625 Creekside Way, New Braunfels, TX 78130 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2012Total Assessed Value $79,883,020County Comal

Property Details

The Apartments property 625 Creekside Way, New Braunfels, TX 78130 is located in Comal County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $79,883,020.

The gross building area is 391,863 square feet and the land area is 827,640 square feet for this Apartment Garden (1 - 4 stories) built in 2012.

Legal description: New Braunfels Town Center Multifmly & Crksd Wy Ext, Block 1, Lot 1

$79,883,020

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,556

Avg Rent

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area391,863

Land Size827,640

Land Value$5,452,490

Improved Value$74,430,530

Total Assessed Value$79,883,020

Year Built2012

County NameComal

Account Number378755

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

No of Stories1

Garage TypeCovered Parking/Carport,Attached Garages

Bathrooms22

Access Gates1

Jogging Trail1

Business Center1

Walk-in Closets1

Number of Units395

Sales History

8/2/2022

Arms-length$65,170,000

Buyer

Cncswagat Four Limited Partnership

Seller

Bes Creekside Fund Xiii Llc

Book Number

202206035482

Recording Date

8/2/2022

Transaction Details

Cncswagat Four Limited Partnership acquired the property from Bes Creekside Fund Xiii Llc through a Arms-length transaction on 8/2/2022 for $65,170,000.

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

7/1/2024

Arms length residential transactions purchase or resales$55,076,400

Borrower

Cncswagat Four Limited Partne

Lender

Greystone Funding Company Llc

Book Number

2024.21367

Recording Date

7/1/2024

Transaction Details

Cncswagat Four Limited Partne borrowed the property from Greystone Funding Company Llc through a Arms length residential transactions purchase or resales transaction on 7/1/2024 for $55,076,400.

8/5/2022

Sale$49,000,000

Borrower

Cncswagat Four Limited Partnership

Lender

Greystone Servicing Company Llc

Book Number

202206035483

Recording Date

8/5/2022

Transaction Details

Cncswagat Four Limited Partnership borrowed the property from Greystone Servicing Company Llc through a transaction on 8/5/2022 for $49,000,000.

1/9/2015

Reo and trustee deeds$364,000

Borrower

Huf Alan

Lender

First Commercial Bank

Book Number

201506001296

Recording Date

1/9/2015

Transaction Details

Huf Alan borrowed the property from First Commercial Bank through a Reo and trustee deeds transaction on 1/9/2015 for $364,000.

4/12/2012

Reo and trustee deeds$25,640,000

Borrower

Western Rim Investors 20112 Lp

Lender

Wells Fargo Bank

Book Number

201206012738

Recording Date

4/12/2012

Transaction Details

Western Rim Investors 20112 Lp borrowed the property from Wells Fargo Bank through a Reo and trustee deeds transaction on 4/12/2012 for $25,640,000.

Property constructed in 2012

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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	$5,452,490	$71,987,880	$77,440,370	$77,440,370	Cncswagat Four Lp	4420 Crypess Pkwy St...	New Braunfels Town C...	C425-Cs	380449-Mf	827,640	391,863
2025	$6,503,479	$57,496,521	$64,000,000	$64,000,000	Cncswagat Four Lp	4420 Crypess Pkwy St...	New Braunfels Town C...	C425-CS	380449-Mf	827,640	391,863
2024	$5,452,490	$78,278,260	$83,730,750	$83,730,750	Cnc-swagat Four Lp	4420 Crypess Pkwy St...	New Braunfels Town C...	C425-CS	380449-Mf	827,640	391,863
2023	$5,008,414	$64,991,586	$70,000,000	$70,000,000	Cnc-swagat Four Lp	4420 Crypess Pkwy St...	New Braunfels Town C...	C425-CS	380449-Mf	827,640	391,863
2022	$3,677,834	$47,925,052	$51,602,886	$51,602,886	Bes Creekside Fund X...	Attn Scott Gould, 40...	New Braunfels Town C...	C425-CS	380449-MF	827,640	391,863
2021	$4,062,848	$47,540,038	$51,602,886	$51,602,886	Bes Creekside Fund X...	400 Skokie Blvd Ste ...	New Braunfels Town C...	C425-CS	380449-MF	827,640	359,239
2020	$4,543,740	$51,311,320	$55,855,060	$55,855,060	Pac Creekside Llc	% Preferred Apartmen...	New Braunfels Town C...	C425-CS	380449-MF	827,640	359,239
2019	$3,409,880	$42,590,120	$46,000,000	$46,000,000	Pac Creekside Llc; D...	% Preferred Apartmen...	New Braunfels Town C...	C425-CS	380449-MF	827,640	359,239
2018	$3,409,880	$46,119,170	$49,529,050	$49,529,050	Pac Creekside Llc; D...	% Preferred Apartmen...	NEW BRAUNFELS TOWN C...	C425-CS	380449-MF	827,640	359,239
2017	$3,409,880	$46,149,190	$49,559,070	$49,559,070	Pac Creekside Llc; D...	% Preferred Apartmen...	NEW BRAUNFELS TOWN C...	C425-CS	380449-MF	827,640	359,239

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
625 Creekside Way, New Braunfels, TX 78130	378755	Apartments	Apartment Garden (1 - 4 stories)	Cncswagat Four Lp	Comal	-	$ 65,170,000	2022-08-02	$ 166.31	2012	391,863	395
2056 Sundance Pkwy, New Braunfels, TX 78130	376665	Apartments	Apartment Garden (1 - 4 stories)	2056 Sundance Property Llc	Comal	1.8	$ 30,417,100	2024-06-14	$ 116.39	2012	261,332	252
451 Fm 306, New Braunfels, TX 78130	440620	Apartments	Apartment Garden (1 - 4 stories)	Kcnw Escalante Llc	Comal	14.0	$ 43,012,200	2025-10-14	$ 148.20	2021	290,239	280
11801 E Loop 1604 N, Universal City, TX 78148	1040221	Apartments	Apartment Garden (1 - 4 stories)	Kv Arya Grove Apartments Llc	Bexar	19.6	$ 30,333,310	2024-10-29	$ 120.51	2006	251,707	308
16465 Henderson Pass, San Antonio, TX 78232	606514	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Corporation	Bexar	25.0	$ 33,210,000	2024-11-19	$ 180.50	1986	183,994	228
4611 E Houston St, San Antonio, TX 78219	460582	Apartments	Apartment Garden (1 - 4 stories)	Westmount At Houston Street Lp Attn Dianna	Bexar	29.1	$ 19,259,730	2025-08-01	$ 73.29	2003	262,774	200
12626 Blanco Rd, San Antonio, TX 78216	611588	Apartments	Apartment Garden (1 - 4 stories)	Rsnpg Broadwater Apts Partners Llc	Bexar	29.5	$ 16,684,850	2024-08-28	$ 91.07	1982	183,215	175
550 Heimer Rd, San Antonio, TX 78232	646352	Apartments	Apartment Garden (1 - 4 stories)	5fifty De Llc	Bexar	26.7	$ 24,027,693	2025-04-30	$ 162.69	1984	147,686	204
21915 N Us Hwy 281, San Antonio, TX 78258	1352388	Apartments	Apartment High Rise (5+ stories)	Pleasanton Housing Finance Corporation	Bexar	24.1	$ 77,383,390	2024-11-07	$ 197.47	2021	391,871	796
12727 Vista Del Norte, San Antonio, TX 78216	611593	Apartments	Apartment Garden (1 - 4 stories)	12727 Salado Sa Llc	Bexar	29.4	$ 60,042,850	2024-02-14	$ 182.26	1996	329,440	352
6730 N Loop 1604 E, San Antonio, TX 78247	1333436	Apartments	Apartment Garden (1 - 4 stories)	Vr 1604 Limited Partnership	Bexar	19.8	$ 70,000,000	2024-02-05	$ 133.77	2021	523,268	424

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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 ↕
—	625 Creekside Way, New Braunfels, TX 78130	—	-	827,640	2012	391,863	$ 79,883,020	$ 5,452,490	-
Towne Mortgage Company	806 Station St, Converse, TX 78109	06/13/2025	$ 535,000	9,148	1985	4,352	$ 391,060	$ 45,010
Jll Real Estate Capital Llc	0 Tbd, New Braunfels, TX 78130	04/30/2025	$ 11,790,000	39,814	0	4	$ 401,894	$ 7,170
Jll Real Estate Capital Llc	705 Village Way, New Braunfels, TX 78130	04/30/2025	$ 11,790,000	373,832	2003	99,460	$ 13,319,446	$ 1,914,210
Incommons Bank Na	301 Castlewood Dr, New Braunfels, TX 78130	04/29/2025	$ 2,850,000	181,384	1974	75,938	$ 10,304,160	$ 2,111,310
Vista Village Limited	264 Loma Vista St, New Braunfels, TX 78130	03/20/2025	$ 2,653,000	127,239	1986	49,553	$ 1,460,870	$ 685,820	264 Loma Vista Llc
Berkadia Commercial Mtg Llc	600 Leah Ave, San Marcos, TX 78666	02/28/2025	$ 9,745,000	348,480	1999	72,637	$ 11,478,828	$ 1,644,830	Ashford Wellington Lp
United American Mtg Corp	301 Haeckerville Rd, Cibolo, TX 78108	01/24/2025	$ 300,000	17,511	1975	2,813	$ 427,900	$ 16,009
Securian Life Insurance Co	1231 Huisache Ave, New Braunfels, TX 78130	01/23/2025	$ 7,000,000	432,899	2004	132,573	$ 14,777,620	$ 2,331,810	5959 Associates Llc
Berkeley Point Capital Llc	677 Creekside Way, New Braunfels, TX 78130	12/27/2024	$ 45,797,000	914,978	2017	538,760	$ 54,055,490	$ 5,742,400	Bmef Creekside Llc
Elkhorn Properties Llc	1627 Kuehler Ave, New Braunfels, TX 78130	12/23/2024	$ 1,000,000	26,615	1993	7,458	$ 1,174,338	$ 802,700

Mean$ 11,849,887

Median$ 8,372,500.0

Loan Amount Range$ 257,874 - $ 55,076,400

Showing 1 to 10 of 26 entries

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
625 CREEKSIDE WAY, NEW BRAUNFELS, TX 78130-3970	HOUSING P	8303027670	NONCLASSIFIED ESTABLISHMENTS
625 CREEKSIDE WAY, NEW BRAUNFELS, TX 78130-3970	210 D PFENCE	2104000266	NONCLASSIFIED ESTABLISHMENTS
625 CREEKSIDE WAY, NEW BRAUNFELS, TX 78130-3970	KDETAILS MOBILE DETAILING	2108968306	CAR WASHING & POLISHING
625 CREEKSIDE WAY, NEW BRAUNFELS, TX 78130-3970	CREEKSIDE MANSIONS	8306060400	NONCLASSIFIED ESTABLISHMENTS
625 CREEKSIDE WAY APT 2905, NEW BRAUNFELS, TX 78130-3982	HYPNOTIC MARKETING INC	5128473414	MARKETING CONSULTANTS
625 CREEKSIDE WAY, NEW BRAUNFELS, TX 78130-3970	AVENUES AT CREEKSIDE	8306252740	APARTMENTS

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License Details

License Number

32068881724

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

2/14/2024

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	TAYLOR PASTRANO
	Address Line	203 silver spur trl
	City / State / Zip	mcgregor TX 76657
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	76657
Registration Details	SOS Code

License Timeline

License Issued

2/14/2024

Currently Active

Status: -

Renewal Required

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