








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 Spicewood at 121 Singleton Drive, Spicewood, TX, 78669 priced at $350,000 pairs $3,665/mo rent with $1,176/mo cash flow after a $1,713/mo payment. Total monthly income equals $3,665/mo, and annual cash flow comes to $14,114/yr on $116,025 invested. Return on cash invested is 32.07% in year one, and rental yield stands at 12.57% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 169.31% and total cumulative return in cash reaches $196,442. For financing, Ziffy Mortgage’s DSCR program evaluates $3,665/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78669, Spicewood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,541 (100%) |
| Owner Occupied HU | 4,686 (71.6%) |
| Renter Occupied HU | 637 ( 9.7%) |
| Vacant Housing Units | 1,218 (18.6%) |
| Median Home Value | $759,615 |
| Average Home Value | $852,653 |
Residential
5,910
Single Family
5,902
Multi-Family
8
Businesses
312
Date | Event | Price |
|---|---|---|
| 2024-06-06 | Price change | $350,000 |
| 2023-12-14 | Listed for sale | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $787.98 | -55.60% | $226,724 | 10.00% |
| 2022-08-13 | $1774.92 | 1.02% | $206,113 | 10.00% |
| 2021-08-13 | $1756.99 | N/A | $187,375 | 10.00% |



Listed by: Gene Carrington • Texas Hills and Lakes RE
Mls Name: HLMLS
Mls Provider:
Mls ID: #166864
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.