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.
- Price:
- $7,500,000
- Square Footage:
- 1,380
- Year Built:
- 2020
- Listing ID #:
- 1605211
- Street Address:
- 2034 Rueben Rd
- City:
- New Braunfels
- State:
- Texas
- Postal Code:
- 78130
- County:
- Guadalupe
- Community:
- 2707
- Listing Status:
- Active
- Listing Type:
- Apartments
- Amenities:
- Not Applicable/None
- Approximate Square Footage Source:
- Bldr Plans
- Approximate Total Liveable Area:
- 1380
- Ceiling Height:
- 9
- Construction Status:
- Stone, Rock/Stone Veneer, Other
- Foundation:
- Slab
- Number Of Units:
- 19
- Total # Of Buildings:
- 10
- Type Of Roof:
- Composition
- Year Built:
- 2020
- Conforms To Zoning:
- Comm
- Days On Market:
- 272
- For Sale Or Lease?:
- For Sale
- Included In Sale:
- Buildings
- Restrictions:
- Subdivision, Deed
- City Taxes:
- 8605
- County Taxes:
- 6876
- Price Per Square Foot:
- 5434.78
- Property Taxes:
- 37161
- Parking Description:
- 80
- Cooling System:
- Central
- Heating:
- Central
- Utilities:
- Electricity, Water, Telephone, Sewer, Cable Tv
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Dominique Jimenez (210) 800-5525 with Real
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