








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 232 Fault Line Dr, Horseshoe Bay, TX, 78657 priced at $575,000 converts $3,000/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 13.15% in year one, and rental yield reads 6.26% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 67.82% and total cumulative return in cash sums $128,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.28 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Shirl A Thornton • RE/MAX HORSESHOE BAY RESORT SA
Mls Name: HLMLS
Mls ID: #174634