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214 Longstreet Rd Willis, TX 77378

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For Sale
$350,000

16-unit multifamily property in Willis, Texas, 100% occupied.

Type:Multifamily
Property size:
625 SF
Added:
Apr 15, 2026
Days on Market:
8
Last Refresh:
Apr 15 at 8:01 pm

Property Features for 214 Longstreet Rd

General Information

Standard status
Active
Size
625 SF
Property subtype
Multifamily

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Listing Contact
Derek Schuster
Derek Schuster

Listing agent Derek Schuster License #TX: 685656

Listing office Dallas Office

Listing date Apr 15, 2026

Source Marcusmillichap

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 Dallas Office


Overview

Multifamily Asset in Willis, Texas

Located at 214 Longstreet Rd in Willis, Texas, this 16-unit multifamily asset offers immediate access to I-45 and US-75, providing convenient connectivity to the Greater Houston metro. Constructed in 1983, the property consists entirely of one-bed/one-bath units averaging 625 SF. The property is currently 100% occupied. Opportunities exist for new ownership to grow income and add value. The previous ownership started installing new stainless steel appliances, which can be continued to capture market-rate rent increases. Implementing a RUBS program for water utilities represents an additional opportunity to recover operating expenses and improve net operating income. Willis is located within Montgomery County, where the city's population has grown over 18% since the 2020 census. The submarket benefits from a below-average cost of living, strong household formation, and proximity to the Greater Houston employment base. Houston's multifamily fundamentals are improving, with new supply projected to reach its lowest level since 2013, vacancy expected to decline, and rent growth anticipated to rebound in 2026. This asset offers investors an opportunity to acquire a stabilized community with upside in a growing suburban corridor.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Building Supply Spa & Massage Center Hotel & Motel Auto Repair Shop Nail Salon Auto Parts Store Hair Salon Gym & Fitness Center Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Willis
County
Montgomery
State
Texas
Longitude
-95.4482
Latitude
30.4217

FAQs

What type of property is this?
Apartment building - 16-unit multifamily property in Willis, Texas, 100% occupied.
Where is this apartment building located?
The property is located at 214 Longstreet Rd Willis, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 100% Occupancy: Provides stable, day‑one cash flow; Value‑Add Potential: Increase income through appliance upgrades and RUBS; Strong Location: Immediate access to I‑45 and US‑75, providing convenient connectivity to Houston
More about this property
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