2670 FM 1101
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2670 FM 1101
15 Acres of Commercial Land in New Braunfels, TX 78130
Investment Highlights
- Close to NewQuest New Braunfels Town Center at Creekside, a Class A retail development that is home to 54 retail stores, both small and big box
- Neighboring many new developments including River Mill, Veramendi, Resolute Health Hospital, and TopGolf
- Along the nation leading IH-35 development corridor in one of the fastest growing smaller cities in the United States
Executive Summary
Jones Lang LaSalle (“JLL”) is pleased to offer the exclusive opportunity to purchase Creekside Multifamily development Site at 2670 FM 1101, an approximately 15-acre garden multifamily development site (the “Property” or “Site”) located inside of the rapidly growing Austin-San Antonio Corridor along Interstate 35 (IH-35) in New Braunfels, Texas. Positioned less than a mile from IH-35 and around 10 minutes from downtown New Braunfels, the Site is located on the quickly growing northeast side of New Braunfels, within a city experiencing exuberant growth. All entitlements and zoning are in place for a multifamily development. The Site has a base zoning of MU-B AH AL or “High Intensity Mixed Use District” within the City of New Braunfels. The Site has been planned for 376 multifamily units within the city of New Braunfels along the FM 1101 corridor. This corridor is filled with demand drivers and development including but not limited to the new Resolute Baptist Hospital, Freiheit Village, Avenues at Creekside, and the existing Walmart and Sam’s Club Distribution Center. The Site is also in close proximity to the area’s premier retail and entertainment options, including New Braunfels Town Center at Creekside, Gruene Hall, and the San Marcos Premium Outlets.
Property Facts
1 Lot Available
Lot
| Lot Size | 15.00 AC |
| Lot Size | 15.00 AC |
Description
Multifamily site zoned MU-B AH AL or "High Intensity Mixed Use" and planned for 376 units of multifamily. The Site is grandfathered in the 2010 Impact fee schedule, adding a significant amount of savings for the future buyer/developer of the land.
PROPERTY TAXES
| Parcel Number | 38-0449-0019-00 | Improvements Assessment | $100 |
| Land Assessment | $88,550 | Total Assessment | $88,650 |
PROPERTY TAXES
Parcel Number
38-0449-0019-00
Land Assessment
$88,550
Improvements Assessment
$100
Total Assessment
$88,650
zoning
| Zoning Code | MU-B AH AL (High Intensity Multifamily Zoning) |
| MU-B AH AL (High Intensity Multifamily Zoning) |
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2670 FM 1101
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