101 Island Drive, Horseshoe Bay, TX, 78657 | 5.11% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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101 Island Drive, Horseshoe Bay, TX, 78657 | 5.11% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Horseshoe Bay at 101 Island Drive, Horseshoe Bay, TX, 78657 listed at $705,000 pairs $3,000/mo rent with a $3,451/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 9.64% in year one, and rental yield registers 5.11% at a $705,000 basis. Equity gained on principal adds $4,549/yr, and annual property appreciation at 5% supports $194,779 by year five. Five-year ROI tracks 48.98% and total cumulative return in cash totals $113,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $3,451/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Discover LBJ lakeside living with this stunning lakefront condo nestled in the exclusive resort community of Horseshoe Bay. Positioned to offer gorgeous views. This home invites you to embrace a lifestyle of relaxation and enjoyment. Take in breathtaking, unobstructed views of the serene Lake LBJ from your living room, bedroom, and private covered patio. Recent updates include scraped ceilings, new flooring and updated Kitchen and bathroom vanities and lighting. This first floor unit gives you direct access to the lake right out your back doors! The home has been thoughtfully designed with an open-concept layout that seamlessly integrates the living, dining, and kitchen areas, creating a perfect space for entertaining. As part of this gated resort community, youll enjoy amenities perfectly catered to lake enthusiasts, including a private community lakefront pool, dedicated personal watercraft space, day slip for boats, and a fishing dock. The condo also features a detached 1 car garage for added storage and security. Conveniently located near Horseshoe Bay Resort, boat rentals, boutique shopping, gourmet dining, and public and private golf courses. The home offers the perfect blend of seclusion and accessibility. Embrace the Texas Hill County lifestyle! Visit Fredericksburgs wine country! An easy and beautiful drive to Austin or San Antonio. Whether youre seeking a weekend getaway or a year-round residence, youll find everything you need just a short distance away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,411 (100%)
Owner Occupied HU	2,766 (51.1%)
Renter Occupied HU	668 (12.3%)
Vacant Housing Units	1,977 (36.5%)
Median Home Value	$484,739
Average Home Value	$688,625