$169,000
●
Condo -
Off Market
551 TERMINAL LOOP RD #D6
McQueeney, TX 78123
2 Beds
2 Baths
905 Ft²
$293,118
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model
About This Property
Fantastic 2/2 waterfront condo. Upstairs unit with partial view of
Lake McQueeney from the private balcony. Recently remodeled,
designer paint, fireplace in living area, ceiling fans, utility
room w/stackable washer/dryer. Covered boat lift, in ground pool,
two covered carport spaces, gated entry, HOA fee for common areas,
yard, pool, insurance, etc...
Unit Size
905 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
Condo
Property Taxes
$0
HOA Dues
$200
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: 5 months ago (LERA #621149)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2007 | Sold | ||
| Sold | |||
| Oct 30, 2006 | Listed by Mickey Ferrell, REALTORS Inc. | $169,000 | |
| Listed by Mickey Ferrell, REALTORS Inc. | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Appliances: Cooktop, Oven, Refrigerator, Electric Water Heater, Stacked W/D Connection, Stacked Washer/Dryer, High Speed Internet Acces
Flooring Type: Carpet, Ceramic Tile
Fireplace Features: Living Room, Wood Burning, One
Exterior Details
Has Property Attached
Square Footage: 905
Property Condition: Pre-Owned
Year Built: 1972
Builder Name: Unknown
Levels: 1
Construction Materials: Siding
Financial Details
Tax Annual Amount: $2
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Central, Heat Pump
Location Details
HOA Fee: $200
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: Kendra Wray, Mickey Ferrell, REALTORS Inc.
Last Updated: 5 months ago
Data Source: LERA, MLS# 621149
Last Updated: 5 months ago
Data Source: LERA, MLS# 621149
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