New
$865,000
12-Unit Multifamily in Conroe, TX
TX · listed Oct 23, 2026 (5 days)
Price per unit compared
This property$72K
Within ~40 mi (243)$96K
Texas median (1,196)$92K
- $/unit
- $72,083
- ▼ 22% vs TX · 34th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 12
- 1977
Financials
- Asking price
- $865,000
- Price per unit
- $72,083
- Price per sq ft
- $106
- 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
- 12
- Unit mix
- Not stated
- Buildings
- Not stated
- Year built
- 1977
- Building size
- 8,166 sq ft
- Avg unit size
- 681 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 23, 2026
- Days on market
- 5 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1754
About this property
Highlights
- On-site laundry facility
- Property Flyers
- Brochure
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 New Caney, TXStabilized | $725K | $121K$121K | — |
 Porter, TXStabilized | $1.09M | $122K$122K | — |
 Conroe, TXNewStabilized | $880K | $73K$73K | 7.7% |
 New Caney, TX▼ 11% cut | $200K | $40K$40K | — |
| Conroe, TX Stabilized | $985K | $82K$82K | 11.9%gy |
| Conroe, TX | $985K | $82K$82K | — |