445 Bridge Water LoopDripping SpringsTX78620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Dripping Springs at 445 Bridge Water Loop, Dripping Springs, TX, 78620 generates $9,360/mo in rent and, after a $4,650/mo payment, leaves $2,479/mo in cash flow. Total monthly income is $9,360/mo, and annual cash flow is $29,750/yr on $312,547 invested. Return on cash invested sits at 29.58% in year one, and rental yield is 11.82% on a $949,990 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,465 over five years. Five-year ROI reaches 156.07% and total cumulative return in cash sums $487,786. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
$1,500 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 78620, Dripping Springs, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,828
Single Family
9,513
Multi-Family
315
Businesses
999
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Price change | $949,990 |
| 2024-11-21 | Price change | $959,990 |
| 2024-10-21 | Price change | $979,990 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $216,830 | N/A |
| 2023-02-13 | $5225.65 | N/A | $216,830 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2025
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 3,715 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Natural Gas
- Cooling: Ceiling Fan(s), Central Air, Electric
- Flooring: Carpet, Tile, Wood
- Interior Features: Ceiling Fan(s), Coffered Ceiling(s), High Ceilings, Double Vanity, Electric Dryer Hookup, Entrance Foyer, Interior Steps, Kitchen Island, Low Flow Plumbing Fixtures, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
- Exterior Features: Pest Tubes in Walls, Private Entrance, Private Yard
- Parking Features: Attached, Direct Access, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
Location
- City: Dripping Springs
- State: TX
- Subdivision: Caliterra
- Lot Size: 0.31 Acres
- Lot Features: Back Yard, Interior Lot, Sprinkler - Automatic, Sprinkler - In-ground, Sprinkler - Rain Sensor
- View: None
HOA & Fees
- HOA Fee: $1,500 annually
- Association Fee: $1,500 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Common Area Maintenance
Utilities
- Utilities: Cable Available, Electricity Connected, Internet-Cable, Natural Gas Connected, Phone Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Walnut Springs
- Middle School: Dripping Springs Middle
- High School: Dripping Springs
Listed by: Greg Smith • RGS Realty LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #8966781
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-02-13 10:24:37 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)