ActiveResidential · sale

305 Elm Dr

McQueeney, TX 78123

$179,900

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

Listed by Central Texas Trinity Realty · MLS #ACT6675838

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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305 Elm Dr, McQueeney, TX 78123 · MLS #ACT6675838

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Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The extended rear patio is perfect for grilling and gathering with friends and family.

Year built

Built in 1990.

Garage parking

4 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Enjoy the Lake McQueeney lifestyle in this inviting 3-bedroom, 2-bath home offering over 1,600 square feet on approximately one-third of an acre in Lake McQueeney Estates. Whether you're looking for a primary residence, weekend getaway, or investment opportunity, this property offers plenty of possibilities! Inside, fresh paint throughout much of the home and new flooring in select areas create a welcoming feel. Outside, mature shade trees in both the front and backyard provide a beautiful setting for relaxing or entertaining. The extended rear patio is perfect for grilling and gathering with friends and family. Need extra parking or workspace? The oversized covered metal carport accommodates 3–4 vehicles, while the detached outbuilding features two separate rooms ideal for storage, a workshop, home office, hobby space, fitness room, or man cave/she shed.
Additional perks include no HOA, a low 1.4132 tax rate, and location in a USDA-eligible area, offering potential zero-down financing for qualified buyers. Just minutes from Lake McQueeney and convenient to shopping, dining, Seguin, and New Braunfels, this versatile property offers space, flexibility, and the opportunity to enjoy life near the lake! Don't miss this one!
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THE NEIGHBORHOOD

Explore the location.

305 Elm Dr, 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
Garage spaces
4
Cooling
Central Air
Heating
Central, Electric
Appliances
Electric Water Heater, Range
Flooring
Carpet, Linoleum, Vinyl
Fencing
Back Yard, Chain Link
Accessibility
Accessible Approach with Ramp
Pool features
None
Subdivision
Lake MC QUEENEY ESTATES #1
Parcel
1G1730100006000000
Elementary school
McQueeney
Middle school
Briesemeister
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.

Investor outlook Rental potential, ownership costs and property management

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$373.09
Estimated monthly rent$749.58
Cap rate2.74%

Annual operating income: $4,926.85

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

Have ERA review this rental estimate

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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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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LOCAL PEOPLE. SHARED COMMITMENT.

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From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

More in McQueeney.

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Listing information

MLS #ACT6675838 · Austin Board of Realtors

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

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.