








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 115 Greenridge Ln, Dripping Springs, TX, 78620 at $597,100 posts ROI 15.15% with from $3,443/mo rent. Total monthly income equals $3,443/mo. Return on cash invested measures 15.15% and rental yield reads 6.92% at the current $597,100. Equity gained on principal adds $3,853/yr, and 5% annual appreciation supports $164,968 by year five. Five-year ROI prints 78.53% and total cumulative return in cash totals $154,261. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,443/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.50 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 |
|---|---|---|
| 2025-06-04 | Listing removed | $625,000 |
| 2025-06-02 | Pending sale | $625,000 |
| 2025-05-27 | Contingent | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $8445.98 | -11.58% | $540,000 | -14.63% |
| 2023-10-30 | $9552.05 | -3.56% | $632,577 | 8.93% |
| 2022-10-30 | $9904.72 | 23.10% | $580,718 | 30.44% |



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