1137 N Academy Ave, New Braunfels, TX 78130 – Commerical Building / Mixed Residential

CommercialYear Built 2017Total Assessed Value $643,790County Comal

Property Details

The Commercial property 1137 N Academy 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 $643,790.

The gross building area is 2,258 square feet and the land area is 2,483 square feet for this Commerical Building / Mixed Residential built in 2017.

Legal description: Town Creek Phase 1, Block 7, Lot 2R-4

$643,790

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 Area2,258

Land Size2,483

Land Value$119,940

Improved Value$523,850

Total Assessed Value$643,790

Year Built2017

County NameComal

Account Number399095

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Parking Space2

HeatingCentral

Roof CoverOther

Roof TypeGambrel

Type ConstructionOther

No of Stories2

Garage TypeAttached garage 550

Bathrooms3

Exterior WallsOther

Sales History

8/30/2023

Arms-length$594,500

Buyer

Palmer Chase

Seller

Davenport Deborah F

Book Number

2023.28155

Recording Date

8/30/2023

Transaction Details

Palmer Chase acquired the property from Davenport Deborah F through a Arms-length transaction on 8/30/2023 for $594,500.

9/1/2022

Arms-lengthNot Disclosed

Buyer

Schimpf Jay Richard

Seller

Mahaney Nancy E

Book Number

2022.40253

Recording Date

9/1/2022

Transaction Details

Schimpf Jay Richard acquired the property from Mahaney Nancy E through a Arms-length transaction on 9/1/2022 for .

4/15/2022

Arms-length$539,000

Buyer

Davenport Deborah F

Seller

Dale Ackerson James

Book Number

2022.18446

Recording Date

4/15/2022

Transaction Details

Davenport Deborah F acquired the property from Dale Ackerson James through a Arms-length transaction on 4/15/2022 for $539,000.

10/17/2019

Other$405,000

Buyer

Davenport Deborah F

Seller

Book Number

Recording Date

10/17/2019

Transaction Details

Davenport Deborah F acquired the property from through a Other transaction on 10/17/2019 for $405,000.

9/9/2019

Arms-length$445,300

Buyer

Ackerscn Rachel Bailey

Seller

Town Creek Lofts Llc

Book Number

2019.32106

Recording Date

9/9/2019

Transaction Details

Ackerscn Rachel Bailey acquired the property from Town Creek Lofts Llc through a Arms-length transaction on 9/9/2019 for $445,300.

Property constructed in 2017

YSale Price (USD) byXSales Year

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Mortgage History

8/30/2023

New construction residential transactions$564,775

Borrower

Palmer Chase

Lender

Mortgage 1 Incorporated

Book Number

2023.28156

Recording Date

8/30/2023

Transaction Details

Palmer Chase borrowed the property from Mortgage 1 Incorporated through a New construction residential transactions transaction on 8/30/2023 for $564,775.

9/9/2019

New construction residential transactions$356,250

Borrower

Ackerscn Rachel Bailey

Lender

Fairway Independent Mortgage Corp

Book Number

2019.32107

Recording Date

9/9/2019

Transaction Details

Ackerscn Rachel Bailey borrowed the property from Fairway Independent Mortgage Corp through a New construction residential transactions transaction on 9/9/2019 for $356,250.

Property constructed in 2017

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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	$119,940	$523,850	$643,790	$643,790	Palmer Chase	1137 N Academy Ave, ...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2025	$115,900	$581,630	$697,530	$697,530	Palmer Chase	1137 N Academy Ave, ...	Town Creek Phase 1, ...	458B503	Town Creek 1	2,483	2,258
2024	$69,500	$525,000	$594,500	$594,500	Palmer Chase	1137 N Academy Ave, ...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2023	$69,500	$605,020	$674,520	$674,520	Davenport Deborah F	1543 Via Principale,...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2022	$69,500	$430,660	$400,796	$500,160	Davenport Deborah F	1543 Via Principale,...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2021	$49,720	$314,640	$364,360	$364,360	Ackerson Rachel B & ...	1137 N Academy Ave, ...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2020	$49,720	$290,990	$340,710	$340,710	Ackerson Rachel B & ...	1137 N Academy Ave, ...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2019	$33,070	$311,840	$344,910	$344,910	Ackerscn, Rachel Bai...	1157 Turtle Trl, New...	Town Creek Phase 1, ...	458B503	550605	2,483	2,258
2018	$33,070	$178,960	$212,030	$212,030	Town Creek Lofts Llc	1157 Turtle Trl, New...	TOWN CREEK PHASE 1, ...	458B502	550605	2,483	2,258
2017	$33,070	-	$33,070	$33,070	Town Creek Lofts Llc	1157 Turtle Trl, New...	TOWN CREEK 1, BLOCK ...	458B502	550605	2,483	-

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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 ↕
—	1137 N Academy Ave, New Braunfels, TX 78130	—	-	2,483	2017	2,258	$ 643,790	$ 119,940	-
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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