








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 Horseshoe Bay at 721 Fawn, Horseshoe Bay, TX, 78657 at $499,000 posts ROI 18.73% with from $3,386/mo rent. Total monthly income equals $3,386/mo. Return on cash invested measures 18.73% and rental yield reads 8.14% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 97.74% and total cumulative return in cash totals $161,682. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,386/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.33 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 |
|---|---|---|
| 2025-05-02 | Listed for sale | $499,000 |
| 2025-04-12 | Price change | $3,000 |
| 2025-04-05 | Listed for rent | $3,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $3625.18 | -24.40% | $389,230 | 8.48% |
| 2023-05-02 | $4795.44 | 288.79% | $358,820 | 64.87% |
| 2022-05-02 | $1233.44 | 3.69% | $217,635 | 10.00% |



Listed by: Tristian Poteet • HSB Real Estate, LLC
Mls Name: HLMLS
Mls Provider:
Mls ID: #173167
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.