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$359,900

730 E Mather Street F-102, New Braunfels, TX, 78130

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths942 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$382.06 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Water Heater
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Lot Size8.76 acres

Building Information

Year Built2015
Stories1

Land Information

APN240-9815-0114-00
SubdivisionWaterwheel Resort
Land UseResidential
Legal DescriptionWATERWHEEL RESORT CONDO, BLDG L, UNIT 201
Census Tract310200
Assessed Land Value$27,380
Assessed Improvement Value$286,340
Assessment Year2024

About this property

Ground-floor condo with private Guadalupe Riverfront Park access, STR-friendly location, and convenient proximity to downtown New Braunfels. The community features 280 feet of river frontage, two pools, four hot spas, and picnic areas creating a resort-style setting for residents and guests. Located within minutes of Landa Park, downtown New Braunfels, and Gruene, the property offers strong appeal for both personal use and short-term rental opportunities. The unit includes a covered and fenced corner patio providing additional outdoor living space with views of the river park. Mature trees create shade and privacy, while assigned parking and guest parking support everyday convenience. Inside, the ground-floor layout offers easy accessibility with durable tile flooring, expansive windows providing natural light, and open flow between living and dining areas. The kitchen features ample cabinet storage, bar seating, electric range, built-in microwave, and dishwasher. The private owner’s suite includes large windows, walk-in shower, and generous closet storage.

Investor Tools

$155,017Estimated Mortgage Balance
$161,983Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Lakefront Grp & Hill Country Luxury Grp

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,648
$313,720
2024
$27,380
$286,340
$313,720
No

Tax History

Year
Tax Paid
Assessed Value
2023
$5,648
$313,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$175,200
No
First
Jun 5, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,017
$161,983
51%
49%
$1,051/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 Street F-102 | Property Details | No Agent List