$327,000
730 E Mather ST E101, New Braunfels, TX, 78130
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About this property
This adorable, fully furnished Waterwheel condo is ready for an investor who wants to generate excellent cash flow with short term or long term rentals. This unit overlooks the Waterwheel five acre pecan bottom park and has river views and access. The Waterwheel complex offers 2 pools and 4 hot tubs. It is within walking distance to Schlitterbahn and downtown New Braunfels as well as a quick 5 minute drive to Gruene. This condo is nicely updated and offers a picturesque view of the wildlife, river bottom, pool and picnic areas. Float the Guadalupe River and exit at the Waterwheel location. The beautiful park-like river bottom has picnic areas with tables and grills. Do not miss out on this hard to find one bedroom unit. Waterwheel condos do not stay on the market long! Interior photos to be added later today.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: New Braunfels
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These are Deal List properties graded A+, A.
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