Overview
Dallas Multifamily Advisors has been retained as the exclusive agent to arrange the sale of 190 Center Street Land (“Site”), a 15.62-acre development opportunity for multifamily or Build-to-Rent (BTR) projects in New Braunfels, TX. Strategically located in South New Braunfels, approximately 7-minutes south of the New Braunfels Downtown District, the site enjoys excellent visibility from Highway 46, with a traffic count of 32,729 vehicles per day. The site is positioned in one of the country’s fastest growing cities and the immediate area boasts a median household income of over $96,000.
190 Center Street Land represents a unique opportunity to acquire a prime multifamily-zoned site in the country’s 2nd fastest growing city, supported by explosive job and population growth.
Investment Highlights
Excellent Visibility and Accessibility from Highway 46
33,000 vehicles per day
7-minute drive to Downtown New Braunfels
35-minute drive to Downtown San Antonio
45-minute drive to Downtown Austin
Teed Up for Multifamily Development
The site had drawings and plans fully approved in 2022 for a fully platted site
New Braunfels is one of the fastest growing cities in America
Projected growth is expected to increase by 50% by 2030, and to double by 2040, reaching 208,163
Connectivity to Major Employers
Major retail giants and big-name attractions have joined the region, offering thousands of jobs along the way
Proximity to Exceptional Retail and Outdoor Attractions
Wurstfest / Schlitterbahn Waterpark / Wineries / Hinman Island Park / Guadalupe River
