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Days264Days on Market
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$398,000

730 Mather # 303, New Braunfels, TX, 78130

$457,935 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:

BankruptcyMust-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesRange, Cooktop
FlooringCeramic Tile

Exterior

Lot Size1.30 acres

Land Information

APN5-0000-0792-03
Lot Number1
SubdivisionRivers Grove
Land UseVacant Lots & Tracts
Legal DescriptionRIVERS GROVE, LOT 1 SM PT
Census Tract310200
Assessed Land Value$356,480
Assessment Year2025

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
$356,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$457,935
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

Interested in this property?

Penny Ann Moulder

Compass RE Texas, LLC - SA

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$569/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,099
$356,480
2025
$356,480
N/A
$356,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,099
$356,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$356,480
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 Mather # 303 | Property Details | No Agent List