ActiveResidential · sale

305 Elm

McQueeney, TX 78123

$189,000

  • 3 beds
  • 2 baths
  • 1,625 sq ft
  • 0.34 acres
  • Built 1990

Listed by Central Texas Trinity Realty · MLS #2006563

305 Elm, McQueeney, TX 78123 — photo 1 View full photo
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PROPERTY QUESTIONS & SHOWINGS

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305 Elm, McQueeney, TX 78123 · MLS #2006563

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1990.

Property size

0.34 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Here's a place to unwind, entertain, and enjoy the Lake McQueeney lifestyle! Nestled on approximately one-third of an acre in the Lake McQueeney Estates subdivision, this inviting 3-bedroom, 2-bath home offers over 1,600 square feet of comfortable living space with room to spread out both inside and out. Whether you're searching for your primary residence, a weekend getaway near the lake, or an investment opportunity, this property is full of possibilities. Step inside to discover a bright, welcoming interior featuring fresh paint throughout much of the home along with new flooring in select areas, creating a clean, updated feel that's ready for your personal touch. Outside is where this property truly shines. A magnificent shade tree greets you in the front yard, while another beautiful mature tree anchors the backyard, creating the perfect setting for relaxing afternoons or weekend gatherings. The extended rear patio provides an ideal space for grilling, entertaining, or simply enjoying the peaceful surroundings. Need room for vehicles, boats, or recreational toys? The oversized covered metal carport offers parking for three to four vehicles, providing the flexibility every homeowner appreciates. The detached outbuilding adds even more value with two separate rooms that can easily serve as storage, a workshop, hobby space, home office, fitness room, craft studio, or the ultimate man cave or she shed. The possibilities are limited only by your imagination. Additional highlights buyers will love: No HOA - enjoy the freedom to truly make the property your own Low tax rate of 1.4132 - helping keep monthly expenses more affordable USDA eligible area - potential for zero down financing for qualified buyers Conveniently located just minutes from Lake McQueeney, this home offers the opportunity to enjoy the area's recreational lifestyle while still being close to shopping, dining, and the conveniences of Seguin, New Braunfels, and surrounding communities. If you've been looking for a property that offers space, versatility, and a fantastic location near one of Central Texas' most beloved lakes, this is one you won't want to miss.
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THE NEIGHBORHOOD

Explore the location.

305 Elm, McQueeney, TX 78123

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1990
Full baths
2
Half baths
0
Cooling
One Central
Heating
Central
Flooring
Carpeting, Linoleum, Vinyl
Exterior
Siding
Accessibility
Ramped Entrance, Level Lot, Level Drive, Full Bath/Bed on 1st Flr, First Floor Bedroom, Ramp - Main Level, Stall Shower, Wheelchair Accessible, Wheelchair Ramp(s)
Pool features
None
Subdivision
Lake MC QUEENEY ESTATES #1
Parcel
1G1730100006000000
HOA amenities
None
Elementary school
Mcqueeney
High school
Seguin
Annual property tax
$1,985.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$402.44
Estimated monthly rent$787.50
Cap rate2.81%

Annual operating income: $5,301.80

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #2006563 · San Antonio Board of Realtors

Listing brokerage: Central Texas Trinity Realty
Listing agent: Lucy Gamez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.