13719 Lookout Ct Willis, TX 77318
- Residential income homes
- 1,000 SF
Current Use by Public Records
- Residential income homes
Property Details for 13719 Lookout Ct
- Property size
- 1,000 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of three single-family rental properties located in the desirable Shadow Bay community of Willis, Texas, within Montgomery County. The properties, situated at 13719 Lookout Ct, 14338 W Ravine Run, and 14322 W Ravine Run, all share the 77318 zip code. Each unit boasts a generous square footage ranging from 1,000 to 1,300 square feet. Currently, the portfolio enjoys a 75% occupancy rate, generating a substantial monthly rental income of $3,000. This translates to a compelling price per unit of $70,000, with a total asking price of $210,000 for the entire portfolio. The properties are offered as a full ownership sale/leaseback opportunity, providing a flexible investment structure. The properties are tenant-occupied, and tenants are responsible for all utilities. This is a strong cash-flow investment with owner financing available. This represents a rare chance to acquire a well-performing rental portfolio in a sought-after lakefront community. The properties are ideally suited for investors seeking immediate income and long-term appreciation potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Willis
- County
- Montgomery
- State
- Texas
- Longitude
- -95.5638
- Latitude
- 30.4476
