$6,500,000
SqFt
Acre Lot
Sqft Lot
Price Type
Status Active
Property Type Apartments
Year Built 2020
Days on Website 101

Property Map

$6,500,000 – 2034 Rueben Rd, New Braunfels, TX 78130

Street View

Courtesy of Real, Dominique Jimenez.

Description

One of a kind investment opportunity on the booming I-35 Corridor. Minutes from San Antonio & Austin, these New Braunfels condominiums are in the prime location, making them ideal for long and short term rentals; minutes from Schlitterbahn, Texas State University & Gruene, TX. With limited inventory in this area due to phenomenal growth, Sungate has been able to retain majority of its original tenants and easily increase rent over each renewal. Built in 2020, this property is fully occupied and has seen a $1 million dollar valuation increase in the past year alone.

Property Details and Features

Listing

  • Listing date: 2022-05-09 05:00:00
  • 101 days on market
  • 101 cumulative days on market
  • $4,710 per square foot

Location

  • County: Guadalupe
  • Area: 2707

House

  • Built in 2020
  • Approximate age: 2
  • Building/center name: SUNGATE PROPERTIES
  • Stone
  • Rock/Stone Veneer
  • Other
  • 1,380 square feet
  • 2 stories
  • 10 buildings

Foundation

  • Slab

Roof

  • Composition

Amenities

  • Not Applicable/None

Interior Features

  • Ceiling height: 9

Cooling

  • Central

Heating

  • Central

Property

  • Zoning: COMM

Schools

  • School district: New Braunfels

Miscellaneous

  • Monthly lease: $32,075
  • None
  • None
  • No
  • Subdivision
  • Deed
  • 19 rentals
  • 80 parking spaces
  • 19 units
  • Other tax: 0.00

Taxes

  • Total tax: $37,161
  • City tax: $8,605
  • County tax: $6,876
  • $21,680 school tax
  • Property Tax ID: 1G3171100100200000

Utilities

  • Electricity
  • Water
  • Telephone
  • Sewer
  • Cable TV

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