451 FM 306 | New Braunfels, TX | ±11.25 Acres
A rare entitled multifamily opportunity in one of Texas's fastest-growing markets. This ±11.25-acre site is zoned MU-B-AH (High-Intensity Mixed-Use) and approved for 256 units, with impact fees grandfathered to 2008 rates — delivering nearly $3 million in cost savings compared to current fee schedules.
Located along FM 306 with immediate access to I-35, the site sits at the center of New Braunfels' explosive growth corridor, surrounded by major retailers, top-rated Comal ISD schools, and transformative master-planned communities including the 1,900-acre Mayfair development. Water and sewer are already to the site, and over $458,000 in Phase I infrastructure is in place.
With a 2026 population estimate of 90,000+ within 5 miles, a 26% five-year growth projection, and average household incomes exceeding $117,000, demand fundamentals are exceptional.
Contact: Zack Shepherd | zack.shepherd@dmre.com | 214.842.9654