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Willowbrook 510 Billie Bess Ln 32 Unit Apartment Building $3,300,000 ($103,125/Unit) Conroe, TX 77301
EXECUTIVE SUMMARY
Willowbrook apartments, a strategically located 32-unit multifamily community at 510 Billie Bess Ln, Conroe, TX 77301, in the heart of one of Texas’ fastest-growing rental markets. This income-producing asset offers strong fundamentals with spacious floor plans, upgraded interiors, and desirable amenities that appeal to today’s renters.
Most units feature recent renovations including modern lighting fixtures, stainless steel appliances, plush new carpeting, and in-unit washer/dryer connections—delivering comfort, style, and functionality. A pet-friendly policy and outdoor grill area further enhance the property’s appeal and sense of community.
Positioned just minutes from downtown Conroe, major employment hubs, retail centers, and top-rated schools, Willowbrook offers the perfect blend of accessibility and livability. With multifamily demand in Conroe continuing to surge, this property presents a compelling opportunity for investors seeking strong cash flow, long-term appreciation, and a foothold in a high-demand submarket.
Most units feature recent renovations including modern lighting fixtures, stainless steel appliances, plush new carpeting, and in-unit washer/dryer connections—delivering comfort, style, and functionality. A pet-friendly policy and outdoor grill area further enhance the property’s appeal and sense of community.
Positioned just minutes from downtown Conroe, major employment hubs, retail centers, and top-rated schools, Willowbrook offers the perfect blend of accessibility and livability. With multifamily demand in Conroe continuing to surge, this property presents a compelling opportunity for investors seeking strong cash flow, long-term appreciation, and a foothold in a high-demand submarket.
PROPERTY FACTS
| Price | $3,300,000 | Building Class | B |
| Price Per Unit | $103,125 | Lot Size | 1.54 AC |
| Sale Type | Investment | Building Size | 21,920 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.46/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | 1 | ||
| Price | $3,300,000 |
| Price Per Unit | $103,125 |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.54 AC |
| Building Size | 21,920 SF |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.46/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Walk-In Closets
- Carpet
SITE AMENITIES
- Property Manager on Site
- Security System
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | 634 |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 0002-02-01300 | Improvements Assessment | $1,865,660 |
| Land Assessment | $134,340 | Total Assessment | $2,000,000 |
PROPERTY TAXES
Parcel Number
0002-02-01300
Land Assessment
$134,340
Improvements Assessment
$1,865,660
Total Assessment
$2,000,000
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Willowbrook | 510 Billie Bess Ln
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