14256 FM 1485 ROAD, CONROE, TX 77306
Homes for sale in Conroe.
Homes for sale in 77306.
14256 Fm 1485 Road
Conroe, TX 77306
List Price$450,000
Listing #53043371
2
Bedrooms
1 full
Bathrooms
3,328
Square Feet
5
Number of Units
Multi-Unit Residential
Type
About This Property
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!
Property Features
Location Information
County
Montgomery
Subdivision
White Oak Valley Estate
MLS Area
Conroe Southeast
Directions
From 59, I-69 North, exit toward FM-1485. Turn left onto FM-1485. Proceed down FM-1485 for 8.2 miles and the property is on the left driectly on FM-1485.
Latitude
30.243922
Master Planned Community
WHITE OAK VALLEY ESTATES
Longitude
-95.302653
Interior Features
Interior
Laminate Counters, Ceiling Fan(s)
Total Number of Units
5
Fireplace Description
Private Entrance
Exterior Features
Stories
1
Acre Range
1/2 Up to 1 Acre
Is New Construction
No
Lot Description
Cleared
Construction
Aluminum Siding
Lot Size in Acres
0
Exterior
Private Entrance
Lot Size in Sq. Ft.
33,184
Parking Description
Electric Gate
Is One Story
Yes
School
School District
Conroe
Middle School
MOORHEAD JUNIOR HIGH SCHOOL
Elementary School
MILAM ELEMENTARY SCHOOL (CONROE)
High School
CANEY CREEK HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional, Investor Financing
Year Built
2019
Property Type
RI
Status
Pending
Property SubType
Multi Family
Similar Listings
Mortgage Calculator
$2,101
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,621
Monthly Tax
$375
Monthly Insurance
$105
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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