








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 196 Westgate Loop, Horseshoe Bay, TX, 78657 priced at $1,600,000 converts $5,187/mo rent into after a $7,831/mo obligation. Total monthly income equals $5,187/mo. Return on cash invested prints 5.88% in year one, and rental yield reads 3.89% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. Five-year ROI reaches 28.82% and total cumulative return in cash sums $149,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,187/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.99 Acres lot
$N/A/sqft
$820 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $1,600,000 |
| 2025-01-29 | Listing removed | $1,650,000 |
| 2024-10-04 | Listed for sale | $1,650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | N/A | N/A | $1,110,593 | 10.00% |
| 2023-03-13 | $10802.11 | -8.28% | $1,009,630 | 9.27% |
| 2022-03-13 | $11776.64 | -2.15% | $923,980 | 20.70% |



Listed by: Patricia Gillean • Horseshoe Bay ONE Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #172366
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.