#1767847, Cesar Amezcua, Listing Office: CA & Company, REALTORS
1426 S New Braunfels Ave San Antonio, TX 78210
Property details
About 1426 S New Braunfels Ave
*Seller financing available. Strategically located in the rapidly growing East San Antonio corridor, just minutes from Downtown San Antonio, the Pearl District, and Broadway, this 6,421-square-foot freestanding commercial property offers unparalleled potential for redevelopment or immediate investment. Zoned C-2, the property provides versatile use options, including commercial applications, mixed-use development, or the addition of up to four residential units. Property highlights include two off-street parking spaces at the front and a gated rear lot with a capacity for 8-10 vehicles. The top floor is vacant and partially converted into a residential loft featuring high ceilings, two full bathrooms, a spacious living area, a large closet, and washer/dryer connections. Reinstalling windows in the original openings could unveil stunning skyline views from your living room or office. Roof access is already in place, with the option to install an interior spiral staircase, offering the potential to add a rooftop terrace with breathtaking Downtown San Antonio views. The ground floor is currently leased below market rate to a related party, providing immediate cash flow with significant upside. Area industrial and flex properties lease for $9-$12/SF plus NNN. Pro forma projections at $9/SF yield $57,789 annually, equating to an 8.8% CAP rate at the current list price. Strategic upgrades could elevate potential rents to $18/SF, significantly enhancing returns. Recent improvements include a new TPO roof (2021) and gated fencing (2023), enhancing both the property's value and functionality. Its prime location in a high-traffic area near some of San Antonio's most iconic districts ensures excellent visibility and access, making it highly attractive to tenants and end-users alike. This property offers a range of future development opportunities, from live/work lofts and ground-floor retail with private residences above to potential residential/commercial condo conversions. The existing rooftop access and the ability to create a rooftop terrace further align with the demand for modern, flexible spaces in this sought-after market. With its flexible zoning, recent capital improvements, and strong redevelopment potential, 1426 S. New Braunfels represents a rare opportunity to secure a high-performing asset in one of San Antonio's fastest-growing areas.
Highlights
(Price Change)
Summary
- MLS Number: 1833677
- Office Name: Devora Realty
- Office Phone: (512) 961-9084
- Office Email: johnnydevora@devorarealty.com
- Listing Agent: Johnny Devora
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Last updated on: 3/15/2025, 2:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$659,000
1426 S New Braunfels Ave
$7,826
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $304,000 | $7,322 |
2023 | $293,760 | $5,364 |
2022 | $198,000 | $5,364 |
2021 | $189,530 | $5,284 |
2020 | $205,600 | $5,768 |
2019 | $186,440 | $5,449 |
2018 | $190,150 | $5,449 |
2017 | $155,220 | $4,404 |
History based on county public records data.
Nearby schools
7
Highland Park Elementary School
Public District PK-5
0.4 mi
•635 Rigsby Ave
5
Smith Elementary School
Public District PK-5
0.5 mi
•823 S Gevers St
3
Ferdinand Herff Elementary School
Public District PK-5
0.7 mi
•996 S Hackberry St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,030. Residents of San Antonio, TX typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1426 S New Braunfels Ave
This home is located at 1426 S New Braunfels Ave in San Antonio, TX and zip code 78210 in the South Heights neighborhood. This 6,421 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $659,000.
San Antonio, TX housing market in February 2025 saw over 124 listings sold above listed price, more than 229 sold at listed price and over 592 sold below. The number of listings in San Antonio, TX increased by 10.8% between January and February 2025. The median list price of listings available in February 2025 was $297,532, while the average time on the real estate market was 87 days.