New
$2,700,000
30-Unit Multifamily in Conroe, TX
TX · listed Oct 16, 2026 (12 days)
Price per unit compared
This property$90K
Within ~40 mi (168)$92K
Texas median (1,196)$92K
- $/unit
- $90,000
- ▼ 2% vs TX · 48th pct
- Cap rate
- —
- Gross yield
- —
- Units
- 30
- 1965
Financials
- Asking price
- $2,700,000
- Price per unit
- $90,000
- Price per sq ft
- $131
- 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
- 30
- Unit mix
- a mix of one-bedroom and two-bedroom residences
- Buildings
- Not stated
- Year built
- 1965
- Building size
- 20,556 sq ft
- Avg unit size
- 685 sq ft
- Lot size
- Not stated
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Oct 16, 2026
- Days on market
- 12 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1823
About this property
Highlights
- Four buildings containing 30 apartment units.
- Located near Downtown Conroe amenities and services.
- Convenient access to Interstate 45 and the Houston region.
- Includes a mix of one-bedroom and two-bedroom residences.
- Built in 1965 and situated on approximately 0.81 acres.
- Historical marketing materials reported full occupancy.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Conroe, TXValue-add | $780K | $98K$98K | — |
 Conroe, TXNewStabilized | $880K | $73K$73K | 7.7% |
| Conroe, TX New | $3.3M | $110K$110K | — |
| Conroe, TX New construction | $1.99M | $199K$199K | — |
| Conroe, TX Stabilized | $850K | $71K$71K | — |
| Conroe, TX | $985K | $82K$82K | — |