$299,900
●
Land -
For Sale
628 CYPRESS RDG
McQueeney, TX 78123
Studio
0 Bath
$1,882
Est. Monthly
About This Property
Lake Placid is back at full pool, creating an exceptional
opportunity to build on an improved waterfront property with a
private boat dock, retaining wall, and enhanced shoreline already
in place. The waterfront improvements provide a valuable head start
while preserving the flexibility to create a custom lakefront
retreat tailored to your vision. The property offers beautiful
open-water views, a gentle terraced slope, and a potential build
site located outside the current 100-year floodplain. Whether
planned as a full-time residence, weekend getaway, or investment
property, the setting is designed to take full advantage of the
lake and surrounding scenery. With the lake restored, boating,
fishing, swimming, paddleboarding, and other water activities are
once again right outside your door. The private dock provides
convenient access to the water, while the retaining wall helps
protect the shoreline and enhance long-term usability. Located just
minutes from downtown Seguin, the property offers easy access to
local restaurants, shopping, entertainment, and community events
while maintaining the peaceful atmosphere that makes waterfront
living so desirable. Improved Lake Placid waterfront lots with
existing dock infrastructure, shoreline improvements, strong views,
and quality build potential are increasingly difficult to find. A
rare opportunity to build on a waterfront property that's already
positioned to enjoy the lake lifestyle from day one.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$409
HOA Dues
-
Year Built
-
Listed By
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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: 4 months ago (LERA #1996714)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Listed by Keller Williams Heritage | $299,900 | |
| Listed by Keller Williams Heritage | |||
| Sep 16, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 10, 2025 | Price Increased |
$349,900
↑ $10K
(2.9%) | |
| Price Increased | |||
| Jun 3, 2025 | Listed by Keller Williams Heritage | $339,900 | |
| Listed by Keller Williams Heritage | |||
   | |||
|
Where river charm meets future lakefront living. This slice of Lake Placid offers more than just shoreline—it’s a head start on the ultimate waterfront lifestyle. With a dock and retaining wall already in place plus heavily improved water access, you’re set up to enjoy the perks now while the lake gears up for its big return in Fall 2025. Perched along a gently terraced slope with panoramic water views, the property offers a potential build site outside the 100-year floodplain—ideal for building your dream retreat with peace of mind. The Guadalupe River still winds through, so whether you're into kayaking, jon boating, or casting a line, the fun doesn’t stop while the dam rebuild continues. And when the lake fills back in? You’ll be front and center for the magic. Every evening ends with golden-hour skies, and every day starts just minutes from downtown Seguin’s growing scene of local shops, eats, and events. Whether you’re after adventure or just a quiet escape, this is where the two meet. Turn the vision into reality—this is lakeside living, in motion.
| |||
| Sep 15, 2023 | No longer available | - | |
| No longer available | |||
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Property Highlights
Exterior Details
Lot Size Area: 9801
Lot Size Units: Square Feet
Lot Size Acres: 0.225
Lot Size Square Feet: 9801
Financial Details
Tax Annual Amount: $4,909
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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About Guadalupe
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Listed by: Billy Stephens, Keller Williams Heritage
Last Updated: 4 months ago
Data Source: LERA, MLS# 1996714
Last Updated: 4 months ago
Data Source: LERA, MLS# 1996714
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