








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 606 Free Rein, Horseshoe Bay, TX, 78657 generates $4,884/mo in rent, after a $4,038/mo payment. Total monthly income is $4,884/mo. Return on cash invested sits at 15.72% in year one, and rental yield is 7.1% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 81.55% and total cumulative return in cash sums $221,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,884/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.30 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 |
|---|---|---|
| 2024-08-23 | Listed for sale | $825,000 |
| 2016-06-08 | Listing removed | $435,000 |
| 2016-05-21 | Listed for sale | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-28 | N/A | N/A | $517,820 | 7.82% |
| 2023-12-28 | $6418.69 | -4.14% | $480,280 | 9.33% |
| 2022-12-28 | $6695.92 | 11.29% | $439,280 | 14.78% |



Listed by: Carol Walterscheidt • Horseshoe Bay Resort Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #170035
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.