








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 Woodway at 2908 Concho Bend Dr, Woodway, TX, 76712 uses $99,119 cash to close to unlock $3,003/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $2,376/mo, and a $1,463/mo payment keeps the spread at $250/mo. Purchase price stands at $299,000, and rental yield measures 9.54% with $2,376/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash records $119,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $299,000 |
| 2020-07-28 | Sold | N/A |
| 2020-07-10 | Pending sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $4509.58 | 12.43% | $283,529 | 10.00% |
| 2023-05-21 | $4011.18 | -12.89% | $257,754 | 10.00% |
| 2022-05-21 | $4604.59 | -0.76% | $234,322 | 10.00% |



Listed by: Anel Perales • EG Realty
Mls Name: NTREIS
Mls ID: #20943021
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.