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Owner Contacts

$371,000

730 E Mather Street B101, New Braunfels, TX, 78130

Off Market

2 Beds

2 Bath

942 Sq Ft

Condos / Townhouses

$403.4 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Lot Size8.76 acres

Building Information

Year Built2003

Stories1

Roof Type105

Land Information

APN240-9815-0007-00

SubdivisionWaterwheel Resort

Land UseResidential

Legal DescriptionWATERWHEEL RESORT CONDO, BLDG B, UNIT 101

Census Tract310200

Assessed Land Value$27,380

Assessed Improvement Value$299,770

Assessment Year2025

About this property

SELLER CONCESSIONS TO BUYER! Escape to your own slice of paradise with this beautiful 2-bedroom, 2-bathroom condo located right on the picturesque Guadalupe River. This amazing Condo at Waterwheel Resort is a great opportunity for a STR investment. This 1st floor condo has river views, pool views, and views of the property with many picnic tables and bbq pits for you or your guests to use. Updated interior, with Luxury Vinyl Plank flooring and granite counter tops. Fully furnished and ready to be used as a vacation home perfect for weekend getaways, full-time living, or short term rentals. Fully equipped kitchen all appliances convey. Two generously sized bedrooms. Step outside to your patio, perfect for morning sunrises and coffee. You have access to 2 community pools, 4 hot tubs, walking trails, and direct river access for kayaking, fishing, or swimming! Enjoy all things New Braunfels with an easy walk to Schlitterbahn, or Gruene Hall, or all the entertainment downtown.

Investor Tools

$371,000

Estimated Property Value

$0Estimated Mortgage Balance

$371,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,280 /month

Positive

Cash Flow Estimate:

$760 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$641/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,839

$327,150

2025

$27,380

$299,770

$327,150

Tax History

Year

Tax Paid

Assessed Value

2024

$5,839

$327,150

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$371,000

100%

$0/mo

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.

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