








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 117 Lost Spur UNIT 5, Horseshoe Bay, TX, 78657 offers $3,000/mo rent that, after a $1,904/mo payment, leaves $134/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $1,605/yr on $128,954 cash. Return on cash invested measures 21.15% in year one, and rental yield stands at 9.25% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 111.07% and total cumulative return in cash reaches $143,226. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
836.35 sqft lot
$N/A/sqft
$1,200 annually 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 |
|---|---|---|
| 2025-02-13 | Listed for sale | $389,000 |
| 2023-12-06 | Listing removed | N/A |
| 2023-09-14 | Price change | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $209,396 | 10.00% |
| 2023-02-13 | $1398.38 | 101.73% | $190,360 | 22.79% |
| 2022-02-13 | $693.21 | 4.72% | $155,025 | 10.00% |



Listed by: Clay Byrne • Keller Williams Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2543322
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-13 14:56:48 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)