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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 200 Bishop Wood Rd, Dripping Springs, TX, 78620 with 5% annual appreciation on a $542,648 basis while $3,455/mo rent supports operations. 35% in year one. Equity gained on principal adds $3,502/yr, and five-year appreciation sums $149,924 alongside rental yield of 7.64%. Five-year ROI measures 90.31% and total cumulative return in cash totals $161,226. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,455/mo property income versus a $2,656/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
5,401 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patrick Easter • M/I Homes Realty
Mls Name: Unlock MLS
Mls ID: #6848045
