1297 E Common St, New Braunfels, TX 78130 – Commercial Space Condos

CommercialYear Built 1983Total Assessed Value $207,970County Comal

Property Details

The Commercial property 1297 E Common St, 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 $207,970.

The gross building area is 1,200 square feet and the land area is 58,980 square feet for this Commercial Space Condos built in 1983.

Legal description: Rivercrest Plaza Condo, Bldg A, Unit 20-21-22

$207,970

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Space Condos

Building Area1,200

Land Size58,980

Land Value$48,850

Improved Value$159,120

Total Assessed Value$207,970

Year Built1983

County NameComal

Account Number50879

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverComposition shingle

Roof TypeGable

Type ConstructionOther

No of Stories1

Exterior WallsBrick veneer

Sales History

11/1/2016

OtherNot Disclosed

Buyer

Seller

Book Number

Recording Date

11/1/2016

Transaction Details

acquired the property from through a Other transaction on 11/1/2016 for .

2/4/2015

Arms-length$178,500

Buyer

Stace Vercher Cpa Pllc

Seller

FRENCH MARCI M DBA TUTORING CENTER OF N B

Book Number

201506004654

Recording Date

2/4/2015

Transaction Details

Stace Vercher Cpa Pllc acquired the property from FRENCH MARCI M DBA TUTORING CENTER OF N B through a Arms-length transaction on 2/4/2015 for $178,500.

5/19/2006

OtherNot Disclosed

Buyer

FRENCH MARCI M DBA TUTORING CENTER OF N B

Seller

DORRANCE CRAIG R & LINDA

Book Number

200606020631

Recording Date

5/19/2006

Transaction Details

FRENCH MARCI M DBA TUTORING CENTER OF N B acquired the property from DORRANCE CRAIG R & LINDA through a Other transaction on 5/19/2006 for .

5/16/2005

Arms-length$250,000

Buyer

French Marci M

Seller

Dorrance Craig R

Book Number

2006.6020631

Recording Date

5/16/2005

Transaction Details

French Marci M acquired the property from Dorrance Craig R through a Arms-length transaction on 5/16/2005 for $250,000.

Property constructed in 1983

YSale Price (USD) byXSales Year

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Mortgage History

2/4/2015

New construction residential transactions$178,500

Borrower

Stace Vercher Cpa Pllc

Lender

Jefferson Bank

Book Number

201506004655

Recording Date

2/4/2015

Transaction Details

Stace Vercher Cpa Pllc borrowed the property from Jefferson Bank through a New construction residential transactions transaction on 2/4/2015 for $178,500.

5/16/2005

New construction residential transactions$200,000

Borrower

French Marci M

Lender

Book Number

Recording Date

5/16/2005

Transaction Details

French Marci M borrowed the property from through a New construction residential transactions transaction on 5/16/2005 for $200,000.

Property constructed in 1983

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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	$48,850	$159,120	$207,970	$207,970	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-Lp337	C8365	58,980	1,200
2025	$51,140	$153,460	$204,600	$204,600	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-Lp337	C8365	58,980	1,200
2024	$54,410	$160,730	$215,140	$215,140	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	C8365	58,980	1,200
2023	$54,410	$313,750	$368,160	$368,160	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2022	$54,410	$166,270	$220,680	$220,680	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2021	$54,410	$135,690	$190,100	$190,100	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2020	$74,610	$120,480	$195,090	$195,090	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2019	$74,610	$114,700	$189,310	$189,310	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2018	$30,470	$102,470	$132,940	$132,940	Stace Vercher Cpa Pl...	1297 Common St, New ...	RIVERCREST PLAZA CON...	C458-LP337	450785	58,980	1,200
2017	$30,470	$71,920	$102,390	$102,390	Stace Vercher Cpa Pl...	1297 Common St, New ...	RIVERCREST PLAZA CON...	C458-LP337	450785	58,980	1,200

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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 ↕
—	1297 E Common St, New Braunfels, TX 78130	—	-	58,980	1983	1,200	$ 207,970	$ 48,850	-
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 ↕
1297 E COMMON ST # 1, NEW BRAUNFELS, TX 78130-3540	STACE VERCHER PLLC	8302146315	ACCOUNTANTS
1297 E COMMON ST # 1, NEW BRAUNFELS, TX 78130-3540	STACE VERCHER PLLC	8302146315	TAX RETURN PREPARATION & FILING

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License Details

License Number

32083406200

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

2/26/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SOUTHERN SIPS, LLC
	Address Line	1297 e common st
	City / State / Zip	new braunfels TX 78130
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	78130
Registration Details	SOS Code	A

License Timeline

License Issued

2/26/2022

Currently Active

Status: -

Renewal Required

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