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$2,390,000 Just Listed
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Property Description
SELLER FINANCING AVAILABLE!! 15-acre commercial development opportunity with 1,120+ feet of FM306 road frontage, outside city limits, not in the ETJ and with awesome exposure from the high-volume daily traffic (15,000+ daily traffic count)...making this a commercial developer's dream! This property has a nice and flat topography and plenty of beautiful mature oak trees to work with. Underground 3-Phase power from Pedernales Electric and GVTC fiber internet at the property already. Water well and septic will be Buyer's responsibility. There are deed restrictions and design guidelines/architectural control, as this tract is part of a small, high-end gated residential community that is coming soon. There is the possibility to divide this tract into three 5+ acre tracts, should Buyer so desire. Less than 5 minutes to Sattler, TX/Whitewater Amphitheater/Guadalupe River. Less than 10 minutes to Gruene and the nearest Canyon Lake boat ramp. 15 minutes to Downtown New Braunfels, Creekside, H-E-B Plus, Resolute Hospital, and Schlitterbahn. Seller is also selling 12-acre adjacent tract that can be purchased together or separately. Seller must be present at all showings. Schedule your showing today!
Full Property Details
Full Property Details for 8789 FM306
General
- Price: $2,390,000
- HOA FEE: $208/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: Central_Texas_MLS
- MLS ID: 605426
- Updated: 2/24/2026
- Added to Site: 1 day(s) ago
Location
- County: Comal
- Driving Directions: From I-35, turn onto FM306. Property is on the left hand side between the Canyon Lake Fire Station and the intersection of FM306 and Purgatory Rd.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
- Elementary School: Mountain Valley Elementary
- Middle School: Mountain Valley Middle School
- High School: Canyon Lake High School
Community
- Association: Yes
- Assoc. Name: The Ranches at Legacy Oaks POA
Utilities
- Electric Available: Yes
- Sewer: Septic Needed
- Water: Not Connected, Well Needed, Well
- Well: Yes
- Utility Description: Electricity Available, High Speed Internet Available, Other, See Remarks, Trash Collection Private
Structural Information
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills
- Lot Size (Acres): 15.03
- Frontage: County Road, City Street
- Fencing (Description): Barbed Wire, Partial
Water Features
- Water Front Name: Hill Country View
Financial Considerations
- Association Fee: $2,500
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, Owner May Carry, Texas Vet, USDA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Deed Restriction, Other, See Remarks, Survey
- Legal Description: A-184 SUR- 8 WM GAYLORD, ACRES 15.035
- Disclosures/Rstr.: Agricultural Exemption, Owner Is Listing Agent
- Property ID: 75521
- Lot Number: 2
Listed by NB Regal Real Estate, LLC
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Schools
Schools serving 8789 FM306
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Mt Valley Elementary School 310 Cannan Road, Canyon Lake, TX 78133 | PK-5 | 3.3 mi |
Mt Valley Middle School 1165 Sattler Road, Canyon Lake, TX 78132 | 6-8 | 2.9 mi |
Canyon Lake High School 8555 Fm 32, Fischer, TX 78623 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8789 FM306
Date
Details
Price
Change
Source
2/24/2026
Listed
$2,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8789 FM306
8789 Fm 306, New Braunfels, TX 78132 (MLS# 605426) is a Lots/Land property with a lot size of 15.03 acres. 8789 Fm 306 is currently listed for $2,390,000 and was received on February 24, 2026. Want to learn more about 8789 Fm 306? Do you have questions about finding other Lots/Land real estate for sale in New Braunfels? You can browse all New Braunfels real estate or contact a Coldwell Banker agent to request more information.

