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Judy Hayes

judy@thehayesteam.net +1(281) 881-0840

$ 450,000

Est. payment -/mo

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14256 Fm 1485 RD Conroe, TX 77306

2 Beds

1 Bath

2,400 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $187

Subdivision White Oak Valley Estate

MLS Listing ID 53043371

Bedrooms 2

Full Baths 1

Year Built 2019

Annual Tax Amount $4,361

Tax Year 2024

Lot Size 0.762 Acres

Property Sub-Type 5 Plus

Property Description

Investment Opportunity: Turnkey 5-Plex in the growing Conroe Area! Don't miss this rare chance to own a leased 5-plex in the heart of Conroe, with prime frontage on FM-1485 and room for additional units to be constructed. FM-1485 is a desirable mixed-use area with homes and surrounding successful businesses driving attraction to your property. This cash-flow positive property includes four spacious one bedroom units and one additional 2-bedroom unit—each featuring desirable interior finishes that attract and retain quality tenants. Each unit features a living room, kitchen, bedroom and bathroom designed for comfort and enjoyability. All units are currently leased, making this a strong income-producing asset from day one. Situated on nearly an acre of land, the property also offers room for additional development. An automatic entry gate adds both privacy and security for your tenants. This property is a great portfolio addition with future upside in a high-demand rental market!

Location

State TX

County Montgomery

Area Conroe Southeast

Interior

Heating Central Electric

Cooling Central Electric

Flooring Carpet, Laminate

Exterior

Utilities Available Cable, Electric, Water

Roof Type Metal

Accessibility Automatic Gate

Building

Lot Description Cleared

Story 1

Lot Size Range 1/2 Up to 1 Acre

Structure Type Aluminum

New Construction No

Schools

Elementary Schools Milam Elementary School (Conroe)

Middle Schools Moorhead Junior High School

High Schools Caney Creek High School

School District 11 - Conroe

Others

Senior Community No

Restrictions Unknown

Tax ID 9510-02-04900

Energy Description Ceiling Fans,High-Efficiency HVAC

Acceptable Financing Cash Sale, Conventional, Investor

Tax Rate 1.5859

Disclosures Sellers Disclosure, Tenant Occupied

Listing Terms Cash Sale, Conventional, Investor

Financing Cash Sale,Conventional,Investor

Special Listing Condition Sellers Disclosure, Tenant Occupied

Houston Association of Realtors (HAR MLS)

Listed by Designed Realty Group • Kourtney Scroggins

Judy Hayes

Broker | License ID: 598471

+1(281) 881-0840

Judy Hayes

14256 Fm 1485 RD Conroe, TX 77306

Key Details

Location

Interior

Exterior

Building

Schools

Others

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14256 Fm 1485 RD