13719 Lookout Ct Willis, TX 77318
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.