








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 96 Island Drive, Horseshoe Bay, TX, 78657 with 5% annual appreciation on a $1,200,000 basis while $3,424/mo rent supports operations. 82% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 3.42%. Five-year ROI measures 8% and total cumulative return in cash totals $31,103. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,424/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2007
N/A lot
$N/A/sqft
$900 monthly 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 |
|---|---|---|
| 2025-03-26 | Listed for sale | $1,200,000 |
| 2024-10-31 | Listing removed | $615,000 |
| 2024-08-14 | Price change | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stacy Alexander • Cook Residential RE
Mls Name: HLMLS
Mls Provider:
Mls ID: #172599
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.