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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dripping Springs at 1005 Westland Ridge Rd, Dripping Springs, TX, 78620 uses $177,430 cash to close to unlock $2,671/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $4,061/mo, and a $2,640/mo payment keeps the spread at $223/mo. Purchase price stands at $539,300, and rental yield measures 9.04% with $4,061/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $148,999 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash records $200,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,061/mo property income covering a $2,640/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1.52 Acres lot
$N/A/sqft
$3 monthly HOA
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,147 (100%) |
| Owner Occupied HU | 8,366 (82.4%) |
| Renter Occupied HU | 1,041 (10.3%) |
| Vacant Housing Units | 740 ( 7.3%) |
| Median Home Value | $735,904 |
| Average Home Value | $830,505 |
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Listing removed | $549,900 |
| 2025-06-20 | Contingent | $549,900 |
| 2025-06-18 | Listed for sale | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $3144.13 | 4.06% | $495,385 | 10.00% |
| 2023-10-18 | $3021.60 | -40.51% | $450,350 | 10.00% |
| 2022-10-18 | $5079.26 | -0.28% | $409,409 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
