Hilco Real Estate Sales Announces 140± AC Guadalupe Riverfront Residential Development Bankruptcy Sale in Lake Canyon, Texas

NORTHBROOK, Ill., July 14, 2025 /PRNewswire/ -- Hilco Real Estate Sales announces September 30, 2025, as the qualifying bid deadline for the 141.87± AC, shovel-ready development opportunity known as The Bluffs on the Guadalupe. Offered by order of the U.S. Bankruptcy Court, Western District of Texas (Austin) – Case No. 24-10411 (In re: TBOTG Development, Inc.), this generational property presents an unparalleled canvas for visionary residential and mixed-use development.

Positioned at the southeast corner of FM 306 and the Guadalupe River in Canyon Lake/New Braunfels, the property boasts nearly 2,700' of FM 306 frontage, providing exceptional visibility and access along this growing retail commercial corridor. Surrounded by dramatic bluffs, heritage oaks and cypress-shaded trails, the site is fully entitled with infrastructure in place to accelerate development. The property encompasses approximately 141.87± acres with no zoning restrictions, offering over a mile of unparallel Guadalupe River frontage that creates a spectacular backdrop for future development. Existing plans total 95 lots that breakdown as 26 waterfront estate lots (only 13 of which remain), 53 interior estate lots, 16 hillside cabins and approximately 12± acres of commercial frontage land, providing a balanced mix of residential and commercial opportunities. Infrastructure is already in place, including a model home and sales office, asphalt roads and public utility connections for water, electricity and communications. Additionally, all Living Unit Equivalents (LUEs) have been paid in full and are ready to transfer to future ownership to support immediate build-out.

Residents and guests will enjoy a 1.7-mile private riverfront walking trail that encircles the property, low taxes and thoughtfully designed community recreation amenities that highlight the property's natural beauty. Just minutes from the vibrant centers of downtown New Braunfels and San Marcos, and less than an hour's drive from the major metropolitan hubs of Austin and San Antonio, The Bluffs on the Guadalupe is ideally situated in the heart of Central Texas' fastest-growing lifestyle corridor. This prime location offers seamless access to both urban amenities and the region's renowned natural attractions.

Nearby destinations include Canyon Lake, a popular spot for boating and fishing; Camp Fimfo, one of the nation's top-rated RV resorts; and the Whitewater Amphitheater, a celebrated live music venue that draws thousands of visitors each season. Just down the road, the Gruene Historic District offers charming shops, restaurants and the legendary Gruene Hall dance venue, while the Texas State University campus anchors a vibrant academic community. Enhancing the area's appeal even further is the planned Waterway Lane Hike and Bike Trail extension, which will span Gruene Road to Old FM 306 and the Guadalupe River, connecting residents and guests to miles of scenic outdoor recreation.

Terence Rochford, senior vice president at Hilco Real Estate Sales, stated, "The Bluffs on the Guadalupe is simply unmatched in the market—a rare combination of riverfront property, shovel-ready infrastructure and a prime location that sits at the intersection of growth and recreation."

Stephen Madura, senior vice president at Hilco Real Estate Sales, added, "With entitlements in place, no zoning restrictions and proximity to some of Central Texas' most desirable destinations, this property represents an extraordinary opportunity for developers to create a landmark community that will define the continued growth of the Canyon Lake and New Braunfels areas for decades to come."

Qualifying bids must be received on or before the deadline of September 30, 2025, at 5:00 p.m. (CT) and must be based on the Purchase and Sale (PSA) document available for review and download from Hilco Real Estate Sale's website.

Interested bidders should review the requirements in order to participate in the bankruptcy sale process available
on Hilco Real Estate Sale's website. For further information, please contact Steve Madura at (847) 504-2478 or [email protected] or Michael Kneifel at (847) 201-2322 or [email protected].

For additional details, due diligence access and terms of sale, visit Hilco Real Estate Sales or call (855) 755-2300.

About Hilco Real Estate Sales
Successfully positioning the real estate holdings within a company's portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate Sales (HRE), a Hilco Global company (HilcoGlobal.com), we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments.

The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation.

SOURCE Hilco Real Estate