About 5441 Fm 1102
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 4 active commercial leases. The listing includes 2 properties: 5441 & 5481 FM 1102. Unrestricted & outside city limits so there are no zoning restrictions which makes this property
Features of 5441 Fm 1102
| MLS® # | 1819608 |
|---|---|
| Price | $2,200,000 |
| Remarks | $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 4 active commercial leases. The listing includes 2 properties: 5441 & 5481 FM 1102. Unrestricted & outside city limits so there are no zoning restrictions which makes this property |
| Square Footage | 1,896 |
| Acres | 0.65 |
| Year Built | 1865 |
| Type | Multi-Family (2-8 Units) |
| Status | Active |
| Housing Type | One Story |
Community Information
| Address | 5441 Fm 1102 |
|---|---|
| Area | 2609 |
| Subdivision | COUNTRY HILLS |
| City | New Braunfels |
| County | Comal |
| State | TX |
| Zip Code | 78132-4383 |
Amenities
| Pool On Property | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Other |
Exterior
| Exterior | Other |
|---|---|
| Exterior Features | Covered Patio, Patio Slab |
| Roof | Other |
| Foundation | Other |
School Information
| District | Comal |
|---|---|
| Elementary | Comal |
| Middle | Comal |
| High | Canyon |
Additional Information
| $/LivSqFt | $1,160 |
|---|---|
| Net Income | $153,300 |
| Building Sqft | 1,896 |
| # Units | 7 |
| Date Listed | October 29th, 2024 |
| Days on Market | 365 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Amanda Mercer |
|---|---|
| Office | Real Broker, LLC |