1299 E Common St, New Braunfels, TX 78130 – Commercial Space Condos

CommercialYear Built 1982Total Assessed Value $210,470County Comal

Property Details

The Commercial property 1299 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 $210,470.

The gross building area is 1,221 square feet and the land area is 58,980 square feet for this Commercial Space Condos built in 1982.

Legal description: Rivercrest Plaza Condo, Bldg A, Unit 23-24-25

$210,470

Market Value

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Cap Rate

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NOI

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Occupancy

Avg Rent

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Property Information

Property TypeCommercial

Sub Property TypeCommercial Space Condos

Building Area1,221

Land Size58,980

Land Value$48,850

Improved Value$161,620

Total Assessed Value$210,470

Year Built1982

County NameComal

Account Number50880

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

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Mortgage History

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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	$161,620	$210,470	$210,470	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-Lp337	C8365	58,980	1,221
2025	$51,140	$155,860	$207,000	$207,000	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-Lp337	C8365	58,980	1,221
2024	$54,410	$163,260	$217,670	$217,670	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	C8365	58,980	1,221
2023	$54,410	$318,640	$373,050	$373,050	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,221
2022	$54,410	$168,930	$223,340	$223,340	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,221
2021	$54,410	$137,820	$192,230	$192,230	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,221
2020	$74,610	$122,350	$196,960	$196,960	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,221
2019	$74,610	$116,470	$191,080	$191,080	Stace Vercher Cpa Pl...	1297 E Common St, Ne...	Rivercrest Plaza Con...	C458-LP337	450785	58,980	1,221
2018	$30,470	$104,060	$134,530	$134,530	Stace Vercher Cpa Pl...	1297 Common St, New ...	RIVERCREST PLAZA CON...	C458-LP337	450785	58,980	1,221
2017	$30,470	$72,380	$102,850	$102,850	Stace Vercher Cpa Pl...	1297 Common St, New ...	RIVERCREST PLAZA CON...	C458-LP337	450785	58,980	1,221

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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 ↕
—	1299 E Common St, New Braunfels, TX 78130	—	-	58,980	1982	1,221	$ 210,470	$ 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 ↕
1299 E COMMON ST, NEW BRAUNFELS, TX 78130-3540	BUTLER, KRISTIN KAY	8302377056	COUNSELORS

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License Details

License Number

MB720487

LIQUOR

Issued By

Liquor

State Authority

Issue Date

5/11/2023

Original Issuance

Expire Date

4/26/2025

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	PATRICK S. MOLAK CORP.
	Address Line	1601 hunter rd
	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

5/11/2023

Currently Active

Status: -

Renewal Required

4/26/2025

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