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Days270Days on Market
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$398,000

730 E Mather ST L 303, New Braunfels, TX, 78130

$458,713 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,222 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$325.7 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesBuilt-In Electric Range
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Playground
Lot Size8.76 acres

Building Information

Year Built2015
Stories1

Land Information

APN240-9815-0119-00
SubdivisionWaterwheel Resort
Land UseResidential
Legal DescriptionWATERWHEEL RESORT CONDO, BLDG L, UNIT 303
Census Tract310200
Assessed Land Value$35,780
Assessed Improvement Value$376,770
Assessment Year2024

About this property

Listed below Appraised value! Discover relaxed river living in this fully furnished 3-bedroom, 2-bath condo at Waterwheel Resort in New Braunfels. Thoughtfully designed for comfort and convenience, this home features durable ceramic tile flooring throughout, granite countertops in the kitchen and baths, designer lighting, and French doors leading to a large wraparound balcony. An elevator in the building makes coming and going a breeze. The property offers flexibility for your lifestyle — ideal as a full-time residence, long-term rental, or short-term vacation rental (currently in a rental pool and often booked). Waterwheel’s amenities include 2 resort style pools, hot tubs, picnic areas, grills, sprawling pecan-shaded lawns, and direct access to the Guadalupe River — all within walking distance of the shops, dining, and entertainment in historic downtown New Braunfels. A separate deeded 10’x10’ storage unit is included — a rare and valuable feature that makes this condo especially practical for full-time living. Two parking spaces (one assigned, one unassigned) are also included. Move-in ready and full of potential — this one checks all the boxes!

Investor Tools

$0Estimated Mortgage Balance
$412,550Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$458,713
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,475 /month
Positive
Cash Flow Estimate:
$825 /month

Interested in this property?

Penny Moulder

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$569/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,394
$412,550
2024
$35,780
$376,770
$412,550
No

Tax History

Year
Tax Paid
Assessed Value
2023
$7,394
$412,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$412,550
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Braunfels

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730 E Mather ST L 303 | Property Details | No Agent List