Diligence memo · auto-generated · as of July 2, 2026

Dar-Con Properties II, LLC

Dar-Con Properties II, LLC looks fair against its niche peers and is quiet on financing cadence.

Diligence furtherNo decisive signal either way from the public record alone — the call needs primary diligence beyond the filings.

Businessfiled

Dar-Con Properties II, LLC operates in Proptech / Real Estate, based in CONROE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Dar-Con Properties II, LLC has raised $6.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $6.5M on 2023-10-12.

Most recent recorded round closed around 2024-07-31.

Valuation (modeled)modeled

Provath models Dar-Con Properties II, LLC at approximately $24M (range $8.5M–$50M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.87× the median modeled value of Series A Proptech / Real Estate companies in 2022–2024 (21 peers) — value vs value, same stage and era. Within the normal band (87% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 10 months.

Last raise 23 mo ago; this sector typically re-raises about every 14 months.

Slightly overdue versus sector cadence.

Comparablesmixed

Capital scale ranks ahead of 84% of Proptech / Real Estate peers (395 compared).

Modeled value ranks above 79% of those peers.

Closest niche peers: Breezeway Homes, Inc., EcoSoul Home Inc., Byron Devon Lynch Iv Estate, Legacy Living Green Township Real Estate, LLC, Adaptive Real Estate, Inc..

Peoplefiled

2 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.