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1030 River Road

8,900 SF Speciality Building Offered at £6,741,833 in New Braunfels, TX 78130

Investment Highlights

  • The historic properties are an important part of the history of Texas and this popular Texas community.
  • The Director of Weddings and the Property Manager will remain with new management indefinitely.
  • The Company enjoys a long-standing (12+ year) reputation for quality and superior customer support.

Executive Summary

*The $8,450,000 includes all the properties which could be sold in separate groups to lower the price.
This is a Historic Wedding venue and events center spread over 17 acres. The property contains a historical home and cottage, the owners’
residence with a pool, an open-air chapel, a modern farmhouse covered pavilion, and picturesque scenery. The farm also has livestock, such as longhorn cattle, horses, a historical cabin and windmill, and multiple storage sheds and out-buildings. Three of the homes are on separate properties and are currently used as overnight rentals. One of which is a registered historical landmark, and another could be registered as a historical landmark. All of the overnight rentals are zoned for commercial use and located in the heart of town. There is also a 2,200 square foot house located near downtown that is a residence for the maintenance manager and his family. The Wedding Venue business leases the properties and covers the costs to maintain the historic properties and generate $200k in cashflow for the owners.

Property Facts

Price £6,741,833
Price Per SF £758
Sale Type Investment or Owner User
Property Type Speciality
Building Class B
Lot Size 17.00 AC
Building Size 8,900 SF
Number of Floors 2
Year Built 1852
  • Listing ID: 33722004

  • Date on Market: 01/11/2024

  • Last Updated:

  • Address: 1030 River Road, New Braunfels, TX 78130

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