








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 610 Cedar, Horseshoe Bay, TX, 78609 offers $2,034/mo rent that, after a $2,344/mo payment. Total monthly income is $2,034/mo. Return on cash invested measures 9.54% in year one, and rental yield stands at 5.1% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 48.47% and total cumulative return in cash reaches $76,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78609, Buchanan Dam, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,471 (100%) |
| Owner Occupied HU | 795 (54.0%) |
| Renter Occupied HU | 224 (15.2%) |
| Vacant Housing Units | 452 (30.7%) |
| Median Home Value | $362,500 |
| Average Home Value | $444,676 |
Residential
999
Single Family
999
Multi-Family
0
Businesses
130
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | N/A | N/A | $286,270 | 55.06% |
| 2023-04-16 | $438.26 | -8.08% | $184,620 | 12.68% |
| 2022-04-16 | $476.76 | 35.47% | $163,840 | 49.86% |



Listed by: Kristy Morris • Landmasters Real Estate
Mls Name: HLMLS
Mls Provider:
Mls ID: #172906
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.