2034 Rueben Rd, New Braunfels, TX

$7,500,000

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About 2034 Rueben Rd

19 total units; 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.

Features of 2034 Rueben Rd

MLS® # 1605228
Price $7,500,000
Acres 0.00
Year Built 2020
Type Multi-Family (2-8 Units)
Sub-Type Two Story
Status Active

Community Information

Address 2034 Rueben Rd
Area 2707
Subdivision SUNGATE
City New Braunfels
County Guadalupe
State TX
Zip Code 78130

Amenities

Has Pool No

Interior

Heating Central
Cooling One Central
Has Basement No

Exterior

Exterior Siding, Stone/Rock
Exterior Features Covered Patio, Double Pane Windows, Patio Slab
Roof Composition
Foundation Slab

School Information

District New Braunfels
Elementary Call District
Middle Call District
High Call District

Additional Information

Date Listed May 9th, 2022
Days on Market 711
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDominique Jimenez
OfficeReal
Contact Info(210) 800-5525

Listing Map

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