








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 144 Grayson Elm Pass, Dripping Springs, TX, 78620 earns from $2,994/mo rent with a $2,452/mo payment. Total monthly income totals $2,994/mo. ROI tracks 15.56% on current figures, and rental yield reads 7.17% at a $501,000 purchase. Equity gained on principal adds $3,233/yr, and 5% annual appreciation supports $138,417 over five years. Five-year ROI reaches 80.84% and total cumulative return in cash sums $133,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,994/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$50 monthly 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 |
|---|---|---|
| 2025-05-21 | Listing removed | $507,124 |
| 2025-05-10 | Listed for sale | $507,124 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A