








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 Elmendorf at 23023 Skila, Elmendorf, TX, 78112 listed at $119,900 pairs $932/mo rent with a $587/mo payment to leave $79/mo cash flow. Total monthly income runs $932/mo, and annual cash flow reaches $951/yr on $39,747 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 9.33% at a $119,900 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,126 by year five. Five-year ROI tracks 116.96% and total cumulative return in cash totals $46,488. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $932/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78112, Elmendorf, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 3,111 (81.1%) |
| Renter Occupied HU | 463 (12.1%) |
| Vacant Housing Units | 263 ( 6.9%) |
| Median Home Value | $225,106 |
| Average Home Value | $267,048 |
Residential
3,591
Single Family
3,591
Multi-Family
0
Businesses
123
Date | Event | Price |
|---|---|---|
| 2025-08-31 | Listed for sale | $119,900 |
| 2023-10-05 | Listing removed | N/A |
| 2023-09-21 | Contingent | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Agustin Devoto • Artex Realty LLC
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1897065
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.