1287 E Common St, New Braunfels, TX 78130 – Commercial Space Condos

CommercialYear Built 1983Total Assessed Value $206,780County Comal

Property Details

The Commercial property 1287 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 $206,780.

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 7-8-9

$206,780

Market Value

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Cap Rate

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NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Space Condos

Building Area1,200

Land Size58,980

Land Value$48,850

Improved Value$157,930

Total Assessed Value$206,780

Year Built1983

County NameComal

Account Number50874

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverComposition shingle

Type ConstructionOther

No of Stories1

Exterior WallsBrick veneer

Sales History

8/29/2022

Other$245,000

Buyer

Mcbee 983 Properties Llc

Seller

LYNCH PATRICIA L MAYO

Book Number

Recording Date

8/29/2022

Transaction Details

Mcbee 983 Properties Llc acquired the property from LYNCH PATRICIA L MAYO through a Other transaction on 8/29/2022 for $245,000.

Property constructed in 1983

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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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	$157,930	$206,780	$206,780	Mcbee 983 Properties...	10274 Fm 775, La Ver...	Rivercrest Plaza Con...	C458-Lp337	C8365	58,980	1,200
2025	$51,140	$152,320	$203,460	$203,460	Mcbee 983 Properties...	10274 Fm 775, La Ver...	Rivercrest Plaza Con...	C458-Lp337	Rivercrest Plaza	58,980	1,200
2024	$54,410	$159,530	$213,940	$213,940	Mcbee 983 Properties...	10274 Fm 775, La Ver...	Rivercrest Plaza Con...	C458-LP337	C8365	58,980	1,200
2023	$54,410	$190,590	$245,000	$245,000	Mcbee 983 Properties...	10274 Fm 775, La Ver...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2022	$54,410	$165,010	$219,420	$219,420	Lynch Patricia L May...	165 Uwharrie Landing...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2021	$54,410	$81,430	$135,840	$135,840	Lynch Patricia L May...	165 Uwharrie Landing...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2020	$74,610	$119,590	$194,200	$194,200	Fischer Myrtle Laver...	2328 Krueger Cyn, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2019	$74,610	$113,860	$188,470	$188,470	Fischer Myrtle Laver...	2328 Krueger Cyn, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,200
2018	$30,470	$101,710	$132,180	$132,180	Fischer Myrtle Laver...	2328 Krueger Cyn, Ne...	RIVERCREST PLAZA CON...	C458-LP337	450785	58,980	1,200
2017	$30,470	$29,791	$60,261	$60,261	Fischer Myrtle Laver...	2328 Krueger Cyn, Ne...	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 ↕
—	1287 E Common St, New Braunfels, TX 78130	—	-	58,980	1983	1,200	$ 206,780	$ 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 ↕
1287 E COMMON ST, NEW BRAUNFELS, TX 78130-3540	BRICE, TIMOTHY AGT	8306206913	INSURANCE

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License Details

License Number

32083821689

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

3/23/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PULVER BENEFITS LLC
	Address Line	1287 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

3/23/2022

Currently Active

Status: -

Renewal Required

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