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Property profile & analytics
OFF-MARKET
Residential income homes

13719 Lookout Ct Willis, TX 77318

1,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Total area 1,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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