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ActiveMLS #5609341

730 E Mather ST # 303, New Braunfels TX 78130

New Braunfels, TX 78130 · Waterwheel Resort

Condominium for sale in Waterwheel Resort

3Bedrooms
2Bathrooms
1,222Square Ft
8.76Acres
0Garage
2006Year Built
Price Reduced
1 / 27
$398,000$410,000

Overview

Property Description

Listed below Appraised value! Discover relaxed river living in this fully furnished 3-bedroom, 2-bath condo at Waterwheel Resort in New Braunfels. Thoughtfully designed for comfort and convenience, this home features durable ceramic tile flooring throughout, granite countertops in the kitchen and baths, designer lighting, and French doors leading to a large wraparound balcony. An elevator in the building makes coming and going a breeze. The property offers flexibility for your lifestyle — ideal as a full-time residence, long-term rental, or short-term vacation rental (currently in a rental pool and often booked). Waterwheel’s amenities include 2 resort style pools, hot tubs, picnic areas, grills, sprawling pecan-shaded lawns, and direct access to the Guadalupe River — all within walking distance of the shops, dining, and entertainment in historic downtown New Braunfels. A separate deeded 10’x10’ storage unit is included — a rare and valuable feature that makes this condo especially practical for full-time living. Two parking spaces (one assigned, one unassigned) are also included. Move-in ready and full of potential — this one checks all the boxes!

Financial Info
Price
$398,000
$ / Sqft
$326
HOA
Yes - Mandatory / $569 / Monthly
HOA Name
Waterwheel
HOA Includes
Common Area Maintenance
Tax Rate
1.7%
Est. Taxes
$6,853
Tax Year
2025
Exemptions
None
Legal Info
Address
730 E Mather ST # 303
County
Comal
City
New Braunfels
State
TX
Zip
78130
Subdivision
Waterwheel Resort
Legal Description
WATERWHEEL RESORT CONDO, BLDG L, UNIT 303
Parcel
152064
Interior Features
Floor
Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Granite Counters, Eat-in Kitchen, Pantry
Appliances
Built-In Electric Range
Laundry
In Unit, Inside
Master Main
Yes
Interior Features
Breakfast Bar, Built-in Features, Ceiling Fan(s), Granite Counters, Electric Dryer Hookup, Eat-in Kitchen, French Doors, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Storage, Washer Hookup, None, See Remarks
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2006 / Resale
Square Feet
1,222 / Public Records
Garage Desc
Asphalt, Assigned
Foundation
Slab
Roof
Composition, Shingle
Construction
Stucco
Acres
8.76
Lot Description
Back to Park/Greenbelt, Landscaped, Level, Trees-Heavy, Trees-Large (Over 40 Ft)
Restrictions
Covenant
Flood Plain
No
View
Pool, River, Trees/Woods
Water Access
Yes
Waterfront
Yes
Area
CM
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Not Available, Phone Connected, Sewer Connected, Water Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Exterior Steps, Lighting, Playground, Covered, Porch, Rear Porch, Side Porch, Terrace, Wrap Around
Pool On Property
Yes
Area Amenities
BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Hot Tub Community, Picnic Area, Playground, Pool, Spa/Hot Tub, Sport Court(s)/Facility, Storage, Street Lights, Tennis Court(s)

Price history

Members only
Days on market
−$12,000 (−2.9%)
$410,000 → $398,000
1
Price reduction
Active
Since Sep 19, 2025
Price trend
List priceSep 2025Oct 2025
Property history2 events
DateEventPriceChange
Oct 5, 2025Price Decrease$398,000−$12,000 (−2.9%)
Sep 19, 2025New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
New Braunfels ISD
Elementary
Lamar
Middle
Oakrun
High
New Braunfels

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $398,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,916 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,916

Principal & interest
$2,013
Property taxes
$571
Homeowners insurance
$332

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$318,400$3,559$20,591$314,841
2$314,841$3,797$20,353$311,044
3$311,044$4,051$20,099$306,992
4$306,992$4,323$19,827$302,670
5$302,670$4,612$19,538$298,057
6$298,057$4,921$19,229$293,136
7$293,136$5,251$18,899$287,885
8$287,885$5,602$18,548$282,283
9$282,283$5,978$18,172$276,305
10$276,305$6,378$17,772$269,927
  • Year 1$314,841
    Principal paid
    $3,559
    Interest paid
    $20,591
    Starting balance
    $318,400
  • Year 2$311,044
    Principal paid
    $3,797
    Interest paid
    $20,353
    Starting balance
    $314,841
  • Year 3$306,992
    Principal paid
    $4,051
    Interest paid
    $20,099
    Starting balance
    $311,044
  • Year 4$302,670
    Principal paid
    $4,323
    Interest paid
    $19,827
    Starting balance
    $306,992
  • Year 5$298,057
    Principal paid
    $4,612
    Interest paid
    $19,538
    Starting balance
    $302,670
  • Year 6$293,136
    Principal paid
    $4,921
    Interest paid
    $19,229
    Starting balance
    $298,057
  • Year 7$287,885
    Principal paid
    $5,251
    Interest paid
    $18,899
    Starting balance
    $293,136
  • Year 8$282,283
    Principal paid
    $5,602
    Interest paid
    $18,548
    Starting balance
    $287,885
  • Year 9$276,305
    Principal paid
    $5,978
    Interest paid
    $18,172
    Starting balance
    $282,283
  • Year 10$269,927
    Principal paid
    $6,378
    Interest paid
    $17,772
    Starting balance
    $276,305
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.