In Concho County, TX, landlords collectively own 213 Single Family Residential (SFR) properties, which accounts for a substantial 36.5% of the total 584 SFR properties in the market.
Individual investors overwhelmingly dominate the landlord landscape, holding 193 properties (90.6% of investor-owned SFR), while company investors own significantly less at 23 properties (10.8%).
A striking characteristic of this market is the complete reliance on cash purchases; all 213 investor-owned SFR properties were acquired with cash, with no financed properties among their holdings.
The portfolio is highly rental-focused, as 211 of the 213 cash-purchased properties are actively rented, indicating a strong emphasis on income generation without debt.
With 215 individual landlords compared to just 22 company landlords, the market is primarily driven by smaller, individual investors, underlining a robust 'mom-and-pop' investment environment in Concho County, TX.