177 Mount Ord Ln, Dripping Springs, TX, 78620 | $296/mo Cash Flow

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177 Mount Ord Ln, Dripping Springs, TX, 78620 | $296/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Dripping Springs at 177 Mount Ord Ln, Dripping Springs, TX, 78620 listed at $379,500 pairs $2,994/mo rent with a $1,857/mo payment to leave $296/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $3,549/yr on $125,804 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 9.47% at a $379,500 basis. Equity gained on principal adds $2,449/yr, and annual property appreciation at 5% supports $104,849 by year five. Five-year ROI tracks 119.18% and total cumulative return in cash totals $149,940. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $1,857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your charming Bristol Floorplan home on a premium lot in the highly sought-after Big Sky Ranch community. Perfectly positioned on a corner lot in the Hill Country, this home offers beautiful sunset views overlooking Founders Park and the historic Pound House, blending privacy and convenience in one ideal setting. Step inside to a thoughtfully designed layout with the primary suite on the main level and no carpet downstairs. A spacious entry foyer opens to the bright, open-concept living area, where the kitchen shines with ample cabinetry, generous counter space, and natural light that fills the dining and living rooms. A convenient half bath and large under-stair closet complete the first floor. Upstairs features a versatile loftperfect for an office, playroom, or flex spacealong with two secondary bedrooms and a full bathroom. Start your mornings with coffee on the private patio or let kids and pets enjoy the fully fenced yard, which wraps from front to back with lush green grass. With just the right balance of shade and sunlight, the outdoor space is perfect for relaxing, gardening, or entertaining guests. Situated directly across from a scenic walking trail leading into Founders Park, you're just a quarter-mile stroll from nature trails, a playground, and peaceful evening walks. The community also offers a large pool and playground area. Only one mile from downtown Mercer Street. Lovingly maintained and priced to sell, this hidden gem is ready for its next owners to call it home. Dont miss the chance to live in one of Dripping Springs most desirable neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.

Housing Distribution

Housing Statistics

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