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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 509 Stonegate Ln, Dripping Springs, TX, 78620 at $899,000 posts ROI 20.88% with $202/mo cash flow from $6,595/mo rent. Total monthly income equals $6,595/mo, and annual cash flow records $2,427/yr on $295,771 to close. Return on cash invested measures 20.88% and rental yield reads 8.8% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 109.25% and total cumulative return in cash totals $323,122.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,595/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
2.57 Acres 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 |
|---|---|---|
| 2025-09-20 | Listed for sale | $899,000 |
| 2025-05-16 | Sold | N/A |
| 2013-05-21 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-21 | $12259.35 | -7.03% | $783,810 | -10.24% |
| 2023-09-21 | $13185.96 | 10.87% | $873,230 | 25.24% |
| 2022-09-21 | $11892.64 | 14.07% | $697,270 | N/A |
Listed by: Melissa Henderson • Welcome Home Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #53214193
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