New-Construction
For Sale
$725,000
14010 Longstreet Road # 2, Willis, TX 77318
Three separately configured homes share one building within a gated community near Lake Conroe.
Property Size4,098 SF
Days on Market144
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Property Features for 14010 Longstreet Road # 2
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Multi Family,Triplex
Units
Unit Mix
3 x 3BR/2.5BA
Multifamily Units
3
Additional Details
Asking Price
$749,000
Highway Access
Yes
Amenities
gated community
Building Details
Building Size
4,098 SF
Year Built
2026
Buildings
1
Listing Agency:
Blavesco, LTD Heather Carlile
Listed By:
Kimberly Duckett · License #0675980
(936) 648-7450
Source:
Livingvoguerealestate
Added: May 25
Changed: Oct 15
Last Checked: Oct 15 at 2:08AM
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 Blavesco, LTD Heather Carlile
Investment Insights
Based on property information with market context.
Completed in 2026, this triplex contains three residences, each with three bedrooms, two and a half bathrooms, an open-concept layout, granite countertops and appliances. Each home also has front and rear porches, a private garage and two dedicated parking spaces.
The property is within a gated community near Lake Conroe and approximately seven minutes from I-45, with access to Willis and Conroe.
The property is within a gated community near Lake Conroe and approximately seven minutes from I-45, with access to Willis and Conroe.
Key Highlights
- Three residences in one building
- Built in 2026
- Each residence has 3 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,704
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,080
$914.1K
Cap Rate 7%
$652,914
$652.9K
Cap Rate 9%
$507,822
$507.8K
Market Conditions
NOI Build-Up for 4,098 SF
Gross rent
$69.8K $17.04/SF
− Vacancy
−$4.5K −$1.11/SF
EGI
$65.3K $15.93/SF
− OpEx
−$19.6K −$4.78/SF
NOI
$45.7K $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%
$914,080
Cap Rate 7%
$652,914
Cap Rate 9%
$507,822
Alternative Uses
Best Use
Multifamily LT 5
$652.9K
$571.3K – $761.7K
NOI $45,704 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$615.1K
$538.2K – $717.6K
NOI $43,058 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$1.03M
$905.2K – $1.21M
NOI $72,419 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 77318, TX
17,518
Population
8,654
Households
2
Avg Household Size
44
Median Age
30%
College-Educated
91%
High-School Grad
37.0 sq mi
ZIP Area
473
Density / Sq Mi
$90,246
Median Household Income
$51,428
Median Earnings
$1,209
Median Rent
$288,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately configured homes share one building within a gated community near Lake Conroe.
Where is this triplex located?
The property is located at 14010 Longstreet Road # 2 Willis, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three residences in one building; Built in 2026; Each residence has 3 bedrooms and 2.5 bathrooms
