309 Riverside, Pipe Creek, TX, 78063 | 8.48% Rental Yield

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309 Riverside, Pipe Creek, TX, 78063 | 8.48% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Pipe Creek at 309 Riverside, Pipe Creek, TX, 78063 offers a 8.48% rental yield on a $260,000 purchase with $1,838/mo rent. 75% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 103.22% and total cumulative return in cash at $88,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,838/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

1.22 Acres lot

$N/A/sqft

No HOA

More details about the property

WOW! Charming 2-bedroom, 2-bath cabin-style lodge on 1.22 acres of waterfront property along the Medina River. Approx. 1,300 sq ft of interior space plus over 700 sq ft of covered porches make this home ideal for full-time living or weekend getaways. The open-concept layout features an island kitchen with breakfast bar, ample storage, a dining area, and a spacious primary suite with a large walk-in closet. A generous loft offers potential to be converted into a 3rd bedroom or flexible living space. The property includes private stairs leading to the riverbed-please note, the river is seasonal and may be dry depending on rainfall. Additional highlights include covered RV parking with electrical and water hookups, a 12x12 climate-controlled outbuilding with electricity and A/C (ideal as a studio, office, or guest space), and a fenced raised-bed garden. A peaceful recreational retreat that offers rustic charm, comfort, and room to entertain. Schedule a showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78063, Pipe Creek, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,140 (100%)
Owner Occupied HU	3,617 (70.4%)
Renter Occupied HU	497 ( 9.7%)
Vacant Housing Units	1,026 (20.0%)
Median Home Value	$287,675
Average Home Value	$360,341