1723 Herbelin Rd, New Braunfels, TX 78132 – Senior Center/Community Center

CommercialYear Built 2011Total Assessed Value $3,233,270County Comal

Property Details

The Commercial property 1723 Herbelin Rd, New Braunfels, TX 78132 is located in Comal County. The specific property type is Senior Center/Community Center. The total assessed value of this property is $3,233,270.

The gross building area is 21,350 square feet and the land area is 543,934 square feet for this Senior Center/Community Center built in 2011.

Legal description: A-616 Sur-349 J M Tejerino, Acres 12.487, A-698 Sur-839 Gwt & P Rr A-698 Sur-839 Gwt & P Rr

$3,233,270

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeSenior Center/Community Center

Building Area21,350

Land Size543,934

Land Value$384,380

Improved Value$2,848,890

Total Assessed Value$3,233,270

Year Built2011

County NameComal

Account Number363584

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood

Roof TypeGable

Type ConstructionOther

No of Stories2

Exterior WallsRock, stone

Sales History

7/26/2022

Arms-lengthNot Disclosed

Buyer

Store Master Funding Xi Llc

Seller

Ksw Holdings Lp

Book Number

2022.34168

Recording Date

7/26/2022

Transaction Details

Store Master Funding Xi Llc acquired the property from Ksw Holdings Lp through a Arms-length transaction on 7/26/2022 for .

6/22/2022

Arms-length$2,886,100

Buyer

Store Master Funding Xi Llc

Seller

Ksw Holdings Lp

Book Number

202206034164

Recording Date

6/22/2022

Transaction Details

Store Master Funding Xi Llc acquired the property from Ksw Holdings Lp through a Arms-length transaction on 6/22/2022 for $2,886,100.

6/22/2022

Arms-length$45,979,315

Buyer

Ksw Hospitality Llc

Seller

Ksw Holdings Lp

Book Number

202206034165

Recording Date

6/22/2022

Transaction Details

Ksw Hospitality Llc acquired the property from Ksw Holdings Lp through a Arms-length transaction on 6/22/2022 for $45,979,315.

9/11/2017

Arms-lengthNot Disclosed

Buyer

Ksw Holdings Lp

Seller

Bonalder Sprigns Llc

Book Number

2017.43290

Recording Date

9/11/2017

Transaction Details

Ksw Holdings Lp acquired the property from Bonalder Sprigns Llc through a Arms-length transaction on 9/11/2017 for .

7/30/2009

Arms-lengthNot Disclosed

Buyer

Franklin D Houser

Seller

Houser Franklin D

Book Number

200906026707

Recording Date

7/30/2009

Transaction Details

Franklin D Houser acquired the property from Houser Franklin D through a Arms-length transaction on 7/30/2009 for .

Property constructed in 2011

YSale Price (USD) byXSales Year

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Mortgage History

7/27/2022

Sale$2,170,000

Borrower

Store Master Funding Xi Llc

Lender

Citibank

Book Number

202206034166

Recording Date

7/27/2022

Transaction Details

Store Master Funding Xi Llc borrowed the property from Citibank through a transaction on 7/27/2022 for $2,170,000.

6/24/2011

Reo and trustee deeds$530,000

Borrower

Boulder Springs Llc

Lender

Schertz Bank & Trust

Book Number

2011.6023198

Recording Date

6/24/2011

Transaction Details

Boulder Springs Llc borrowed the property from Schertz Bank & Trust through a Reo and trustee deeds transaction on 6/24/2011 for $530,000.

11/4/2010

Helocs both purchase money and non purchase money helocs$491,000

Borrower

Boulder Springs Llc

Lender

Texas Certified Development Company Inc

Book Number

2010.6037642

Recording Date

11/4/2010

Transaction Details

Boulder Springs Llc borrowed the property from Texas Certified Development Company Inc through a Helocs both purchase money and non purchase money helocs transaction on 11/4/2010 for $491,000.

Property constructed in 2011

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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	$384,380	$2,848,890	$3,233,270	$3,233,270	Store Master Funding...	8377 E Hartford Dr S...	A-616 Sur-349 J M Te...	Rural1	A0616	543,934	21,350
2025	$336,330	$2,868,370	$3,204,700	$3,204,700	Store Master Funding...	8377 E Hartford Dr S...	A-616 Sur-349 J M Te...	Rural1	A0616	543,934	21,350
2024	$336,330	$3,000,560	$3,000,000	$3,336,890	Store Master Funding...	8377 E Hartford Dr S...	A-616 Sur-349 J M Te...	RURAL1	A0616	543,934	21,350
2023	$343,250	$2,565,904	$2,909,154	$2,909,154	Store Master Funding...	8377 E Hartford Dr S...	A-616 Sur-349 J M Te...	RURAL1	A0616	543,934	21,350
2022	$338,110	$2,721,430	$3,059,540	$3,059,540	Ksw Holding Lp	1851 Turbeville Rd, ...	A-616 Sur-349 J M Te...	RURAL1	A0616	543,934	21,350
2021	$238,280	$2,405,900	$2,644,180	$2,644,180	Ksw Holding Lp	1851 Turbeville Rd, ...	A-616 SUR-349 J M TE...	L1	JOSE MARIA TEJERINO ...	543,934	9,420
2020	$238,280	$2,214,600	$2,452,880	$2,452,880	Ksw Holding Lp	1851 Turbeville Rd, ...	A-616 Sur-349 J M Te...	RURAL1	A0616	543,934	21,350
2019	$230,180	$1,859,820	$2,090,000	$2,090,000	Ksw Holding Lp; Dba ...	1865 Turbeville Rd, ...	A-616 Sur-349 J M Te...	RURAL1	A0616	543,934	21,350
2018	$230,180	$1,931,770	$2,161,950	$2,161,950	Ksw Holding Lp; Dba ...	2602 Lillian Miller ...	A-616 SUR-349 J M TE...	RURAL1	A0616	543,934	21,350
2017	$107,860	$1,799,610	$1,907,470	$1,907,470	Boulder Springs Llc;...	2737 W Sanborn Dr, R...	A-616 SUR-349 J M TE...	RURAL1	A0616	449,757	18,950

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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 ↕
—	1723 Herbelin Rd, New Braunfels, TX 78132	—	-	543,934	2011	21,350	$ 3,233,270	$ 384,380	-
Simmons Bank	4454 Fm 482, New Braunfels, TX 78132	08/11/2025	$ 19,000,000	659,106	2022	3,384	$ 1,099,636	$ 889,790	Wpm Inc
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
Texas Partners Bank	803 Buck Creek, Bandera, TX 78003	07/21/2025	$ 400,000	123,972	2014	11,640	$ 1,819,350	$ 364,480	Bandera County Committee On Ag
Bermuda Properties Llc	3664 N Hwy 78, Bohnam, TX 75418	07/15/2025	$ 97,903	589,149	2023	2,220	$ 1,930,400	$ 224,820	Two Crazy Frogs Llc
Texas Bank	3550 W University Dr, Mckinney, TX 75071	06/10/2025	$ 3,300,000	101,059	2017	32,800	$ 5,255,650	$ 1,263,240	3550 University 300 Llc
Palm Harbor Villages Inc	4521 Laurie Michelle Rd, San Antonio, TX 78261	06/03/2025	$ 330,950	0	2020	1,800	$ 126,130	-
Texas Heritage Bank	17 Old San Antonio Rd, Boerne, TX 78006	05/14/2025	$ 197,911	252,212	2009	27,937	$ 3,746,940	$ 732,210	Rainbow Senior Center Foundati
Mayfair Private Trust Company	1600 Murphy Ave, Donna, TX 78537	04/28/2025	$ 2,700,000	54,014	2023	17,774	$ 1,517,942	$ 864,230	Shops At 493lot 10 Ltd
Sms Finl Strategic Inv V Llc	8822 Apple St, Kingston, OK 73439	04/28/2025	$ 9,230,000	30,056	1995	2,159	-	-
Centennial Bank	501 Birdwell Ln, Big Spring, TX 79720	04/15/2025	$ 1,500,000	0	1983	1,950	$ 73,672	-	-

Mean$ 6,501,255

Median$ 860,250.0

Loan Amount Range$ 83,150 - $ 32,000,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1723 HERBELIN RD, NEW BRAUNFELS, TX 78132-1838	BOULDER SPRINGS	8308855589	NONCLASSIFIED ESTABLISHMENTS
1723 HERBELIN RD, NEW BRAUNFELS, TX 78132-1838	SPRINGS IN NEW BRAUNFELS	5125855899	WEDDING CHAPELS

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License Details

License Number

32058833263

Receipts

Issued By

Mixed Beverage

State Authority

Issue Date

2/1/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	KSW MILESTONE, LLC
	Address Line	1851 turbeville rd
	City / State / Zip	hickory creek TX 75065
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	75065
Registration Details	SOS Code

License Timeline

License Issued

2/1/2022

Currently Active

Status: -

Renewal Required

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