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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 11920 Fitzhugh Cors, Dripping Springs, TX, 78620 uses $104,423 cash to close to unlock $82,530/yr annual cash flow and $6,877/mo monthly cash flow. Total monthly income runs $9,360/mo, and a $1,542/mo payment keeps the spread at $6,877/mo. Purchase price stands at $315,000, and rental yield measures 35.66% with $9,360/mo rent. Return on cash invested shows 98.94% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 528.91% and total cumulative return in cash records $552,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $9,360/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
1.05 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 |
|---|---|---|
| 2024-11-13 | Price change | $315,000 |
| 2024-09-19 | Price change | $325,000 |
| 2024-08-06 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-28 | N/A | N/A | $317,796 | -41.02% |
| 2023-12-28 | $8135.70 | 80.11% | $538,780 | 103.44% |
| 2022-12-28 | $4516.95 | 93.47% | $264,830 | 105.01% |
Listed by: Chris Watters • Watters International Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8620034
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 16:16:47 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)
