240 S Seguin Ave, New Braunfels, TX 78130 – Commerical Building / Mixed Residential

CommercialYear Built 1926Total Assessed Value $3,704,430County Comal

Property Details

The Commercial property 240 S Seguin Ave, 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 $3,704,430.

The gross building area is 27,498 square feet and the land area is 36,756 square feet for this Commerical Building / Mixed Residential built in 1926.

Legal description: City Of New Braunfels, New City Block 1004, Lot 57 & 71

$3,704,430

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 Area27,498

Land Size36,756

Land Value$771,500

Improved Value$2,932,930

Total Assessed Value$3,704,430

Year Built1926

County NameComal

Account Number61

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Parking Space1

HeatingNone

Roof CoverTile

Roof TypeFlat

Type ConstructionOther

No of Stories2

Garage TypeCarport 0

Basement2560

Number of Units61

Exterior WallsBrick veneer

Sales History

5/2/2022

Other$5,281,250

Buyer

Das Faustian Bargain Llc

Seller

POWEROHM PROPERTIES LLC

Book Number

Recording Date

5/2/2022

Transaction Details

Das Faustian Bargain Llc acquired the property from POWEROHM PROPERTIES LLC through a Other transaction on 5/2/2022 for $5,281,250.

5/2/2022

Sale$5,281,250

Buyer

Das Faustian Bargain Llc

Seller

POWEROHM PROPERTIES LLC

Book Number

Recording Date

5/2/2022

Transaction Details

Das Faustian Bargain Llc acquired the property from POWEROHM PROPERTIES LLC through a transaction on 5/2/2022 for $5,281,250.

11/1/2014

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

11/1/2014

Transaction Details

acquired the property from through a Other transaction on 11/1/2014 for .

2/3/2011

Arms-lengthNot Disclosed

Buyer

Blank Doug

Seller

Hollowell Lorene

Book Number

2011.6005338

Recording Date

2/3/2011

Transaction Details

Blank Doug acquired the property from Hollowell Lorene through a Arms-length transaction on 2/3/2011 for .

7/29/2009

Arms-lengthNot Disclosed

Buyer

Powerohm Properties Llc

Seller

ABBEY ROBERT M & JUDITH L

Book Number

200906026538

Recording Date

7/29/2009

Transaction Details

Powerohm Properties Llc acquired the property from ABBEY ROBERT M & JUDITH L through a Arms-length transaction on 7/29/2009 for .

7/28/2009

Arms-length$1,108,400

Buyer

Powerohm Properties Llc

Seller

Abbey Robert M

Book Number

200906026538

Recording Date

7/28/2009

Transaction Details

Powerohm Properties Llc acquired the property from Abbey Robert M through a Arms-length transaction on 7/28/2009 for $1,108,400.

Property constructed in 1926

YSale Price (USD) byXSales Year

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Mortgage History

8/1/2025

Arms length residential transactions purchase or resales$1,475,000

Borrower

Hannah Carl Duettra 2021 Gst T

Lender

Security State Bank & Trust

Book Number

2025.24662

Recording Date

8/1/2025

Transaction Details

Hannah Carl Duettra 2021 Gst T borrowed the property from Security State Bank & Trust through a Arms length residential transactions purchase or resales transaction on 8/1/2025 for $1,475,000.

8/30/2024

Arms length residential transactions purchase or resales$20,000

Borrower

Lender

Adobe Abode Real Estate Lp

Book Number

2024.26350

Recording Date

8/30/2024

Transaction Details

borrowed the property from Adobe Abode Real Estate Lp through a Arms length residential transactions purchase or resales transaction on 8/30/2024 for $20,000.

10/17/2024

Arms length residential transactions purchase or resales$10,000,000

Borrower

Das Faustian Bargain Llc

Lender

Susser Bank

Book Number

2024.32116

Recording Date

10/17/2024

Transaction Details

Das Faustian Bargain Llc borrowed the property from Susser Bank through a Arms length residential transactions purchase or resales transaction on 10/17/2024 for $10,000,000.

3/3/2011

Arms length residential transactions purchase or resales$50,000

Borrower

Blank Doug

Lender

Real Estate Lending Group L L C

Book Number

201106008869

Recording Date

3/3/2011

Transaction Details

Blank Doug borrowed the property from Real Estate Lending Group L L C through a Arms length residential transactions purchase or resales transaction on 3/3/2011 for $50,000.

Property constructed in 1926

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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	$771,500	$2,932,930	$3,704,430	$3,704,430	Das Faustian Bargain...	3805 Wentwood Drive,...	City Of New Braunfel...	C458-Cbd	Cb1004	36,756	27,498
2025	$771,500	$2,461,950	$3,233,450	$3,233,450	Das Faustian Bargain...	3805 Wentwood Drive,...	City Of New Braunfel...	C458-CBD	Cb1004	36,756	27,498
2024	$722,767	$4,177,233	$4,462,668	$4,900,000	Das Faustian Bargain...	3805 Wentwood Drive,...	City Of New Braunfel...	C458-CBD	Cb1004	36,756	27,498
2023	$711,960	$3,006,930	$3,718,890	$3,718,890	Das Faustian Bargain...	3805 Wentwood Drive,...	City Block 1004, Lot...	C458-CBD	Cb1004	36,756	27,498
2022	$711,960	$2,479,630	$3,191,590	$3,191,590	Das Faustian Bargain...	3805 Wentwood Drive,...	City Block 1004, Lot...	C458-CBD	CB1004	36,756	27,498
2021	$346,672	$2,553,328	$2,900,000	$2,900,000	Powerohm Properties ...	240 S Seguin Ave, Ne...	City Block 1004, Lot...	C458-CBD	CB1004	36,756	27,498
2020	$387,040	$2,850,650	$3,237,690	$3,237,690	Powerohm Properties ...	240 S Seguin Ave, Ne...	City Block 1004, Lot...	C458-CBD	CB1004	36,756	27,498
2019	$387,040	$2,636,721	$3,023,761	$3,023,761	Powerohm Properties ...	4 Vantage Pt, New Br...	City Block 1004, Lot...	C458-CBD	CB1004	36,756	27,498
2018	$387,040	$2,942,040	$3,329,080	$3,329,080	Powerohm Properties ...	4 Vantage Pt, New Br...	CITY BLOCK 1004, LOT...	C458-CBD	CB1004	36,756	27,498
2017	$387,040	$2,143,800	$2,530,840	$2,530,840	Powerohm Properties ...	5713 13th St, Katy, ...	CITY BLOCK 1004, LOT...	C458-CBD	CB1004	36,756	27,498

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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 ↕
—	240 S Seguin Ave, New Braunfels, TX 78130	—	-	36,756	1926	27,498	$ 3,704,430	$ 771,500	-
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
Highland Homeloans Llc	786 S Castell Ave, New Braunfels, TX 78130	05/23/2025	$ 160,000	18,121	1985	300	$ 19,720	$ 10,490
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
Lennar Mortgage Llc	937 Lady Sheryl St, New Braunfels, TX 78163	01/22/2025	$ 255,999	448,581	1980	79	$ 2,812,544	$ 2,121,790
Us Small Business Admn	6815 Hwy Blvd, Katy, TX 77494	01/13/2025	$ 954,100	48,804	1990	3,980	$ 748,284	$ 638,510

Mean$ 8,287,082

Median$ 487,897.5

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 ↕
240 S SEGUIN AVE, NEW BRAUNFELS, TX 78130-5119	FAUST HOTEL	8306257791	HOTELS & MOTELS
240 S SEGUIN AVE, NEW BRAUNFELS, TX 78130-5119	FAUST	8306257791	BARS
240 S SEGUIN AVE, NEW BRAUNFELS, TX 78130-5119	FAUST	8306257791	NIGHT CLUBS

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License Details

License Number

32082508329

Receipts

Issued By

Mixed Beverage

State Authority

Issue Date

6/2/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	DAS FAUSTIAN BARGAIN, LLC
	Address Line	11700 preston rd ste 660
	City / State / Zip	dallas TX 75230
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	75230
Registration Details	SOS Code

License Timeline

License Issued

6/2/2022

Currently Active

Status: -

Renewal Required

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