








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 240 Denali Way, Dripping Springs, TX, 78620 listed at $359,600 pairs $2,994/mo rent with a $1,760/mo payment to leave $437/mo cash flow. Total monthly income runs $2,994/mo, and annual cash flow reaches $5,243/yr on $119,207 cash to close. Return on cash invested measures 24.31% in year one, and rental yield registers 9.99% at a $359,600 basis. Equity gained on principal adds $2,320/yr, and annual property appreciation at 5% supports $99,351 by year five. Five-year ROI tracks 127.64% and total cumulative return in cash totals $152,152. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $1,760/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-09-07 | Listing removed | $2,500 |
| 2025-08-15 | Price change | $2,500 |
| 2025-08-04 | Listing removed | $369,579 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: Ashton Woods Homes
Mls Provider:
Mls ID: #N/A