








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 Spicewood at 21812 Rock Wren Rd, Spicewood, TX, 78669 with 5% annual appreciation on a $554,900 basis while $4,721/mo rent supports operations. Total monthly income totals $4,721/mo and a $2,716/mo payment preserves $759/mo for cash returns. Annual cash flow comes to $9,105/yr on $182,562 deployed, and return on cash invested reaches 25.05% in year one. Equity gained on principal adds $3,581/yr, and five-year appreciation sums $153,309 alongside rental yield of 10.21%. Five-year ROI measures 131.61% and total cumulative return in cash totals $240,276.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,721/mo property income versus a $2,716/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.32 Acres lot
$N/A/sqft
$195 annually 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 |
|---|---|---|
| 2024-11-20 | Price change | $554,900 |
| 2024-08-29 | Listed for sale | $559,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $497,093 | 10.00% |
| 2023-02-14 | $8890.61 | -2.75% | $451,903 | 10.00% |
| 2022-02-14 | $9141.59 | N/A | $410,821 | 10.00% |



Listed by: Travis Lee • Angelo Home Team
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #122398
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.