520 FM 306 NEW BRAUNFELS 78130

Ownership chain / 520 FM 306 NEW BRAUNFELS 78130

County appraisal roll

The property

Address: 520 FM 306 NEW BRAUNFELS 78130
Market value on the roll: $18,500,000
Living area: 135,949 sq ft
Parcel ID: 000000153721
Built: 2008
Acquired: 16829
State class code: not on the roll
Legal description, as written on the roll: USA OFFICE & INDUSTRIAL PARK, BLOCK 1, LOT 3B LG PT

Roughly 151 units, and that is an estimate, not a count. The roll does not publish a unit count for most buildings, so this figure is the floor area divided by 900 square feet, corrected by class code only for houses and small duplex-to-fourplex classes. It is the same number as the living area above, divided. Treat it as a size band, not a fact

Source: comal county appraisal roll · roll year 2025 · class not on the roll · owner-occupied flag: no · in the registry lookup scope: yes

County appraisal roll

The name on the roll

Owner of record: MFTLA SIERRA LLC
Where the tax bill is mailed: 1199 PACIFIC HIGHWY 2504 SAN DIEGO CA 92101
Tax agent of record: AMERICAN PROPERTY SERVICES INC

The building is here. The tax bill goes out of state. That gap between where a property sits and where its mail lands is often the first sign you are dealing with an investor and not a neighbor

Source: comal county appraisal roll · roll year 2025 · the roll lists no mailing address for the tax agent

Texas franchise tax registryNo record

Texas has no business filing under that name

Name we searchedMFTLA SIERRA LLC

Filing we matchednone

This is a finding, not a miss. The registry answered, and the answer was that nothing is filed in Texas under this name. Plenty of rentals are held by a person under their own name, by a trust, or by an out-of-state company that never registered here. The chain stops on a hard bar because the search finished

Source: Texas Comptroller franchise tax registry · searched and returned nothing · 1 registry rows carry this owner

Joined across 13 county rolls

What this landlord holds

MFTLA SIERRA LLC

$18,500,000Market value

1Properties

135,949Sq ft living area

≈151Units estimated

This is the only parcel on the rolls under this name and mailing address

See the landlord profile

Owner key: name plus mailing address, matched across the county appraisal rolls · roll year 2025

How to read the end of a chain

A chain can end three ways, and the difference matters. Two of them are answers. One of them is a gap in what we know, and it is drawn as a gap so you never mistake it for an answer

Matched

The name on the roll lines up with a Texas business filing. We show both names side by side so you can reject a bad match yourself

25,455 owners of the 71,735 inside the coverage rules, 35.5% so far

No record

We searched and Texas has no business registration under this name. That is a finding, not a miss: plenty of rentals are held by a person or an out-of-state entity that never registered here. The line stops on a hard bar because the search finished

37,870 owners so far

No answer

No usable answer came back for this name. Almost all of these are lookups the registry rejected outright, which is our query failing, not Texas reporting that nothing is filed. That claim is the middle column, and this is not it. We do not know either way here, so the line trails off dashed and open

8,410 owners in scope: rejected lookup or never queried

One more case borrows that same dashed ending: a parcel outside the coverage rules. The registry was never asked about it, on purpose, so the chain is a gap here too, and the page names the rule that put it outside instead of implying an answer is on its way. 147,384 of the 2,117,593 parcels on the rolls are inside the rules

11.7%

of the 71,735 owners inside the coverage rules have no registry answer. The scrape has finished, so these are not owners waiting in a queue: almost all of them are lookups the registry rejected. Read them as unknown, never as unregistered