1619 E Common St 501, New Braunfels, TX 78130 – Commercial Space Condos

CommercialYear Built 2007Total Assessed Value $298,270County Comal

Property Details

The Commercial property 1619 E Common St 501, New Braunfels, TX 78130 is located in Comal County. The specific property type is Commercial Space Condos. The total assessed value of this property is $298,270.

The gross building area is 1,000 square feet and the land area is 204,427 square feet for this Commercial Space Condos built in 2007.

Legal description: Nb Canyon Vista Office Condo, Bldg E, Unit 501

$298,270

Market Value

N/A

Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Space Condos

Building Area1,000

Land Size204,427

Land Value$56,450

Improved Value$241,820

Total Assessed Value$298,270

Year Built2007

County NameComal

Account Number151500

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverComposition shingle

Roof TypeGable

Type ConstructionOther

No of Stories1

Number of Units501

Exterior WallsCombination

Sales History

4/20/2023

Arms-length$532,000

Buyer

Mitak Properties Llc

Seller

Innovative Real Estate Llc

Book Number

202306012272

Recording Date

4/20/2023

Transaction Details

Mitak Properties Llc acquired the property from Innovative Real Estate Llc through a Arms-length transaction on 4/20/2023 for $532,000.

9/12/2007

Arms-length$168,800

Buyer

Gunderson Gregory N

Seller

Nb Canyon Vista Partners Lp

Book Number

2007.6039264

Recording Date

9/12/2007

Transaction Details

Gunderson Gregory N acquired the property from Nb Canyon Vista Partners Lp through a Arms-length transaction on 9/12/2007 for $168,800.

Property constructed in 2007

YSale Price (USD) byXSales Year

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Mortgage History

4/20/2023

New construction residential transactions$400,000

Borrower

Mitak Properties Llc

Lender

American Bank

Book Number

202306012273

Recording Date

4/20/2023

Transaction Details

Mitak Properties Llc borrowed the property from American Bank through a New construction residential transactions transaction on 4/20/2023 for $400,000.

3/30/2021

Helocs both purchase money and non purchase money helocs$257,000

Borrower

Innovative Real Estate Llc

Lender

Book Number

2021.17209

Recording Date

3/30/2021

Transaction Details

Innovative Real Estate Llc borrowed the property from through a Helocs both purchase money and non purchase money helocs transaction on 3/30/2021 for $257,000.

11/4/2019

Arms length residential transactions purchase or resales$272,000

Borrower

Innovative Real Real Estate Llc

Lender

Prosperity Bank

Book Number

201906040103

Recording Date

11/4/2019

Transaction Details

Innovative Real Real Estate Llc borrowed the property from Prosperity Bank through a Arms length residential transactions purchase or resales transaction on 11/4/2019 for $272,000.

8/26/2014

Arms length residential transactions purchase or resales$242,000

Borrower

Gunderson Gregory N

Lender

Prosperity Bank

Book Number

201406030161

Recording Date

8/26/2014

Transaction Details

Gunderson Gregory N borrowed the property from Prosperity Bank through a Arms length residential transactions purchase or resales transaction on 8/26/2014 for $242,000.

9/12/2007

New construction residential transactions$135,000

Borrower

Gunderson Gregory N

Lender

First State Bank

Book Number

2007.39265

Recording Date

9/12/2007

Transaction Details

Gunderson Gregory N borrowed the property from First State Bank through a New construction residential transactions transaction on 9/12/2007 for $135,000.

Property constructed in 2007

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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	$56,450	$241,820	$298,270	$298,270	Mitak Properties Llc	1340 Country Ridge D...	Nb Canyon Vista Offi...	C425-Comm	C6700	204,427	1,000
2025	$39,290	$230,830	$270,120	$270,120	Mitak Properties Llc	1340 Country Ridge D...	Nb Canyon Vista Offi...	C425-COMM	C6700	204,427	1,000
2024	$41,360	$238,810	$280,170	$280,170	Mitak Properties Llc	1340 Country Ridge D...	Nb Canyon Vista Offi...	C425-COMM	C6700	204,427	1,000
2023	$38,190	$185,830	$224,020	$224,020	Mitak Properties Llc	1340 Country Ridge D...	Nb Canyon Vista Offi...	C425-COMM	380240	204,427	1,000
2022	$38,190	$208,800	$246,990	$246,990	Innovative Real Esta...	1619 Common Street S...	Nb Canyon Vista Offi...	C425-COMM	380240	204,427	1,000
2021	$23,940	$162,160	$186,100	$186,100	Innovative Real Esta...	1619 Common Street S...	Nb Canyon Vista Offi...	C425-COMM	380240	204,427	1,000
2020	$23,940	$142,400	$166,340	$166,340	Innovative Real Esta...	1619 Common Street S...	Nb Canyon Vista Offi...	C425-COMM	380240	204,427	1,000
2019	$23,940	$133,490	$157,430	$157,430	Gunderson Gregory N ...	1619 E Common St Ste...	N B Canyon Vista Off...	C425-COMM	380240	204,427	1,000
2018	$23,940	$135,210	$159,150	$159,150	Gunderson Gregory N ...	1619 Common St Ste 5...	N B CANYON VISTA OFF...	C425-COMM	380240	204,427	61,000
2017	$23,940	$135,220	$159,160	$159,160	Gunderson Gregory N ...	1619 Common St Ste 5...	N B CANYON VISTA OFF...	C425-COMM	380240	204,427	1,000

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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 ↕
—	1619 E Common St 501, New Braunfels, TX 78130	—	-	204,427	2007	1,000	$ 298,270	$ 56,450	-
Metairie Bank & Trust Company	16173 Perkins Rd, Baton Rouge, LA 70810	08/13/2025	$ 750,000	4,792	0	-	$ 80,380	$ 79,000	Cldj Properties Llc
Tejas Bank	371 W Lincoln St, New Braunfels, TX 78130	08/11/2025	$ 219,000	177,159	1984	1,372	$ 572,470	$ 43,540
Bonvenu Bank Na	9247 Bluebonnet Blvd SteA, Baton Rouge, LA 70810	07/18/2025	$ 55,000	43,560	2004	2,564	$ 58,300	$ 130,350
Highland Homeloans Llc	786 S Castell Ave, New Braunfels, TX 78130	05/23/2025	$ 160,000	18,121	1985	300	$ 19,720	$ 10,490
Bank Of Zachary	1215 Independence Blvd Ste4, Zachary, LA 70791	04/24/2025	$ 362,000	43,560	0	-	$ 84,740	$ 165,000	Servant Properties Llc
Afm Investments Llc	62 Main St, Colleyville, TX 76034	03/09/2025	$ 478,936	0	2002	5,151	$ 182,160	$ 40,000
Afm Investments Llc	62 Main St, Colleyville, TX 76034	03/09/2025	$ 478,936	0	2002	5,151	$ 182,160	$ 40,000	-
Afm Investments Llc	62 Main St, Colleyville, TX 76034	03/09/2025	$ 478,936	0	2002	3,348	$ 554,429	$ 40,000	-
Afm Investments Llc	62 Main St, Colleyville, TX 76034	03/09/2025	$ 478,936	0	2002	3,348	$ 554,429	$ 40,000
First Horizon Bank	2171 Quail Run, Baton Rouge, LA 70808	02/20/2025	$ 600,000	43,560	1997	3,250	$ 93,984	$ 137,060	Z Squared Llc

Mean$ 412,449

Median$ 420,500.0

Loan Amount Range$ 55,000 - $ 1,211,250

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
1619 E COMMON ST STE 101, NEW BRAUNFELS, TX 78130-3453	TEAM HOUSING SOLUTIONS	8306098855	REAL ESTATE
1619 E COMMON ST STE 504, NEW BRAUNFELS, TX 78130-3457	CARLETON FINANCIAL SVC	2106532342	INSURANCE
1619 E COMMON ST STE 301, NEW BRAUNFELS, TX 78130-3455	CASA	8306262272	SOCIAL SERVICE & WELFARE ORGANIZATIONS
1619 E COMMON ST, NEW BRAUNFELS, TX 78130-3452	SOUTHWEST SCHOOL OF BUSINESS	8306267007	MANAGEMENT SERVICES
1619 E COMMON ST, NEW BRAUNFELS, TX 78130-3452	CASA OF CENTRAL TEXAS INC	5123923578	SOCIAL SERVICES NEC
1619 E COMMON ST STE 403, NEW BRAUNFELS, TX 78130-3456	BAUMAN JR, WENDALL C MD	8306260602	MEDICAL & SURGICAL SVC ORGANIZATIONS
1619 E COMMON ST STE 101, NEW BRAUNFELS, TX 78130-3453	TEAM HOUSING SOLUTIONS	8306098855	HOTELS & MOTELS
1619 E COMMON ST STE 301, NEW BRAUNFELS, TX 78130-3455	CASA OF CENTRAL TEXAS	8306262272	FEDERAL GOVERNMENT CONTRACTORS
1619 E COMMON ST STE 101, NEW BRAUNFELS, TX 78130-3453	TEAM HOUSING SOLUTIONS	8306098855	REAL ESTATE INSPECTION
1619 E COMMON ST STE 1104, NEW BRAUNFELS, TX 78130-3463	RHINO SHIELD CENTRAL SOUTH	8306081080	PAINTERS

Showing 1 to 10 of 39 entries

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License Details

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