








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 Horseshoe Bay at 109 Island Dr UNIT H, Horseshoe Bay, TX, 78657 with 5% annual appreciation on a $1,000,000 basis while $2,959/mo rent supports operations. 91% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,282 alongside rental yield of 3.55%. Five-year ROI measures 23.63% and total cumulative return in cash totals $77,728. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,959/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
566.28 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: Johnie Borgeson • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls ID: #8813475