








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 351 Kings Pine Dr, Dripping Springs, TX, 78620 offers a 7.3% rental yield on a $692,400 purchase with $4,210/mo rent. 26% in year one. Equity gained on principal adds $4,468/yr while 5% annual appreciation supports $191,297 over five years. Portfolio math shows five-year ROI at 84.5% and total cumulative return in cash at $192,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,210/mo property income against a $3,389/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,926 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 |
|---|---|---|
| 2025-08-30 | Listing removed | $699,990 |
| 2025-07-28 | Contingent | $699,990 |
| 2025-07-04 | Listed for sale | $699,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $11577.60 | 677.85% | $512,500 | 479.10% |
| 2023-10-23 | $1488.41 | N/A | $88,500 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A