$3,499,777
●
House -
For Sale
164 Cypress Way
McQueeney, TX 78123
6 Beds
6 Baths,
1
Half Bath
6,280 Ft²
$21,380
Est. Monthly
$458
HOA / Fees
-0.24%
Cap Rate
About This Property
Lake McQueeney Waterfront Home in the Exclusive gated subdivision
The Point at Lake McQueeney. Incredible views in all directions.
Premium location shaded with mature trees and awesome breeze. No
expense spared in this 6 Bedroom, 6 Bath marvel. Multi Living
areas. Chef Kitchen. Butlers Pantry. Elevator. Lakeside owners
suite with spa like bath. Screened Porch is conditioned on demand.
Extensive outdoor decks and living areas. Outdoor Kitchen. Fire
Pit. Negative edge Infinity Pool. Dbl Boathouse. 103 ft of
waterfront. This beauty is a lake homeowners dream.
Unit Size
6,280 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$557
Property Type
House
Property Taxes
$3,737
HOA Dues
$458
Year Built
2014
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: 5 months ago (LERA #1621076)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | Listed by Keller Williams Heritage | $3,499,777 | |
| Listed by Keller Williams Heritage | |||
| Jan 28, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | Listed | $3,500,000 | |
| Listed | |||
| | |||
|
Lake McQueeney Waterfront home in the Exclusive, Gated subdivision The Point at Lake McQueeney. Newly furnished by a professional decorator and is offered turn key. Incredible views in all directions. Premium location shaded with mature trees and awesome breeze. No expense spared in this 6 Bedroom, 6 Bath marvel. Multi Living areas. Chef Kitchen. Elevator. Screened Porch is conditioned on demand. Extensive outdoor decks and living areas. Outdoor Kitchen. Fire Pit. Negative edge Infinity Pool. Dbl Boathouse The manager has listed the unit size as 6280 square feet.
| |||
| Jul 9, 2017 | Listed | $3,600,000 | |
| Listed | |||
| | |||
|
Lake McQueeney Waterfront home in the Exclusive, Gated subdivision The Point at Lake McQueeney. Fully Furnished. Incredible views in all directions. Premium location shaded with mature trees and awesome breeze. No expense spared in this 6 Bedroom, 6 Bath marvel. Multi Living areas. Chef Kitchen. Elevator. Screened Porch is conditioned on demand. Extensive outdoor decks and living areas. Outdoor Kitchen. Fire Pit. Negative edge Infinity Pool. Double Boathouse. Security System. The manager has listed the unit size as 6280 square feet.
| |||
Property Highlights
Fireplace
Interior Details
Half Bathrooms: 1
Full Bathrooms: 6
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, High Speed Internet, Walk-In Closet(s), Chandelier, Three Living Area, Separate Dining Room, Two Eating Areas, Island Kitchen, Walk-In Pantry, Study/Library, Game Room, Media Room, Utility Room Inside, Cable TV Available
Appliances: Oven, Refrigerator, Disposal, Dishwasher, Gas Water Heater, Washer Connection, Dryer Connection, Microwave Oven, Stove/Range, Gas Cooking, Ice Maker Connection, Security System (Owned), Solid Counter Tops, 2nd Floor Utility Room, Custom Cabinets, Propane Water Heater, 2+ Water Heater Units
Flooring Type: Carpet, Ceramic Tile, Wood, Slate
Has Fireplace
Fireplace Features: Living Room, Family Room, Gas Log, Wood Burning, Two
Fireplaces: 2
Exterior Details
Square Footage: 6280
Security Features: Smoke Detector(s)
Property Condition: Pre-Owned
Architectural Style: Other
Year Built: 2014
Builder Name: Bart Sutton
Other Structures: Boat House
Window Features: Double Pane Windows
Construction Materials: Fiber Cement, Stone/Rock
Patio and Porch Features: Patio, Deck
Pool Features: In Ground
Lot Features: Corner Lot, On Waterfront
Lot Size Area: 22215.6
Lot Size Units: Square Feet
Lot Size Acres: 0.51
Lot Size Square Feet: 22215.6
Lot Size Dimensions: 103
Financial Details
Tax Annual Amount: $44,846
Utilities Details
Cooling Type: Ceiling Fan(s), Three+ Central
Heating Type: Central
Sewer : Aerobic Septic
Location Details
HOA/Condo/Coop Amenities: Cable TV, Controlled Access
HOA Fee: $5,500
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About McQueeney
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Listed by: Kendra Wray, Keller Williams Heritage
Last Updated: 5 months ago
Data Source: LERA, MLS# 1621076
Last Updated: 5 months ago
Data Source: LERA, MLS# 1621076
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