1242 Ervendberg Avenue Out of Area, TX 78130
Listing Courtesy of: HIGHLAND LAKES / Keller Williams Heritage
$3,624,900
7
BED
4
BATH
2,751
SQFT

  1242 Ervendberg Avenue Out of Area, TX 78130

Pending (285 Days)

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

MLS #:
161889
Lot Size
5.33 acres
Type
Single-Family Home
Year Built
1956
Style
Traditional
Views
Lake
School District
Out of Area
County
Comal County
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Breakfast Bar
  • Appliances : Dishwasher
  • Appliances : Microwave
  • Appliances : Electric Range
  • Smoke Detector(s)
  • Walk-In Closet(s)
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Rooms : Kitchen
  • Rooms : Living Room
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Flooring
  • Hard Tile
  • Laminate
  • Stained Concrete
  • Hardwood
Exterior Features
  • Hardi-Panel
  • Stucco Masonry
  • Roof: Composition
Utility Information
  • Sewer: Septic Tank
  • Energy: Zoned, Ceiling Fan(s)
Stories
  • 2
Living Area
  • 2,751 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 3%
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
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Mortgage calculator estimates are provided by JB Goodwin Realtors and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2023 Highland Lakes Realtors Association. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/1/23 14:03