



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 1018 Pink Granite Blvd, Dripping Springs, TX, 78620 offers a 15.34% rental yield on a $732,100 purchase with $9,360/mo rent. Total monthly income registers $9,360/mo, and a $3,583/mo payment leaves $4,054/mo available for distribution. Annual cash flow reaches $48,650/yr on $240,861 to close, and return on cash invested stands at 40.26% in year one. Equity gained on principal adds $4,724/yr while 5% annual appreciation supports $202,266 over five years. Portfolio math shows five-year ROI at 213.35% and total cumulative return in cash at $513,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,360/mo property income against a $3,583/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$100 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 |
|---|---|---|
| 2025-09-29 | Listing removed | $774,000 |
| 2025-08-27 | Pending sale | $774,000 |
| 2025-08-21 | Contingent | $774,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $10926.42 | 15.69% | $692,588 | 10.00% |
| 2023-10-19 | $9444.53 | 49.28% | $629,625 | 87.44% |
| 2022-10-19 | $6326.54 | N/A | $335,910 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A