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$479,900
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Property Description
Welcome to one of the most unique and sought-after opportunities at Waterwheel Condominiums! This rare 4-bedroom, 3-bathroom, two-story condo is one of only two four-bedroom units in the entire complex, making it an exceptional find for both personal enjoyment and investment potential. Thoughtfully designed and beautifully updated, this spacious unit offers the perfect blend of comfort, functionality, and resort-style living. Inside, you'll find an inviting layout featuring granite countertops, custom cabinetry, and upgraded light fixtures throughout. The fully equipped kitchen flows seamlessly into the main living area, creating an ideal space for gathering and entertaining. The condo comes fully furnished and is designed to comfortably accommodate large groups, offering a well-balanced layout that provides both comfort and privacy. What truly sets this unit apart are the two private balconies, offering stunning views of the resort-style pool and expansive green space. Whether you're enjoying your morning coffee or unwinding at sunset, these outdoor spaces create the perfect setting to relax and take in the peaceful Hill Country atmosphere. Waterwheel Condominiums are known for their outstanding amenities, including two sparkling pools, four hot tubs, and direct access to the Guadalupe River. Spend your days floating the river, lounging under the shade of mature pecan trees, or gathering with friends and family in the beautifully maintained BBQ and picnic areas. With the ability to comfortably sleep up to ten guests, this condo is not only an incredible vacation retreat but also a proven income-producing property. Its rare four-bedroom layout, prime location within the complex, and strong rental appeal make it a standout investment opportunity in the heart of New Braunfels. Don't miss your chance to own one of the most exclusive units at Waterwheel, where riverfront relaxation meets unmatched versatility.
Full Property Details
Full Property Details for 730 E Mather St #E201
General
- Price: $479,900
- Status: Active
- Type: Condo
- Source: Central_Texas_MLS
- MLS ID: 607619
- Updated: 3/17/2026
- Added to Site: 25 day(s) ago
Interior
- Number of Rooms: 1
- Interior Features: Built-in Features, Ceiling Fan(s), Furnished, Upper Level Primary, Vanity, Walk-In Closet(s), Breakfast Bar, Custom Cabinets, Granite Counters, Kitchen/Dining Combo, Pantry, Walk-In Pantry
- Fireplace(s): None
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Ice Maker, Oven, Refrigerator, Range Hood, Water Heater, Washer, Some Electric Appliances, Built-In Oven, Cooktop, Microwave, Range
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry Closet, In Kitchen, Lower Level
Additional Information
- Pool: Yes
- Pool Description: Community, Heated, In Ground
- Spa: Yes
- Spa Description: Community, Heated, In Ground
- Security/Safety: Security Lights
Exterior
- Exterior Features: Balcony, Covered Patio, Elevator, Porch, Security Lighting
- Porch/Patio/Deck: Balcony, Covered, Patio, Porch
Location
- County: Comal
- Subdivision: Waterwheel Resort
- Driving Directions: From 135-S: Exit 189. Turn right on Loop 337, take a left on Common, another left turn on Peace and right on Mather, complex will be on the left.
School Information
- Elem School District: New Braunfels ISD
- Midd School District: New Braunfels ISD
- High School District: New Braunfels ISD
Community
- Association: Yes
- Assoc. Name: Waterwheel HOA
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, 1 Unit
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, High Speed Internet Available, Water Available
Structural Information
- Construction: Stucco
- Roof: Composition, Shingle
- Elevator: Yes
- Stories/Levels: 2
- Square Feet: 1,470
- Sq. Ft. Source: Appraiser
- Living Area: 1,470 Sq. Ft.
- Year Built: 2003
- Year Built Source: Assessor
- Property Condition: Resale
- Other Struct. Feat.: Elevator(s)
Lot Features
- Property View: River, Water, Pool
- Lot Size (Acres): 8.764
- Frontage: City Street, Paved
- Sidewalks: Yes
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Guadalupe River, Water Access, Waterfront
- Water Front Desc.: Other
- Water Front View: Other
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: WATERWHEEL RESORT CONDO, BLDG E, UNIT 201
- Property ID: 137242
- Block: E
- Lot Number: 201
Listed by My New Braunfels Vacation
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Price & Sales History for 730 E Mather St #E201
Date
Details
Price
Change
Source
3/17/2026
Listed
$479,900
—
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 730 E Mather St #E201
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,272
-3%
$415,000
-22%
2023
$8,516
—
$532,810
8%
2023
$8,516
15384%
$493,261
75%
2018
$55
-99%
$282,045
—
2021
$5,716
-2%
$282,045
—
2020
$5,824
-17%
$282,045
-13%
2019
$6,989
-3%
$323,290
—
2018
$7,173
15%
$324,290
14%
2017
$6,213
14%
$284,330
14%
2016
$5,431
27%
$249,120
27%
2015
$4,286
-2%
$196,580
-2%
2014
$4,393
3%
$201,490
3%
2013
$4,263
—
$194,850
—
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 730 E Mather St #E201
730 E Mather Street #E201, New Braunfels, TX 78130 (MLS# 607619) is a Condo property with 4 bedrooms and 3 full bathrooms. 730 E Mather Street #E201 is currently listed for $479,900 and was received on March 17, 2026. Want to learn more about 730 E Mather Street #E201? Do you have questions about finding other Condo 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.

