This study deals with the estimation of material properties according to the construction condition for water-soluble rubberized asphalt waterproofing material of spray type. In this study, the waterproofing material property by the spray construction method is suggested by means of estimation its tensile performance and temperature dependency according to mix proportion ratio(4:1, 8:1), referenced viscosity and solid content (A:360cps, 76%, B:580cps, 79%, C:490cps, 70%), spray angle($30^{circ}$, $45^{circ}$, $60^{circ}$), and spray distance(30cm, 50cm, 70cm). The result of testing are as follows. (1) The mix proportion ratio of principal agent and hardener is 4:1. (2) The viscosity referenced and solid content are 490cps and 70%. (3) The spray angle referenced is $45.^{circ}$ (4) The distance referenced from concrete surface to spray gun is 40~50cm.