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$1,250,000

107 Palmkey St, McQueeney, TX, 78123

$1,323,491 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$327.74 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Range Hood, Some Electric Appliances, Built In Oven, Cooktop, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Lift, Balcony, Deck, Dock, Lighting, Porch
Lot Size8,607 sqft

Building Information

Year Built1999
Stories1
Roof Type112
Garage Spaces1

Land Information

APN1G-3320-0000-11600-000
Lot Number116
SubdivisionTreasure Island
Land UseResidential
Legal DescriptionLOT: 116-R BLK: ADDN: TREASURE ISLAND .20 ACS
Census Tract210606
Assessed Land Value$440,398
Assessed Improvement Value$955,373
Assessment Year2025

About this property

Modern Lakefront Living on Lake McQueeney — Treasure Island Welcome to your modern lakefront escape on beautiful Lake McQueeney, TX. This stunning two-story home blends style, comfort, and true waterfront living, with sweeping lake views and direct water access from your own dock, boathouse, boat lift, and boat slip. Inside, a thoughtful split-bedroom floor plan places all three bedrooms upstairs, including a primary suite with a walk-in closet, double vanity, and a beautifully appointed shower-only bath. High ceilings, recessed lighting, tile flooring, plantation shutters, skylights, and ceiling fans throughout create a bright, airy feel from room to room. The open living and dining areas are made for everyday life and entertaining alike, with multiple dining spaces, a breakfast area, pantry, and wet bar rounding out a well-equipped kitchen with an electric range, dishwasher, and built-in microwave. The home is also pre-wired for security and speakers, adding modern convenience. Downstairs offers flexible living space with multiple sleeping options, 2 kitchenettes, a full bathroom, and additional washer/dryer connections — perfect for guests, extended family, or lake weekends with a crowd. Outside, multiple decks with perma-decking, covered porches, and a sundeck above the boathouse set the stage for boating, fishing, swimming, or simply relaxing by the water, with an electric lift adding extra convenience. Set in Treasure Island — one of the most desirable lakefront communities in Texas — and surrounded by the lake and other custom homes, this property offers easy access to both New Braunfels and San Antonio.

Investor Tools

$0Estimated Mortgage Balance
$1,547,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,323,491
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,282 /month
Positive
Cash Flow Estimate:
$3,094 /month

Interested in this property?

Missy Fredrickson

Lake Homes Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,963/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,819
$1,210,340
2025
$440,398
$955,373
$1,395,771
No

Tax History

Year
Tax Paid
Assessed Value
2023
$15,819
$1,210,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,547,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
N/A
+$1,631/mo
1.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: McQueeney

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