$515,000
●
Condo -
Off Market
551 Terminal Loop RD #B3
McQueeney, TX 78123
3 Beds
2 Baths
1,520 Ft²
$3,464
Est. Monthly
$358
HOA / Fees
About This Property
Get moved into this updated 3 bedroom 2 bathroom condo just in time
for the return of Lake McQueeney. This unit has a commanding view
of the swimming pool and the lake. This gated waterfront community
provides a lock and leave lake living experience. This condo
provides a ground floor patio with direct access to the pool, boat
lift, storage unit, and covered parking for 2. The Waterfront
Condos are conveniently located on the north side of Lake McQueeney
with a short commute to Seguin/New Braunfels/IH35/IH10.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$339
Property Type
Condo
Property Taxes
$577
HOA Dues
$358
Year Built
1972
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Cap Rate Calculator
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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: 7 months ago (Unlock MLS #ACT9429422)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Anders Pierce Realty | $515,000 | |
| Listed by Anders Pierce Realty | |||
   | |||
|
Get moved into this updated 3 bedroom 2 bathroom condo just in time for the return of Lake McQueeney. This unit has a commanding view of the swimming pool and the lake. This gated waterfront community provides a lock and leave lake living experience. This condo provides a ground floor patio with direct access to the pool, boat lift, storage unit, and covered parking for 2. The Waterfront Condos are conveniently located on the north side of Lake McQueeney with a short commute to Seguin/New Braunfels/IH35/IH10.
| |||
| Jan 15, 2026 | Price Decreased |
$540,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by Anders Pierce Realty, LLC | $555,000 | |
| Listed by Anders Pierce Realty, LLC | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Covered
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Two Primary Baths
Appliances: Electric Range, Refrigerator
Flooring Type: Carpet, Tile
Exterior Details
Has Property Attached
Square Footage: 1520
Square Footage Source: $0
Green Sustainability
Property Condition: Resale, Good
Year Built Source: Public Records
Year Built: 1972
Waterfront Features: Lake Front, Waterfront
Waterbody Name: Lake McQueeney
Levels: Two
Other Structures: Outbuilding
Window Features: See Remarks
Construction Materials: HardiPlank Type
Patio and Porch Features: Covered
Pool Features: Fenced, In Ground
Pool is Private
Lot Features: None
Lot Size Area: 87311.66
Lot Size Units: Square Feet
Lot Size Acres: 2.0044
Lot Size Square Feet: 87311.66
Water Source: Public
Financial Details
Tax Map Number: 3
Tax Assessed Value: $391,720
Tax Annual Amount: $6,927
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Shared Septic
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $358
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2026
|
3 Bed
|
2 Bath
|
1520 ft²
|
$555,000
3 Bed
2 Bath
1520 ft²
|
$515,000
-7.21%
01/06/2026
|
Heath Anders
Anders Pierce Realty, LLC
| |
|
05/30/2025
|
2 Bed
|
2 Bath
|
905 ft²
|
$424,900
2 Bed
2 Bath
905 ft²
|
$397,000
-6.57%
07/29/2025
|
Frank Baker
Keller Williams New Braunfels
| |
|
03/01/2024
|
2 Bed
|
2 Bath
|
905 ft²
|
$383,900
2 Bed
2 Bath
905 ft²
|
-
-
|
Chad Johnson
Keller Williams - Heritage
| |
|
10/20/2023
|
2 Bed
|
2 Bath
|
905 ft²
|
$383,900
2 Bed
2 Bath
905 ft²
|
-
-
|
Chad Johnson
Keller Williams - Heritage
| |
|
05/19/2023
| |
2 Bed
|
2 Bath
|
905 ft²
|
$349,900
2 Bed
2 Bath
905 ft²
|
$325,000
-7.12%
05/19/2023
|
Travis Shaw
Travis Shaw Realty
|
|
05/16/2023
|
2 Bed
|
2 Bath
|
905 ft²
|
$425,000
2 Bed
2 Bath
905 ft²
|
-
-
|
Holly Coates
Travis Shaw Realty
| |
|
05/15/2023
|
2 Bed
|
2 Bath
|
905 ft²
|
$425,000
2 Bed
2 Bath
905 ft²
|
-
-
|
Holly Coates
Travis Shaw Realty
| |
|
01/30/2022
|
2 Bed
|
2 Bath
|
905 ft²
|
$419,000
2 Bed
2 Bath
905 ft²
|
$410,000
-2.15%
04/06/2022
|
Janie Thelen
RE/MAX Associates
| |
|
04/07/2021
| |
2 Bed
|
2 Bath
|
905 ft²
|
$299,500
2 Bed
2 Bath
905 ft²
|
-
-
|
-
|
|
09/24/2007
|
3 Bed
|
2 Bath
|
1520 ft²
|
$240,000
3 Bed
2 Bath
1520 ft²
|
$228,000
-5.00%
05/09/2008
|
Kendra Wray
Keller Williams - Heritage
| |
|
10/30/2006
|
2 Bed
|
2 Bath
|
905 ft²
|
$169,000
2 Bed
2 Bath
905 ft²
|
$169,000
08/31/2007
|
Kendra Wray
Keller Williams - Heritage
|
Building Info
About McQueeney
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Listed by: Heath Anders
Listed Office: Anders Pierce Realty, LLC - Listing courtesy of Unlock MLS
Phone: (830) 214-6002
Last Updated: 2026-04-07 04:17:51
Data Source: Unlock MLS, MLS# ACT9429422
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Anders Pierce Realty, LLC - Listing courtesy of Unlock MLS
Phone: (830) 214-6002
Last Updated: 2026-04-07 04:17:51
Data Source: Unlock MLS, MLS# ACT9429422
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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