$ 400,000 $ 450,000 11.1%

14256 Fm 1485 RD

Conroe, TX 77306

  • 2 Beds
  • 1 Bath
    Full Baths: 1
  • 3,328 SqFt
  • 2019 Year Built
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!
Listed by Designed Realty Group , Sold By eXp Realty LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $400,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 3, 328 sqft

    Price per Sqft $120

    Subdivision White Oak Valley Estate

    MLS Listing ID 53043371

    Sold Date 09/19/25

    Bedrooms 2

    Full Baths 1

    HOA Y/N No

    Year Built 2019

    Annual Tax Amount $4,361

    Tax Year 2024

    Property Sub-Type Multi Family

  • Location

    State TX

    County Montgomery

    Area Conroe Southeast

  • Building

    Lot Description Cleared

    Story 1

    Entry Level One

    Level or Stories One

    New Construction No

  • Interior

    Interior Features Laminate Counters, Ceiling Fan(s)

    Heating Central, Electric

    Cooling Central Air, Electric

    Flooring Carpet, Laminate

    Fireplace No

    Appliance Disposal, Microwave, Refrigerator

    Laundry Washer Hookup, Dryer Hookup

  • Exterior

    Exterior Feature Private Entrance

    Parking Features Electric Gate

    Utilities Available Cable Available, Electricity Available, Water Available

    Roof Type Metal

  • Schools

    Elementary Schools Milam Elementary School (Conroe)

    Middle Schools Moorhead Junior High School

    High Schools Caney Creek High School

    School District 11 - Conroe

  • Others

    Tax ID 9510-02-04900

    Security Features Security Gate,Fire Alarm

    Acceptable Financing Cash, Conventional, Investor Financing

    Listing Terms Cash, Conventional, Investor Financing

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