7
Bathrooms
4
Living Area
2,751
Lot Size
226,076

Property 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!

Additional Information

Exterior Features
Bar-B-Que Pit/Grill, Deck/Balcony, Partial Fence, Mature Trees, Water Front Improved
Fireplace Description
Not Applicable
Interior Features
Ceiling Fans, Microwave Oven, Stove/Range, Dishwasher, Smoke Alarm, Electric Water Heater, Custom Cabinets, 2+ Water Heater Units
Roof
Composition
Construction
Pre-Owned
View
Water View
School District
New Braunfels
Elementary School
Lamar
High School
New Braunfel
Middle School
Oak Run
Stories
2
Street Name
Ervendberg Ave
Street Number
1242
Waterfront
Yes
Acres
5.19
County
Comal
Floor
Saltillo Tile, Linoleum, Wood, Laminate
Foundation
Slab
Heating
Central, Zoned, 3+ Units
Lot Description
On Waterfront, Riverfront, Water View, 5 - 14 Acres, Mature Trees (ext feat), Level, Guadalupe River, Water Access

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Frank Baker (frank@mynbhome.com) from Listing Office: Keller Williams Heritage.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

Listings provided by SABOR MLS