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Owner Contacts

$366,000

730 E Mather Street F302, New Braunfels, TX, 78130

Off Market

2 Beds

2 Bath

942 Sq Ft

Condos / Townhouses

$243.1 / sqft

Built in 2005

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDryer, Washer, Dishwasher, Disposal, Microwave, Electric Cooktop, Washer/Dryer

FlooringTile

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size8.76 acres

Building Information

Year Built2005

Stories1

Roof Type105

Land Information

APN240-9815-0038-00

SubdivisionWaterwheel Resort

Land UseResidential

Legal DescriptionWATERWHEEL RESORT CONDO, BLDG F, UNIT 302

Census Tract310200

Assessed Land Value$27,380

Assessed Improvement Value$306,150

Assessment Year2025

About this property

STUNNING VIEWS from this Guadalupe river facing condo. Waterwheel Resort sits on 8+ acres of lush manicured lawns and features towering shade trees, 2 resort style pools, 4 hot tubs, private river access, BBQ/picnic tables, prime location just blocks from Schlitterbahn and only minutes to Historic Gruene or downtown New Braunfels. This top floor unit has been very well taken care of, has elevator access and is fully furnished with beautiful decor. Features include*2 bedrooms*2 bathrooms*tile throughout*wood blinds/window coverings*fully equipped kitchen*washer/dryer in the unit and best of all a large wrap around balcony to enjoy the outdoors with views of the pool/grounds/Guadalupe River . This is a great turnkey vacation and/or invest property with overnight and long term rentals available. Please note this condo is in the Waterwheel rental pool and already has booked reservations for the peak summer months. Schedule your showing today...this is a GEM!

Investor Tools

$366,000

Estimated Property Value

$0Estimated Mortgage Balance

$366,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,196 /month

Positive

Cash Flow Estimate:

$732 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$643/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,886

$333,530

2025

$27,380

$306,150

$333,530

Tax History

Year

Tax Paid

Assessed Value

2024

$5,886

$333,530

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$366,000

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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