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Richard Soto

  • Office 210-348-3717
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2034 Rueben Rd, New Braunfels, TX – $6,500,000

  • $6.5M Price
  • 1,380 Sqft
  • 50 DOM
  • $6.5M Price
  • 1,380 Sqft
  • 50 DOM

2034 Rueben Rd

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.

Essential Information

  • MLS® #1605211
  • Price$6,500,000
  • Square Footage1,380
  • Acres0.00
  • Year Built2020
  • TypeCommercial
  • StatusActive
  • Housing TypeApartments

Remarks

$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.

Community Information

  • Address2034 Rueben Rd
  • Area2707
  • CityNew Braunfels
  • CountyGuadalupe
  • StateTX
  • Zip Code78130

Amenities

  • AmenitiesNot Applicable/None
  • Parking Spaces80

Utilities

Electricity, Water, Telephone, Sewer, Cable TV

Interior

  • HeatingCentral
  • CoolingCentral
  • # of Stories2.0
  • Stories2

Exterior

  • RoofComposition
  • FoundationSlab

Construction

Stone, Rock/Stone Veneer, Other

School Information

  • DistrictNew Braunfels

Additional Information

  • Date ListedMay 9th, 2022
  • Days on Market50
  • ZoningCOMM

Listing Details

  • OfficeReal
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the San Antonio Board of Realtors®, and is updated as of June 29th, 2022 at 1:51am CDT (date/time).

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.