



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 1037 Lucca Dr, Dripping Springs, TX, 78620 earns from $3,630/mo rent with a $2,524/mo payment. Total monthly income totals $3,630/mo. ROI tracks 19.8% on current figures, and rental yield reads 8.45% at a $515,600 purchase. Equity gained on principal adds $3,327/yr, and 5% annual appreciation supports $142,451 over five years. Five-year ROI reaches 103.47% and total cumulative return in cash sums $175,522. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,630/mo property income instead of your personal income.
Condo
Built in 2021
17.24 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-08-16 | Listing removed | $540,000 |
| 2025-07-22 | Pending sale | $540,000 |
| 2025-07-18 | Contingent | $540,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $7820.41 | 24.40% | $495,545 | 32.57% |
| 2023-10-14 | $6286.56 | -38.60% | $373,795 | -31.25% |
| 2022-10-14 | $10239.49 | 1039.23% | $543,670 | 1108.16% |



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