214-842-9654
451 FM 306, New Braunfels, TX for Sale
Residential LAND - FOR SALE
1/2
490,050 SF

451 FM 306
New Braunfels, TX 78130
Outer Comal


HIGHLIGHTS

  • Impact fees locked at 2008 rates, reducing total water and wastewater fees to just $317,587 for 256 units versus $3.29M at current rates
  • Over $458,000 in Phase I infrastructure is already delivered, including a common entry road, detention ponds, water line extension, storm drain, elec.
  • MU-B-AH zoning supports 256 units at 22.8 units per acre across a mix of 1BR/1BA (66%) and 2BR/2BA (34%) product

OVERVIEW

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

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

451 FM 306

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

11.25 AC

LAND SF

490,050 SF

OFFSITE IMPROVEMENTS

-

ZONING

MU-B-AH

APN/PARCEL ID

140236

ASK ABOUT THIS PROPERTY

Zack ShepherdDosch Marshall Real EstateMore Info
214-842-9654

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Zack ShepherdDosch Marshall Real EstateMore Info
214-842-9654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.