$3,624,900
Pending

1242 Ervendberg Avenue

Out of Area, TX 78130
2751 sqft | 7 beds | 4 baths | 5.19 acres | #161889
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

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

  • Property Details
      • InteriorBreakfast Bar, Smoke Alarm(s), Split Bedroom Plan, Vaulted Ceilings, Walk In Closet(s)
      • Exterior FeaturesBalcony, Covered Porch/Patio, Open Concrete Areas
      • FloorsHard Tile, Hardwood, Laminate, Stained Concrete
      • AppliancesDishwasher, Microwave, Range-Electric
      • Exterior MaterialsHardi-Panel, Stucco Masonry
      • Property SubtypeSingle Family/Site Built
      • EnergyCeiling Fan, Zoned
      • TermsCash, Conventional
      • HeatingCentral, Electric
      • StyleTraditional
      • RoofComposition
      • School DistrictOut of Area
      • CountyOut of Area
      • Property TypePurchase
      • CoolingCentral
      • Stories2 Story
      • Cost3624900
      • MLS #161889
      • Price Per Sqft$1,317
      • MLS #161889
      • Waterfront TypeRiver
      • ViewLake
      • Acres5.19
      • Square Feet2751
      • Year Built1956
      • FoundationSlab
      • SubdivisionNone
      • Waterfront Sqft451
      • Days On Market285
      • Bedrooms7
      • Bathrooms4
      • Full Baths4
      • Waterfront1

Location

Delz Realty GroupReal Estate Group

Interested in Purchasing 1242 Ervendberg Avenue?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 78130