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Excellent investment opportunity in growing East Montgomery County! This fully occupied 12-unit apartment complex sits on one unrestricted acre. Each unit offers one bedroom and one bathroom and is leased under a one-year agreement, with monthly rents ranging from $800 to $900. Property features include a new roof, fresh interior and exterior paint, and updated laminate flooring, onsite laundry area. Currently served by a private water well, the property is in the process of transitioning to public utility service. Conveniently located approximately eight miles from Highway 59/I-69, providing easy access to shopping, dining, employment centers, and surrounding communities while maintaining a quiet country setting. An excellent income-producing opportunity for investors!
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 8/20/2026 |
|---|---|---|---|
| TRACT | Colista E Granger | YEAR BUILT | 1977 |
| COUNTY | Montgomery | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Milam Elementary School (Conroe) |
|---|---|
| Jr. High School | Moorhead Junior High School |
| High School | Caney Creek High School |
| ADDITIONAL DETAILS | |
| AIR | Attic Fan, Ceiling Fan(s), Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Refrigerator |
| CONSTRUCTION | Brick, Cement Siding |
| EXTERIOR | Private Entrance |
| HEAT | Electric |
| LOT | 1 acre(s) |
| LOT DESCRIPTION | Cleared |
| STORIES | 1 |
| SUBDIVISION | Colista E Granger |
| TAXES | 9669 |
| UTILITIES | Water Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Texas Ally Real Estate Group, LLC
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