Gated Triplex with
For Sale
$749,000
14010 Longstreet Rd Unit 4, Willis, TX 77318
Three-unit property with open-concept kitchens, granite countertops, and included appliances.
Property Size4,098 SF
Price / SF$182.77
Days on Market49
Property Features for 14010 Longstreet Rd Unit 4
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Multi-Family
Building Details
Year Built
2025
Listing Agency:
Blavesco, LTD Heather Carlile
Listed By:
Kimberly Duckett · License #0675980
(936) 648-7450
Source:
Nova-era
Added: Sep 14
Changed: Oct 25
Last Checked: Oct 7 at 4:07PM
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
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Investment Insights
Based on property information with market context.
Built in 2025, this 4,098-square-foot triplex includes three units within a gated community. Each unit features an open-concept kitchen, granite countertops, and appliances. Additional property features include front and back porches, a private garage, and two dedicated parking spaces per unit.
The property is located near Lake Conroe and approximately 7 minutes from I-45. The community contains 60 buildings and provides a secured residential setting. The address is 14010 Longstreet Rd Unit 4, Willis, TX 77318.
The property is located near Lake Conroe and approximately 7 minutes from I-45. The community contains 60 buildings and provides a secured residential setting. The address is 14010 Longstreet Rd Unit 4, Willis, TX 77318.
Key Highlights
- 4,098‑square‑foot triplex built in 2025
- Three units in a gated community with 60 buildings
- Open‑concept kitchens with granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,704
Cap Rate
6.10%
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 6.10%
Second Best
Apartment 5plus
$615.1K
$538.2K – $717.6K
NOI $43,058 @ 7.0% cap · market cap 5.75%
Theoretical Best
Specialty Retail
$1.03M
$905.2K – $1.21M
NOI $72,419 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with open-concept kitchens, granite countertops, and included appliances.
Where is this triplex located?
The property is located at 14010 Longstreet Rd Unit 4 Willis, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 4,098‑square‑foot triplex built in 2025; Three units in a gated community with 60 buildings; Open‑concept kitchens with granite countertops
