Overview

Description

SVN | Traditions is pleased to offer this 18.64-acre infill development tract at the corner of busy Loop 337/SH 46 and Rock Street. The tract is zoned R-2, Single-Family and Two-Family Residential, in a market with a heavily undersupply of homes; particularly in such a central location with excellent linkage factors. The tract has great potential for multifamily development. So many attractions and services within a 5 to 7-minute radius. With successful zoning change achievement, the front portion of the tract would be an excellent fit for office or destination commercial/retail. Interested parties should confirm both utility availability/capacity for development and alternative zoning prospects. There is a 3,754 SF custom-built home (2014) with pool and large cabana, a 2,448 SF two-story office building and a 1,840 SF metal shop building. Lot 4 (3.73 acres) is not usable, since it encompasses Blieders Creek and is a designated drainage easement. This area could be amenitized as a hike/bike trail or dog walk given the secluded feel and abundance of large oaks.

The 18.64-acre tract is located at the northwest corner of Loop 337/State Highway 46 and Rock Street. The property is positioned within the shadow of the 2,400-acre Veramendi Master-Planned development, which will feature hundreds of homes, local schools, a number of planned commercial developments and future multi-family communities. The property is within 3 minutes of the Historic Gruene District along the Guadalupe River, home of Gruene Hall, the famous Gristmill Restaurant, and all the fun and shopping that comes with. The Plaza in downtown New Braunfels is 7 minutes south, near all the local dining and tourist attractions, just down the street from Wurstfest. Retail services are clustered to the southwest at the intersection of Loop 337 and SH 46 West, in the area anchored by H-E-B Grocery.

The site is gently sloping. The tract has a favorable shape, offering a number of development possibilities. NBU water is on-site, with public sewer nearby. Buyer and/or their representatives should independently confirm availability and capacity for development.

NBU

Highlights

• Zoned Residential, but might be a good prospect for Commercial Re-Zone
• Centrally-located, within minutes of Gruene, Downtown New Braunfels and the H-E-B at SH 46
• In the shadow of the 2,400-acre Veramendi Master-Planned Development
• Fronts Loop 337/SH 46 and Rock Street
• Favorable shape, physically offering a multitude of development opportunities

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