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    Multifamily Asset in Willis, Texas Title is generated by Realmo AI

    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
    Price / SF:
    $560/SF
    Added:
    Apr 15, 2026
    Days on Market:
    55
    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

    We can help!

    Listing Contact
    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

    HighLights

    • 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
    • High‑Growth Area: Located in Willis, Montgomery County, one of the fastest‑growing counties in the U.S.
    • Improving Houston Multifamily Market: Projected decline in vacancy and rebound in rent growth anticipated in 2026
    • Operationally Simple: A fully stabilized community consisting of only one‑bed/one‑bath units

    Overview

    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

    • Map
    • Local Demand
    City
    Willis
    County
    Montgomery
    State
    Texas
    Longitude
    -95.4482
    Latitude
    30.4217

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    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
    (972) 755-5251
    We can help!
    Listing Contact
    Derek Schuster
    Real Estate License ID: TX: 685656
    Learn More
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