1111 Gruene Rd, New Braunfels, TX 78130 – Commerical Building / Mixed Residential

CommercialYear Built 2001Total Assessed Value $1,139,215County Comal

Property Details

The Commercial property 1111 Gruene Rd, New Braunfels, TX 78130 is located in Comal County. The specific property type is Commerical Building / Mixed Residential. The total assessed value of this property is $1,139,215.

The gross building area is 10,284 square feet and the land area is 39,566 square feet for this Commerical Building / Mixed Residential built in 2001.

Legal description: Gruenecliff 2, Block 1, Lot 1-2-3

$1,139,215

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommerical Building / Mixed Residential

Building Area10,284

Land Size39,566

Land Value$820,383

Improved Value$318,832

Total Assessed Value$1,139,215

Year Built2001

County NameComal

Account Number29332

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolN

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

No of Stories2

Exterior WallsWood

Sales History

3/28/2022

Arms-length$1,600,000

Buyer

Gri Llc

Seller

Gruene River Inn Ltd

Book Number

202206014677

Recording Date

3/28/2022

Transaction Details

Gri Llc acquired the property from Gruene River Inn Ltd through a Arms-length transaction on 3/28/2022 for $1,600,000.

8/26/2004

Arms-length$925,000

Buyer

State Bank

Seller

Gruene Cliff Bed & Breakfast Llc

Book Number

200406012175

Recording Date

8/26/2004

Transaction Details

State Bank acquired the property from Gruene Cliff Bed & Breakfast Llc through a Arms-length transaction on 8/26/2004 for $925,000.

Property constructed in 2001

YSale Price (USD) byXSales Year

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Mortgage History

3/28/2023

Arms length residential transactions purchase or resales$2,210,000

Borrower

Gri Llc

Lender

Vista Bank

Book Number

2023.9445

Recording Date

3/28/2023

Transaction Details

Gri Llc borrowed the property from Vista Bank through a Arms length residential transactions purchase or resales transaction on 3/28/2023 for $2,210,000.

3/28/2022

New construction residential transactions$491,719

Borrower

Gri Llc

Lender

Vista Bank

Book Number

202206014678

Recording Date

3/28/2022

Transaction Details

Gri Llc borrowed the property from Vista Bank through a New construction residential transactions transaction on 3/28/2022 for $491,719.

4/18/2019

Sale$150,000

Borrower

Gruene River Inn Ltd

Lender

Book Number

2019.13134

Recording Date

4/18/2019

Transaction Details

Gruene River Inn Ltd borrowed the property from through a transaction on 4/18/2019 for $150,000.

Property constructed in 2001

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$820,383	$318,832	$1,139,215	$1,139,215	Gri Llc	1111 Gruene River Ro...	Gruenecliff 2, Block...	River-Nbn	200268-2	39,566	10,284
2025	$820,383	$318,832	$1,139,215	$1,139,215	Gri Llc	1111 Gruene River Ro...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2024	$1,743,370	$23,090	$1,766,460	$1,766,460	Gri Llc	1111 Gruene River Ro...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2023	$1,041,562	$508,438	$1,550,000	$1,550,000	Gri Llc	1111 Gruene River Ro...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2022	$1,126,310	$878,790	$2,005,100	$2,005,100	Gri Llc	1111 Gruene River Ro...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2021	$854,710	$648,300	$1,503,010	$1,503,010	Gruene River Inn Ltd	1111 Gruene Rd, New ...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2020	$854,710	$715,920	$1,570,630	$1,570,630	Gruene River Inn Ltd	1111 Gruene Rd, New ...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2019	$854,710	$288,370	$1,143,080	$1,143,080	Gruene River Inn Ltd...	1111 Gruene Rd, New ...	Gruenecliff 2, Block...	RIVER-NBN	200268-2	39,566	10,284
2018	$462,010	$681,070	$1,143,080	$1,143,080	Gruene River Inn Ltd...	1111 Gruene Rd, New ...	GRUENECLIFF 2, BLOCK...	RIVER-NBN	200268-2	39,566	10,284
2017	$369,610	$809,510	$1,179,120	$1,179,120	Gruene River Inn Ltd...	1111 Gruene Rd, New ...	GRUENECLIFF 2, BLOCK...	RIVER-NBN	200268-2	39,566	10,284

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	1111 Gruene Rd, New Braunfels, TX 78130	—	-	39,566	2001	10,284	$ 1,139,215	$ 820,383	-
Tejas Bank	371 W Lincoln St, New Braunfels, TX 78130	08/11/2025	$ 219,000	177,159	1984	1,372	$ 572,470	$ 43,540
Security State Bank & Trust	240 S Seguin Ave, New Braunfels, TX 78130	08/01/2025	$ 1,475,000	36,756	1926	27,498	$ 3,233,450	$ 771,500
Us Small Business Admn	2610 Brazos St, Houston, TX 77006	04/10/2025	$ 120,100	6,250	2005	3,384	$ 928,565	$ 468,750
First Financial Bank	9118 Carraway Ln, Magnolia, TX 77354	03/24/2025	$ 600,000	174,240	2024	7,216	$ 619,601	$ 278,784
Schumeryarbrough Dev Llc	1345 N Shepherd Dr, Houston, TX 77008	02/26/2025	$ 500,000	10,000	1933	3,226	$ 1,229,725	$ 1,000,000
Adelante Funding I Ltd	2601 Prospect St, Houston, TX 77004	02/22/2025	$ 435,000	12,208	1935	4,118	$ 749,708	$ 415,072
Texas Gulf Bank	1113 Voight St, Houston, TX 77009	02/19/2025	$ 747,500	7,975	1935	1,196	$ 922,762	$ 877,250	Vecino Homes Development 7 Lp
Us Small Business Admn	6815 Hwy Blvd, Katy, TX 77494	01/13/2025	$ 954,100	48,804	1990	3,980	$ 748,284	$ 638,510
Priority Investor Loans Llc	1412 Quitman St, Houston, TX 77009	12/19/2024	$ 595,000	5,000	1950	2,676	$ 341,227	$ 187,500	L I Z Enterprises Construction Llc
Amres Corporation	1006 Navigation, Houston, TX 77011	12/19/2024	$ 469,000	5,000	1950	6,008	$ 500,803	$ 90,000	Moore Money Llc

Mean$ 8,269,177

Median$ 467,500.0

Loan Amount Range$ 20,000 - $ 96,300,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1111 GRUENE RD, NEW BRAUNFELS, TX 78130-3107	SMILING EYES PHOTO GALLERY	8306297474	WEDDING PHOTOGRAPHERS
1111 GRUENE RD, NEW BRAUNFELS, TX 78130-3107	GRUENE RIVER INN	8306271600	INNS
1111 GRUENE RD, NEW BRAUNFELS, TX 78130-3107	SMILING EYES PHOTO GALLERY	8306297474	PHOTOGRAPHERS-PORTRAIT
1111 GRUENE RD, NEW BRAUNFELS, TX 78130-3107	GRUENE RIVER INN	8306271600	BED & BREAKFAST ACCOMMODATIONS

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Tenant Industry Distribution

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License Details

License Number

32081926233

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

7/27/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	GRI, LLC
	Address Line	1905 e 16th st unit 1
	City / State / Zip	austin TX 78702
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48091
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	78702
Registration Details	SOS Code

License Timeline

License Issued

7/27/2022

Currently Active

Status: -

Renewal Required

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