








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 103 Island Dr. #3, Horseshoe Bay, TX, 78657 priced at $299,500 pairs $2,099/mo rent with after a $1,466/mo payment. Total monthly income equals $2,099/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 8.41% on a $299,500 basis. Equity gained on principal adds $1,933/yr, and 5% annual appreciation accumulates to $82,746 by year five. Five-year ROI measures 102.09% and total cumulative return in cash reaches $101,363. For financing, Ziffy Mortgage’s DSCR program evaluates $2,099/mo property income against a $1,466/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
630 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Adrianne Frost • Phyllis Browning Company
Mls Name: HLMLS
Mls ID: #175798