2034 Rueben Rd New Braunfels, TX $ 7,500,000
2034 Rueben Rd
$ 7,500,000
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2034 Rueben Rd

New Braunfels, TX, 78130
$ 7,500,000
Baths0.0 Sq 26,220

Monthly Estimate*

$ 52,390

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Studio Commercial Property for sale in New Braunfels, TX for $7,500,000. This 26,220 square foot building was built in 2020.

19 unit condo complex; 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.

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Commercial Active

Price

$ 7,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 37,161

Style

Commercial Improved Prop

Year Built

2020

Town/City

New Braunfels

County/Region

GUADALUPE

MLS | Web ID

1605211

Features
General
Heating Central
Cooling Central
Ceiling Height 9
Zoning COMM
Construction Stone Rock/Stone Veneer Other
Amenities Not Applicable/None
Stories 2
Class Commercial Improved Prop
Monthly Lease 32075
Type Apartments
Number of Units 19
Roof Composition
Status Active
Utilities Electricity Water Telephone Sewer Cable TV
Area 2707
Number of Buildings 10
Year Built 2020
School District New Braunfels
Proposed Terms Cash Conventional
Legal Description SUNGATE COMMERCIAL LOT#2 BLK #1 3.048 ACS
Taxes 37161
Restrictions Subdivision Deed
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Exterior
# of Drive-In Doors 0
Foundation Slab
Flood Plan None
Total Parking 80
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* Excluded Features
List By
Dominique Jimenez

Listing Agent

Real

Broker

dominique.sarealtor@gmail.com;dominique.sarealtor@gmail.com

Email

Affordability Calculator

$55,486
Per Month
94%
6%
0%
Monthly Principal & Interest
$52,390
Monthly Property Taxes
$3,097
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
745822 Elementary School
746020 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2022$6,500,000 Listed Price

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2034 Rueben Rd, New Braunfels, TX, 78130 is a Commercial Property for sale at $7,500,000 with 26,220 sqft. 2034 Rueben Rd is a studio with 0.0 baths and was built in 2020. The property's zip code is 78130 which is in New Braunfels, TX