5441 Fm 1102 New Braunfels, TX 78132
Comal NeighborhoodEstimated payment $12,881/month
Highlights
- 0.65 Acre Lot
- Deck
- Ramp on the main level
- Hoffmann Lane Elementary School Rated A
- Covered Patio or Porch
- 1-Story Property
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,000
Year Built
- Built in 1865
Lot Details
- 0.65 Acre Lot
- Sprinkler System
Interior Spaces
- 1,896 Sq Ft Home
- 1-Story Property
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Comal Elementary And Middle School
- Canyon High School
Additional Features
- Ramp on the main level
- Septic System
Community Details
- Country Hills Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 150231000100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,613 | $518,620 | $80,320 | $438,300 |
| 2023 | $6,613 | $491,260 | $80,320 | $410,940 |
| 2022 | $7,715 | $502,800 | $80,320 | $422,480 |
| 2021 | $5,995 | $352,680 | $25,850 | $326,830 |
| 2020 | $6,213 | $351,950 | $25,850 | $326,100 |
| 2019 | $7,134 | $392,530 | $25,850 | $366,680 |
| 2018 | $6,027 | $331,420 | $25,850 | $305,570 |
| 2017 | $5,392 | $353,700 | $25,850 | $327,850 |
| 2016 | $3,545 | $249,510 | $25,850 | $223,660 |
| 2015 | $2,311 | $188,550 | $25,850 | $162,700 |
| 2014 | $2,311 | $179,600 | $25,850 | $153,750 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | For Sale | $2,200,000 | +282.6% | $1,160 / Sq Ft |
| 04/10/2017 04/10/17 | Off Market | -- | -- | -- |
| 01/06/2017 01/06/17 | Sold | -- | -- | -- |
| 12/07/2016 12/07/16 | Pending | -- | -- | -- |
| 02/10/2016 02/10/16 | For Sale | $575,000 | -- | $200 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | University Title Company | |
| Vendors Lien | -- | Capital Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $436,000 | New Conventional | |
| Previous Owner | $580,125 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $328,000 | Commercial | |
| Previous Owner | $208,000 | Credit Line Revolving |
Source: San Antonio Board of REALTORS®
MLS Number: 1819608
APN: 15-0231-0001-00
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