2034 Rueben Road

New Braunfels, TX 78130

$7,500,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Dominique Jimenez • TREC #577284 • Real • dominique.sarealtor@gmail.com

Property Details for 2034 Rueben Road

School District
New Braunfels
Subdivision
SUNGATE
Exterior
Stone/Rock, Siding

Location

Listing Courtesy of Real, Dominique Jimenez, TREC #577284
Add your commute
LISTING UPDATED: 05/09/2023 11:13 AM

Property Details for 2034 Rueben Road

StatusActive
MLS #1605228
Days on Market720
Taxes$38,067 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built2020
Lot Size-
CountyGuadalupe County

Location

Listing Courtesy of Real, Dominique Jimenez, TREC #577284
Add your commute

Building Information for 2034 Rueben Road

Stories-Residences19Year Built2020Building Size-Lot Size-

Payment Calculator

$44,103 per month

30 year fixed, 7.25% Interest

Principal and Interest

$40,931

Property Taxes

$3,172

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2034 Rueben Road

Summary
Location and General Information
  • Area: 2707
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Instruction/Direction: 35 TO WALNUT TO COUNTY LINE RD - USE 1660 COUNTY LINE RD,
  • County: Guadalupe
  • State: TX
  • Zip: 78130
  • City: New Braunfels
Taxes and HOA Information
  • HOA Mandatory: Mandatory
  • HOA Name: SUNGATE
  • Multiple HOA: No
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 1G3171100100200000
Property
Property and Assessments
  • Legal Description: SUNGATE COMMERCIAL LOT#2 BLK #1 3.048 ACS
  • Subdivision Legal Name: SUNGATE
  • Builder Name: Tri-Way Development
  • Year Built: 2020
  • Type: Two Story
Lot Information
  • Legal Desc-Lot: 2
Utilities
  • Air Conditioning: One Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Water
Interior and Exterior Features
Interior Features
  • Flooring: Carpeting, Ceramic Tile
Exterior Features
  • Exterior Features: Patio Slab, Covered Patio, Double Pane Windows
  • Roofing: Composition
  • Foundation: Slab
  • Proposed Terms: Conventional, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 78523.0
  • Gross Annual Income: 408705.0
  • Operating Expense Includes: Taxes, Management, Services
  • Net Operating Income: 330280.0
Unit 1
  • Unit 1 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U1 Occupied: Yes
  • U1 Bedroom: 3
  • U1 Fulls Baths: 2
  • U1 Half Baths: 1
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 4
  • U1 Park Type: Attached
  • U1 Rent: $1,825.00
Unit 2
  • Unit 2 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U2 Occupied: Yes
  • U2 Bedroom: 3
  • U2 Full Baths: 2
  • U2 Half Baths: 1
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 4
  • U2 Park Type: Attached
  • U2 Rent: $1,825.00
Unit 3
  • Unit 3 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U3 Occupied: Yes
  • U3 Bedroom: 3
  • U3 Full Baths: 2
  • U3 Half Baths: 1
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 4
  • U3 Park Type: Attached
  • U3 Rent: $1,795.00
Unit 4
  • Unit 4 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U4 Occupied: Yes
  • U4 Bedroom: 3
  • U4 Full Baths: 2
  • U4 Half Baths: 1
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 4
  • U4 Park Type: Attached
  • U4 Rent: $1,825.00
Unit 5
  • Unit 5 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U5 Occupied: Yes
  • U5 Bedroom: 3
  • U5 Full Baths: 2
  • U5 Half Baths: 1
  • U5 Num of Parking Spaces: 4
  • U5 Handicap Access: No
  • U5 Park Type: Attached
  • U5 Rent: $1,825.00
Unit 6
  • U6 Occupied: Yes
  • U6 Park Type: Attached
  • Unit 6 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U6 Bedroom: 3
  • U6 Full Baths: 2
  • U6 Half Baths: 1
  • U6 Num of Parking Spaces: 4
  • U6 Handicap Access: No
  • U6 Rent: $1,795.00
Unit 7
  • Unit 7 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U7 Bedroom: 3
  • U7 Full Baths: 2
  • U7 Half Baths: 1
  • U7 Num of Parking Spaces: 4
  • U7 Handicap Access: No
  • U7 Park Type: Attached
  • U7 Rent: $1,825.00
Unit 8
  • Unit 8 Info: Oven/Stove, Disposal, Dishwasher, Washer Connection, Dryer Connection
  • U8 Occupied: Yes
  • U8 Bedroom: 3
  • U8 Full Baths: 2
  • U8 Half Baths: 1
  • U8 Handicap Access: No
  • U8 Num of Parking Spaces: 4
  • U8 Park Type: Attached
  • U8 Rent: $1,795.00

Property History for 2034 Rueben Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2034 Rueben Road

Taxable ValueLand$25,704Additions$259,662Total$285,366
Home Facts
Beds0Total Finished SqFt1,585 SqFtAbove Grade Finished SqFt1,585 SqFtStories2Lot Size132,771 SqFtStyleSingle Family ResidenceYear Built2019CountyGUADALUPEAPN1G-3171-1001-00217-000

Schools near 2034 Rueben Road

This home is within New Braunfels Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Voss Farms Elementary School
PublicPK to 5

New Braunfels Middle School
Public6 to 9

New Braunfels High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2034 Rueben Road is a multi-family home for sale in New Braunfels, TX 78130. This property was listed for sale on May 9, 2022 by Real, it's currently listed at $7,500,000. This listing's school district is New Braunfels Independent School District. Nearby schools include Voss Farms Elementary School, New Braunfels Middle School and New Braunfels High School. 2034 Rueben Road is a 0-bed, 0-bath, multi-family home built in 2020.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real, Dominique Jimenez, TREC #577284

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.