








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 Horseshoe Bay at 604 Apache Tears, Horseshoe Bay, TX, 78657 offers $5,400/mo rent that, after a $5,506/mo payment. Total monthly income is $5,400/mo. Return on cash invested measures 11.81% in year one, and rental yield stands at 5.76% at a $1,125,000 entry. Equity gained on principal adds $7,259/yr while 5% annual appreciation compounds into $310,817 by year five. Five-year ROI records 60.57% and total cumulative return in cash reaches $220,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,400/mo property income versus a $5,506/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78657, Marble Falls, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,411 (100%) |
| Owner Occupied HU | 2,766 (51.1%) |
| Renter Occupied HU | 668 (12.3%) |
| Vacant Housing Units | 1,977 (36.5%) |
| Median Home Value | $484,739 |
| Average Home Value | $688,625 |
Residential
4,144
Single Family
4,142
Multi-Family
2
Businesses
318
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Price change | $1,125,000 |
| 2024-06-14 | Price change | $1,168,000 |
| 2024-05-23 | Listed for sale | $1,320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $626,500 | 1446.91% |
| 2023-02-13 | $541.26 | -12.32% | $40,500 | N/A |
| 2022-02-13 | $617.34 | 190.87% | $40,500 | 200.00% |



Listed by: Cathy Ryden • Horseshoe Bay ONE Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #171742
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.