ActiveResidential · sale

512 Cr 348 (River Road)

ConCan, TX 78838

$1,699,999

  • 5 beds
  • 6 baths
  • 4,518 sq ft
  • 1.25 acres

Listed by Starr Realty and Ranch · MLS #2005445

512 Cr 348 (River Road), ConCan, TX 78838 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

A restored historic water tower, antique entry doors opening to a picturesque rock courtyard, mature shade trees, and privacy fencing create an atmosphere unlike anything else in Concan.

Property size

1.25 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

A Rare Frio River Legacy Estate in the Heart of Concan. Set on 1.25+ gated acres along coveted River Road, this extraordinary compound offers a blend of historic Texas charm and thoughtfully designed modern amenities. Designed for unforgettable gatherings and exceptional Hill Country living, the estate comfortably sleeps up to 18 guests, making it ideal as a private family retreat, corporate getaway, or investment opportunity. The property features a beautifully preserved historic river house, charming guest cottage, upscale barn, pool house with bedroom and bath, inviting poolside cabana, and a resort-style swimming pool with dramatic underwater lighting. A restored historic water tower, antique entry doors opening to a picturesque rock courtyard, mature shade trees, and privacy fencing create an atmosphere unlike anything else in Concan. Additional amenities include a 4-car garage, expansive parking court, and direct access to the Frio River via CR 392, which borders the south property line. Located just minutes from Concan's premier attractions, golf, dining, and entertainment, this is a one-of-a-kind opportunity to own one of the area's most iconic estates. Two adjoining undeveloped lots are also available for purchase at $175,000 for 1.175 ac and $125,000 for .70 ac, offering the opportunity to expand the estate or preserve additional privacy. Legacy properties of this caliber are rarely offered. Experience the Frio River lifestyle at its finest.
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THE NEIGHBORHOOD

Explore the location.

512 Cr 348 (River Road), ConCan, TX 78838

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Full baths
6
Half baths
0
Cooling
Three+ Central
Heating
Heat Pump
Flooring
Ceramic Tile, Wood
Exterior
Stone/Rock, Wood, Stucco
Accessibility
2+ Access Exits, Int Door Opening 32"+, Entry Slope less than 1 foot, No Carpet, Level Drive, First Floor Bath, Full Bath/Bed on 1st Flr, First Floor Bedroom, Stall Shower
Pool features
In Ground Pool
Subdivision
Out/Uvalde Co
Parcel
22707
HOA amenities
Waterfront Access, Park/Playground
Elementary school
Sabinal
Middle school
Sabinal
High school
Sabinal
Annual property tax
$5,844.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$7,083.33
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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512 Cr 348 (River Road), ConCan, TX 78838 · MLS #2005445

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #2005445 · San Antonio Board of Realtors

Listing brokerage: Starr Realty and Ranch
Listing agent: Starr Matthews

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.