$2,495,900
↑ $2M (399.2%)
●
House -
For Sale
114 Cypress Way
McQueeney, TX 78123
4 Beds
3 Baths,
2
Half Baths
4,090 Ft²
$13,459
Est. Monthly
$500
HOA / Fees
About This Property
Over 132' Of Waterfront In The Exclusive Gated Community Of The
Point At Lake McQueeney - Only 21 Amazing Home Sites * Open Cell
Spray Foam Insulation - Complete Envelope * Striated Panel Standing
Seam Metal Roof * Andersen Windows Package * 2 - 12' x 8' Great
Room Multi-Slider Unit * Custom Wood Cabinetry * Rinnai Tankless
Water Heaters * Viking/Wolf Premium Appliance Package * Engineered
Foundation Including Soil Analysis Plus Frame Design * 100" Linear
Electric Fireplace * 16+ SEER Engineered HVAC System With Media
Filtration * Sound Dampening Batts At Common Walls To Bathrooms &
Utility Room * 8' Solid Core Interior Doors * Quartz Countertops *
Engineered Hardwood Flooring, Tile Flooring In Bathrooms & Utility
Room, Carpet In Bedrooms 3 & 4 On Level 3 * Oversized 3 Car
Garage/Boat Storage * 6" Seamless Aluminum Gutters * Includes An
Allowance For Plunge Pool * MUCH MORE!
Unit Size
4,090 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$610
Property Type
House
Property Taxes
$703
HOA Dues
$500
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 days ago (LERA #1953801)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Increased |
$2,495,900
↑ $2M
(399.2%) | |
| Price Increased | |||
| Oct 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2026 | Listed by Starbright Realty | $499,950 | |
| Listed by Starbright Realty | |||
   | |||
|
Discover A Rare Waterfront Corner Lot In The Exclusive, Gated Community Of The Point At Lake McQueeney. Surrounded By Stunning Luxury Lake Homes, This Premier 0.52-Acre Homesite Is Cleared, Level And Ready For Your Custom Dream Retreat. Enjoy Approximately 132 Feet Of Pristine Waterfront, Beautifully Lined With Majestic Cypress Trees, Creating A Serene And Picturesque Setting. A Unique Opportunity To Build In One Of Lake McQueeney's Most Sought-After Neighborhoods.
| |||
| Oct 10, 2025 | Price Increased |
$1,999,500
↑ $2M
(299.9%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Parking Features: Garage Door Opener
Interior Details
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Breakfast Bar, High Ceilings, Open Floorplan, High Speed Internet, Walk-In Closet(s), Chandelier, One Living Area, Separate Dining Room, Island Kitchen, Walk-In Pantry, Study/Library, Utility Room Inside, Laundry Room
Appliances: Cooktop, Oven, Microwave, Refrigerator, Dishwasher, Vented Exhaust Fan, Gas Water Heater, Water Softener, Washer Connection, Dryer Connection, Self-Cleaning Oven, Gas Cooking, Ice Maker Connection, Security System (Owned), Pre-Wired for Security, Solid Counter Tops, Custom Cabinets, 2+ Water Heater Units
Flooring Type: Carpet, Ceramic Tile, Wood
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, One
Fireplaces: 1
Exterior Details
Square Footage: 4090
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: New Construction
Architectural Style: 3 or More
Year Built: 2026
Builder Name: Double Diamond Custom
Window Features: Double Pane Windows
Construction Materials: Fiber Cement, 4 Sides Masonry, Stone/Rock
Patio and Porch Features: Patio, Deck
Pool Features: In Ground, Other
Pool is Private
Lot Features: Corner Lot, Level, Cul-de-Sac/Dead End, Lakefront, On Waterfront, Water View, 1/2-1 Acre, Mature Trees (ext feat), Unimproved Water Front, Lake McQueeney, Water Access
Lot Size Area: 22651.2
Lot Size Units: Square Feet
Lot Size Acres: 0.52
Lot Size Square Feet: 22651.2
Lot Size Dimensions: 132'x258'x78'x277'
Financial Details
Tax Annual Amount: $8,436
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Controlled Access, Waterfront Access
HOA Fee: $500
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About McQueeney
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Listed by: Thomas Lee, Starbright Realty
Last Updated: 13 days ago
Data Source: LERA, MLS# 1953801
Last Updated: 13 days ago
Data Source: LERA, MLS# 1953801
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