








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 Bandera at 464 Mustang Pass, Bandera, TX, 78003 offers $3,743/mo rent that, after a $3,989/mo payment. Total monthly income is $3,743/mo. Return on cash invested measures 10.87% in year one, and rental yield stands at 5.51% at a $815,000 entry. Equity gained on principal adds $5,259/yr while 5% annual appreciation compounds into $225,169 by year five. Five-year ROI records 55.58% and total cumulative return in cash reaches $149,041. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,743/mo property income versus a $3,989/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
5.06 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78003, Bandera, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,611 (100%) |
| Owner Occupied HU | 3,748 (66.8%) |
| Renter Occupied HU | 736 (13.1%) |
| Vacant Housing Units | 1,127 (20.1%) |
| Median Home Value | $274,510 |
| Average Home Value | $383,783 |
Residential
3,940
Single Family
3,864
Multi-Family
76
Businesses
460
Date | Event | Price |
|---|---|---|
| 2025-03-07 | Price change | $815,000 |
| 2024-12-29 | Price change | $825,000 |
| 2024-11-24 | Price change | $835,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | N/A | N/A | $677,480 | 32.61% |
| 2023-04-23 | $6283.64 | -11.98% | $510,877 | 10.00% |
| 2022-04-23 | $7139.06 | N/A | $464,434 | 10.00% |



Listed by: Jennifer Long • Phyllis Browning Company
Mls Name: SABOR
Mls Provider:
Mls ID: #1860698
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.