








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 816 Iron Willow Loop, Dripping Springs, TX, 78620 listed at $699,000 pairs $9,360/mo rent with a $3,421/mo payment to leave $4,237/mo cash flow. Total monthly income runs $9,360/mo, and annual cash flow reaches $50,839/yr on $229,971 cash to close. Return on cash invested measures 42.17% in year one, and rental yield registers 16.07% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 223.68% and total cumulative return in cash totals $514,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,360/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,246 sqft lot
$N/A/sqft
$459 quarterly 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 |
|---|---|---|
| 2025-09-07 | Pending sale | $699,000 |
| 2025-07-01 | Price change | $699,000 |
| 2025-05-16 | Price change | $752,089 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jimmy Rado • David Weekley Homes
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6448228
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-10-09 04:47:20 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)