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$360,000

NAL Estimated Property Value

730 E Mather Street L202, New Braunfels, TX, 78130

$418,212 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,116 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$322.58 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size8.76 acres

Building Information

Year Built2015
Stories1

Land Information

APN240-9815-0115-00
SubdivisionWaterwheel Resort
Land UseResidential
Legal DescriptionWATERWHEEL RESORT CONDO, BLDG L, UNIT 202
Census Tract310200
Assessed Land Value$32,670
Assessed Improvement Value$331,910
Assessment Year2025

About this property

This inviting and spacious 2-bedroom, 2-bath condo is a Prime-find, offering both luxury and short-term rental income. It sleeps 6-8 guests comfortably. Fully furnished with stylish decor and upgraded appliances, the condo provides a turnkey solution for investors or those seeking a vacation home. The interior boasts modern finishes and comfortable living spaces, ideal for relaxation and entertaining. Enjoy the breathtaking scenic park and direct access to the river, perfect for kayaking, fishing, or simply unwinding by the water. 2 Resort style pools also available for your pleasureLocated just minutes from the iconic Gruene Hall, Schlitterbahn, and Downtown New Braunfels. You’ll have easy access to local attractions, dining, and entertainment. With its prime location, upgraded features, and income-producing history, this condo is an exceptional opportunity for those looking to enjoy a blend of comfort and investment.

Investor Tools

Property Icon
$364,580
Estimated Property Value
$0Estimated Mortgage Balance
$364,580Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$418,212
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,187 /month
Positive
Cash Flow Estimate:
$729 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,424
$364,580
2025
$32,670
$331,910
$364,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,424
$364,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,580
100%
0%
$0/mo

City: New Braunfels

730 E Mather Street L202 | Property Details | No Agent List