$293,000 - $357,000
●
Condo -
Off Market
551 Terminal Loop #D7
McQueeney, TX 78123
2 Beds
2 Baths
905 Ft²
About This Property
Don't miss this extraordinary chance to acquire a ground floor
condo at The Waterfront, a rare gem in the real estate market!
Revel in the comforts of a spacious 2-bedroom, 2-bathroom condo
complete with a boat slip, two covered parking spaces, and an
expansive storage unit (10x20) ideal for all your lake equipment.
Nestled within a charming community of just 24 units, you'll find
yourself amidst the scenic beauty of a swimming pool, BBQ area, and
the serene Lake McQueeney. Unit is fully furnished including
appliances. This is a must see and a rare opportunity to own a
Waterfront Condominium. Would be terrific for a short term
investment while dam is being replaced!
The manager has listed the unit size as 905 square feet.
The manager has listed the unit size as 905 square feet.
Unit Size
905 Ft²
Days on Market
-
Land Size
-
Price per sqft
$359
Property Type
Condo
Property Taxes
$285
HOA Dues
$225
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Nov 30, 2023 | Price Decreased |
$349,900
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Nov 5, 2023 | Price Decreased |
$375,000
↓ $24K
(6%) | |
| Price Decreased | |||
| Sep 22, 2023 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017