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$589,900

344 Shangrila Lane, New Braunfels, TX, 78130

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$526.7 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Water Heater, Cooktop, Range
FlooringVinyl

Exterior

Lot Size15,825 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN1G-3010-0000-00800-000
Lot Number8,9
SubdivisionShangrila
Land UseResidential
Legal DescriptionSHANGRILA LOTS 8 & 9 MH=RAD1118964/965
Census Tract210606
Assessed Land Value$293,483
Assessed Improvement Value$92,614
Assessment Year2025

About this property

Prime Lake McQueeney waterfront with wide shoreline and easy access to the water. And yes, Lake McQueeney is back to full pool. This property features a private wood dock with boat lift and a spacious backyard that gently slopes toward the river—making time on the water simple and convenient. Mature shade trees create a beautiful natural setting, while the large open lawn provides room for entertaining, relaxing, or enjoying outdoor activities. Expansive outdoor areas offer shade and comfort, creating multiple spaces to gather throughout the day. Practical features include a metal carport for boat or vehicle storage and a detached workshop and storage shed with shelving for tools, equipment, and recreational gear. A sprinkler system helps maintain the landscape and keep the property looking its best. Inside, the home offers a bright, open layout with large windows capturing scenic lake views. The kitchen and dining area connect seamlessly to the living space, supporting everyday living and gatherings. The primary bedroom includes lake views and walk-in closet, while additional bedrooms offer flexibility for guests or family. Wide waterfront. Functional yard. Lake McQueeney lifestyle.

Investor Tools

$43,573Estimated Mortgage Balance
$337,499Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,539 /month
Positive
Cash Flow Estimate:
$1,180 /month

Interested in this property?

Lakefront Grp & Hill Country Luxury Grp

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,572
$381,072
2025
$293,483
$92,614
$386,097
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,572
$381,072

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Martha I Mcdonald Etal
Seller Carryback / Seller Financing / Seller Take-Back
$100,000
No
First
Jun 20, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,573
$337,499
88%
11%
$600/mo

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: New Braunfels

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344 Shangrila Lane | Property Details | No Agent List