New Three-Unit
For Sale
$749,000
14010 Longstreet Rd Unit 6, Willis, TX 77318
Gated multifamily property with appliance packages, porches, garages, and dedicated parking for each residence.
Property Size4,098 SF
Price / SF$182.77
Days on Market49
Property Features for 14010 Longstreet Rd Unit 6
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Multi-Family
Units
Multifamily Units
3
Parking per Unit
2
Additional Details
Highway Access
Yes
Amenities
gated community
Building Details
Year Built
2025
Listing Agency:
Blavesco, LTD Heather Carlile
Listed By:
Kimberly Duckett · License #0675980
(936) 648-7450
Source:
Thebandpteam
Added: Sep 19
Changed: Oct 26
Last Checked: Oct 7 at 1:04PM
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.
Completed in 2025, this 4,098-square-foot triplex contains three residences within a gated community comprising 60 buildings. The units feature open-concept kitchens with granite countertops and included appliances, along with front and rear porches, private garages, and two dedicated parking spaces per unit.
Located at 14010 Longstreet Rd Unit 6 in Willis, the property is near Lake Conroe and approximately 7 minutes from I-45. The three-bedroom, 2.5-bathroom configuration provides a consistent layout across the multifamily asset, with residential features designed for tenant occupancy.
Located at 14010 Longstreet Rd Unit 6 in Willis, the property is near Lake Conroe and approximately 7 minutes from I-45. The three-bedroom, 2.5-bathroom configuration provides a consistent layout across the multifamily asset, with residential features designed for tenant occupancy.
Key Highlights
- Three‑unit triplex completed in 2025
- 4,098 square feet of property area
- Located in a gated community of 60 buildings
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
Property Analytics
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Gated multifamily property with appliance packages, porches, garages, and dedicated parking for each residence.
Where is this triplex located?
The property is located at 14010 Longstreet Rd Unit 6 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: Three‑unit triplex completed in 2025; 4,098 square feet of property area; Located in a gated community of 60 buildings
