Duplex with Fenced
1076 Mann Rd, Conroe, TX 77303
For Sale
New
$424,900
Each residence includes three bedrooms, two full bathrooms, and a single-car garage.
Property Size2,496 SF
Days on Market3
Property Features for 1076 Mann Rd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
washer and dryer connections
separate storage room
fenced backyard
Building Details
Building Size
Year Built
Stories
Units
Listed By:
Nancy Schwind · License TX #0700588
(936) 203-0004
Source:
Elliman
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 7:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nancy Schwind
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is under construction, with completion estimated for mid-to-late December. Each side has three bedrooms, two full bathrooms, a single-car garage, washer and dryer connections, and a separate storage room within the garage. Both residences also have fenced backyards. The year built is 2026.
The property is a few minutes from I-45 and near dining, shopping, and entertainment.
The property is a few minutes from I-45 and near dining, shopping, and entertainment.
Key Highlights
- Two residences, each with 3 bedrooms and 2 full bathrooms
- Single‑car garage on each side, with a separate storage room
- Washer and dryer connections in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,837
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,740
$556.7K
Cap Rate 7%
$397,671
$397.7K
Cap Rate 9%
$309,300
$309.3K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$42.5K $17.04/SF
− Vacancy
−$2.8K −$1.11/SF
EGI
$39.8K $15.93/SF
− OpEx
−$11.9K −$4.78/SF
NOI
$27.8K $11.15/SF
Area
Montgomery County, TX
Vacancy
6.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,740
Cap Rate 7%
$397,671
Cap Rate 9%
$309,300
Alternative Uses
Best Use
Multifamily LT 5
$397.7K
$348.0K – $464.0K
NOI $27,837 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$374.7K
$327.8K – $437.1K
NOI $26,226 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$630.1K
$551.4K – $735.2K
NOI $44,109 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 77303, TX
20,974
Population
9,516
Households
2.2
Avg Household Size
36
Median Age
14%
College-Educated
84%
High-School Grad
60.9 sq mi
ZIP Area
344
Density / Sq Mi
$72,827
Median Household Income
$42,956
Median Earnings
$1,157
Median Rent
$232,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Montgomery County, TX
Properties on Market for Duplexes in Montgomery County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, two full bathrooms, and a single-car garage.
Where is this duplex located?
The property is located at 1076 Mann Rd Conroe, TX.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Single‑car garage on each side, with a separate storage room; Washer and dryer connections in each residence
