10-Unit Multifamily in Conroe, TX
TX · listed Sep 15, 2026 (43 days)
- $/unit
- $198,500
- ▲ 115% vs TX · 86th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 10
Financials
- Asking price
- $1,985,000
- Price per unit
- $198,500
- Price per sq ft
- Not stated
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 10
- Unit mix
- 10 homes ranging 3–4 bed / 2–3 bath
- Buildings
- Not stated
- Year built
- Not stated
- Building size
- Not stated
- Avg unit size
- Not stated
- Lot size
- Not stated
- Condition
- New construction
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Sep 15, 2026
- Days on market
- 43 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- City only
- Listing #
- 2117
About this property
🏗️ BRAND NEW 10-UNIT PORTFOLIO | Conroe, TX 77306
Builder Close-Out · 2026 Build · Crockett Meadows
💰 Portfolio Ask: $1,985,000
📊 Combined Retail Value: $2,346,000
📉 Built-In Discount: $361,000 (15%+ off individual pricing)
10 brand-new homes. Same established neighborhood. One closing.
This is a rare shot to acquire an entire rental portfolio of newly constructed, move-in ready homes in a single transaction — not chasing one-off listings across town.
📋 Portfolio Highlights:
✅ Brand-new construction — completed and move-in ready
✅ Low property tax rate
✅ Energy-efficient homes
✅ Strong rental potential
✅ Lower maintenance & insurance costs
✅ Potential appreciation
✅ Depreciation & cost-segregation benefits
✅ Ability to scale a portfolio in ONE community
🏡 What's included:
10 homes ranging 3–4 bed / 2–3 bath, 1,344–1,854 SqFt
HOA: $480/year
All homes readily available to walk through
Investors, portfolio buyers, buy-and-hold operators — this is turnkey scaling with zero rehab and zero tenant turnover risk. The builder is motivated to close out the community.
Cash or hard money. Sold as-is (brand new, nothing to fix).
📲 Call or text:
Location
Somewhere in Conroe. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
| Conroe, TX Stabilized | $850K | $71K$71K | — |
| Conroe, TX | $985K | $82K$82K | — |
| Conroe, TX Stabilized | $985K | $82K$82K | 11.9%gy |
| Conroe, TX Stabilized | $950K | $79K$79K | — |
| Conroe, TX Stabilized | $850K | $71K$71K | — |
| Conroe, TX New construction | $1.99M | $199K$199K | — |