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New Braunfels “Mayfair” Ready for Liftoff
Southstar, a developer, is finishing its first homes in Mayfair, a massive master-planned community just outside New Braunfels. The 2,000-acre, 6,000-home community, located at 5708 Guthrie Trail, New Braunfels, is designed with various residential, commercial and recreational components.
The development received City Council approval in June 2021 and broke ground in April 2022, In addition to residential units, 270 acres will be dedicated to retail and commercial development, which will offer shopping, dining and entertainment options and is set to break ground in early 2025. Community Impact reports planning documents for the master-planned community indicate a goal to develop a total of 2 million square feet of commercial space and over 1 million square feet of industrial space.
The project predicts the creation of over 2,000 permanent jobs upon completion. It will generate total annual economic activity estimated to be around $320.2 million, contribute more than $2 billion to property values in the area, and produce annual tax revenues over $30 million.
- ◦Development
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3801 E MORELAND DR
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Weatherford, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Highest & best offer Price: $5,160,000 No. of Units: 60 Average Occupancy: 98 Year Built: 1973 Building Size: 44700 Sq ft Lot Size: 4.05 Acres No. of Stories: 2 APN: R000047582 No. of Parking Spots: 100 Opportunity Zone: No Price per unit: $86,000
