








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 Concan at 118 Skipping Stone, Concan, TX, 78838 with 5% annual appreciation on a $1,799,000 basis while $4,051/mo rent supports operations. 3% in year one. Equity gained on principal adds $11,609/yr, and five-year appreciation sums $497,031 alongside rental yield of 2.7%. Five-year ROI measures 9.57% and total cumulative return in cash totals $55,761. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,051/mo property income versus a $8,805/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
2.01 Acres lot
$N/A/sqft
$438 annually HOA
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $1,799,000 |
| 2025-03-19 | Listing removed | $1,995,000 |
| 2024-08-19 | Listed for sale | $1,995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | N/A | N/A | $1,489,028 | 7.86% |
| 2023-03-25 | $21397.05 | -3.15% | $1,380,471 | 11.05% |
| 2022-03-25 | $22093.35 | 29.93% | $1,243,155 | 40.57% |



Listed by: John McNair • Leverage Realty Consulting Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1852534
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.