








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Horseshoe Bay at 101 Island Drive, Horseshoe Bay, TX, 78657 priced at $715,000 converts $2,237/mo rent into after a $3,500/mo obligation. Total monthly income equals $2,237/mo. Return on cash invested prints 3.19% in year one, and rental yield reads 3.75% against a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation compiles into $197,541 by year five. Five-year ROI reaches 15.24% and total cumulative return in cash sums $35,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,237/mo property income covering a $3,500/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$5,500 annually HOA
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
| 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 |
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
Date | Event | Price |
|---|---|---|
| 2024-09-28 | Price change | $715,000 |
| 2024-08-31 | Price change | $720,000 |
| 2024-08-30 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Frank West • All City Real Estate Ltd. Co
Mls Name: HLMLS
Mls Provider:
Mls ID: #170131
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.