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$1,100,000

1059, 1071, 1087 Mann Road A / B, Conroe, TX, 77303

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths7,218 Sq Ft
Multi FamilyMulti Family
price_per_sqft$152.4 / sqft
Year BuiltBuilt in 2015

About this property

AMAZING INVESTMENT OPPORTUNITY! 3 ONE STORY DUPLEX HOMES WITH LARGE FENCED BACKYARDS conveniently located minutes from I45 on the NORTH side Conroe. All 6 rental units are easily rented when there a vacancy. This are well maintained, well built and low maintenance properties. All units are the same floor plan. Each spacious unit has with 3 bedrooms & 2 full baths each (6 units total). Kitchens are fully equipped with full size refrigerators, dishwashers, range, and microwaves. Open floor plan, high ceilings, vinyl wood-look floors, and ceiling fans in all bedrooms and living room. Custom site built quality cabinets. Utility room inside with connections for full size washer/dryer (washer/dryer NOT included). Wall and cabinet paint colors updated. Dedicated driveway and backyard patio. Short drive to I-45, shopping, dining and Lake Conroe. 3 properties, sold together as a package only.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Conroe

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1059, 1071, 1087 Mann Road A / B | Property Details | No Agent List