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$3,400,000
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Property Description
Opportunities like this rarely become available! Nestled on 1.258 beautifully treed acres just moments from the heart of Gruene, this custom 3,164-square-foot home blends timeless Texas character with modern comfort in one of New Braunfels' most sought-after locations. Built in 2007 with an appreciation for New Braunfels' rich history, the owners thoughtfully incorporated reclaimed and historic architectural elements throughout the home, creating a residence that is warm, authentic, and truly one of a kind. Designed with accessibility in mind, the home is handicap accessible, offering comfort and ease of living for a variety of lifestyles.The spacious floor plan features 3 bedrooms, 3 full bathrooms, and a loft, with a private third bedroom featuring its own entrance-ideal for guests, multi-generational living, a home office, studio, or potential rental income. Designed for entertaining, expansive patios surround the sparkling pool, creating the perfect setting for gatherings or relaxing beneath the mature oak trees.The fully fenced property is enclosed by a substantial masonry wall with wood fencing, providing exceptional privacy. Additional improvements include storage buildings, chicken coop, mature trees, and a circular driveway with abundant parking.Perhaps the property's greatest asset is something that cannot be recreated. Zoned R-3 Multi-Family, this rare offering provides outstanding flexibility for future investment or redevelopment. Step through your private gate into Gruene Lake Village for shopping and dining, or take a short golf cart ride to the Historic Gruene District, where you'll enjoy Gruene Hall, boutiques, restaurants, wineries, and the Guadalupe River. Whether you're searching for a private estate, investment opportunity, or legacy property, 1690 Waterway Lane represents one of the most extraordinary opportunities available in Gruene.This isn't just a home,it's one of the last opportunities to own a significant piece of Gruene.
Full Property Details
Full Property Details for 1690 Waterway Ln
General
- Price: $3,400,000
- Status: Active
- Type: Single Family
- Source: Central_Texas_MLS
- MLS ID: 618483
- Updated: 7/4/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: All Bedrooms Down, Attic, Beamed Ceilings, Ceiling Fan(s), Chandelier, Dining Area, Separate/Formal Dining Room, Double Vanity, Game Room, Garden Tub/Roman Tub, High Ceilings, His and Hers Closets, Primary Downstairs, Multiple Living Areas, MultipleDining Areas, Main Level Primary, Multiple Closets, Open Floorplan, Permanent Attic Stairs, Recessed Lighting, Split Bedrooms
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Wood Burning, Wood BurningStove
- Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Other, Refrigerator, Range Hood, See Remarks, Tankless Water Heater, Vented Exhaust Fan, Washer, Some Gas Appliances, Range
- Flooring: Hardwood, Tile, Wood, Carpet Free
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry in Utility Room, Main Level, Lower Level, Laundry Room
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Above Ground, Gunite, In Ground, Outdoor Pool, Private
Exterior
- Exterior Features: Covered Patio, Deck, Handicap Accessible, Porch, Private Yard, Rain Gutters, Storage
- Porch/Patio/Deck: Covered, Deck, Patio, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Parking Features: Attached Carport, Attached, Carport, Garage Faces Front, Garage, Garage Door Opener, Oversized, Garage Faces Side, Driveway Level
Location
- County: Comal
- Driving Directions: I-35 exit 189, TX-337 Loop W/TX-46 W , to Hanz Dr., then left on Gruene Rd and right on Waterway Lane. Resident will be located on the right hand side. There is no entry off of Gruene Lake Village Drive.
School Information
- Elem School District: Comal ISD
- Midd School District: Comal ISD
- High School District: Comal ISD
- Elementary School: Goodwin-Frazier Elementary
- Middle School: Church Hill Middle School
- High School: Canyon High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric, 2 Units
- Heating Type: Central, Electric, Fireplace(s), Multiple Heating Units, Wood Stove
Utilities
- Electric Available: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Water Available
Structural Information
- Architectural Style: Ranch, Traditional
- Builder: Texas Heritage Const
- Construction: Masonry, Stone Veneer, Stucco, Wood Siding
- Roof: Metal
- Windows: Window Treatments
- Stories/Levels: 1
- Square Feet: 3,164
- Sq. Ft. Source: Appraiser
- Living Area: 3,164 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s), Outbuilding, Storage
Lot Features
- Property View: Other
- Lot Size (Acres): 1.258
- Frontage: City Street, Asphalt, Paved
- Street Lights: Yes
- Fencing (Description): Back Yard, Full, Front Yard, Gate, Masonry, Privacy, Wood
Water Features
- Water Front Name: Other-See Remarks
Financial Considerations
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Other, See Remarks, Survey
- Legal Description: A-154 SUR-34 H FOSTER, ACRES 1.258, LIFE ESTATE LIFE ESTATE
- Disclosures/Rstr.: Homestead Exemption, Senior Tax Exemption
- Property ID: 70695
Listed by All City San Antonio Registere
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Schools
Schools serving 1690 Waterway Ln
School District:Comal Independent School District
| Name | Grades | Distance |
|---|---|---|
Goodwin Frazier Elementary School 1441 N Business 35, New Braunfels, TX 78130 | PK-5 | 1.6 mi |
Church Hill Middle School 1275 North Business 35, New Braunfels, TX 78130 | 6-8 | 1.9 mi |
Canyon High School, New Braunfels, TX 1510 Ih 35 N, New Braunfels, TX 78130 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1690 Waterway Ln
Date
Details
Price
Change
Source
7/04/2026
Listed
$3,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1690 Waterway Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,866
-26%
$797,766
10%
2023
$3,849
—
$725,242
10%
2023
$3,849
-37%
$659,311
-32%
2022
$6,073
—
$965,130
-10%
2021
$6,054
268%
$1,066,950
1304%
2010
$1,645
—
$76,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1690 Waterway Ln
1690 Waterway Lane, New Braunfels, TX 78130 (MLS# 618483) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1690 Waterway Lane is currently listed for $3,400,000 and was received on July 04, 2026. Want to learn more about 1690 Waterway Lane? Do you have questions about finding other Single Family real estate for sale in New Braunfels? You can browse all New Braunfels real estate or contact a Coldwell Banker agent to request more information.

