2351 Gruene Lake Dr, New Braunfels, TX 78130 – Commercial Space Condos

CommercialYear Built 2010Total Assessed Value $481,540County Comal

Property Details

The Commercial property 2351 Gruene Lake Dr, 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 $481,540.

The gross building area is 3,111 square feet and the land area is 219,760 square feet for this Commercial Space Condos built in 2010.

Legal description: Gruene Lake Village Condo, Unit 2

$481,540

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 Area3,111

Land Size219,760

Land Value$129,470

Improved Value$352,070

Total Assessed Value$481,540

Year Built2010

County NameComal

Account Number362657

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverWood shake or shingles

Roof TypeGable

Type ConstructionOther

No of Stories1

Number of Units2

Exterior WallsCombination

Sales History

8/14/2025

Arms-lengthNot Disclosed

Buyer

Michael P Flume Properties Llc

Seller

Flume Michael P

Book Number

2025.27104

Recording Date

8/14/2025

Transaction Details

Michael P Flume Properties Llc acquired the property from Flume Michael P through a Arms-length transaction on 8/14/2025 for .

Property constructed in 2010

YSale Price (USD) byXSales Year

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Mortgage History

2/23/2015

Non arms length transactions with valid title company name no accomodations$110,000

Borrower

Flume Debra Ann

Lender

Broadway National Bank

Book Number

2015.7966

Recording Date

2/23/2015

Transaction Details

Flume Debra Ann borrowed the property from Broadway National Bank through a Non arms length transactions with valid title company name no accomodations transaction on 2/23/2015 for $110,000.

3/4/2013

Non arms length transactions with valid title company name no accomodations$110,000

Borrower

Flume Debra Ann

Lender

Broadway National Bank

Book Number

2013.10080

Recording Date

3/4/2013

Transaction Details

Property constructed in 2010

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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	$129,470	$352,070	$481,540	$481,540	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-Grn	C3990	219,760	3,111
2025	$129,470	$332,110	$461,580	$461,580	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-Grn	C3990	219,760	3,111
2024	$129,470	$359,130	$488,600	$488,600	Flume Michael P	1368 Bellesop Blvd, ...	Gruene Lake Village ...	C424-GRN	C3990	219,760	3,111
2023	$121,005	$288,060	$409,065	$409,065	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-GRN	200279	219,760	3,111
2022	$121,005	$288,060	$409,065	$409,065	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-GRN	200279	219,760	3,111
2021	$111,533	$255,467	$367,000	$367,000	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-GRN	200279	219,760	3,111
2020	$131,870	$268,030	$399,900	$399,900	Flume Michael P	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-GRN	200279	219,760	3,111
2019	$66,160	$255,360	$321,520	$321,520	Flume Michael P; Dba...	2348 Gruene Lake Dr ...	Gruene Lake Village ...	C424-GRN	200279	219,760	3,111
2018	$66,160	$259,680	$325,840	$325,840	Flume Michael P; Dba...	2348 Gruene Lake Dr ...	GRUENE LAKE VILLAGE ...	C424-GRN	200279	219,760	3,111
2017	$66,160	$257,960	$324,120	$324,120	Flume Michael P; Dba...	2348 Gruene Lake Dr ...	GRUENE LAKE VILLAGE ...	C424-GRN	200279	219,760	3,111

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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 ↕
—	2351 Gruene Lake Dr, New Braunfels, TX 78130	—	-	219,760	2010	3,111	$ 481,540	$ 129,470	-
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 ↕
2351 GRUENE LAKE DR STE A, NEW BRAUNFELS, TX 78130-3770	GRUENE TINI'S	8306325263	COCKTAIL LOUNGES
2351 GRUENE LAKE DR STE A, NEW BRAUNFELS, TX 78130-3770	GRUENE TINIS	8306325253	BARS
2351 GRUENE LAKE DR STE A, NEW BRAUNFELS, TX 78130-3770	GRUENE TINI'S	8306325263	DRINKING PLACES ALCOHOLIC BEVERAGES

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License Details

License Number

32042645278

Receipts

Issued By

Mixed Beverage

State Authority

Issue Date

2/17/2022

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	VINO EN VERDE INC
	Address Line	522 frostwood dr
	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

License Timeline

License Issued

2/17/2022

Currently Active

Status: -

Renewal Required

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