$7,500,000
—
SqFt
—
Acre Lot
—
Sqft Lot
Property Map
$7,500,000 – 2034 Rueben Rd, New Braunfels, TX 78130
Street View
Courtesy of Real, Dominique Jimenez {attribution_contact}
Description
19 unit condo complex; 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
- 723 days on market
- 723 cumulative days on market
- $286 per square foot
Location
- County: Guadalupe
- Area: 2707
Building
- Built in 2020
- Approximate age: 3
- Building/center name: SUNGATE PROPERTIES
- Stone
- Rock/Stone Veneer
- Other
- 26,220 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