1799 League Line Rd Conroe, TX 77304

This exceptional investment opportunity presents a six-unit townhome complex ideally situated in Conroe, Texas, at 1799 League Line Rd, 77304. Built in 2010, this well-maintained property boasts 6,966 square feet and offers a compelling blend of immediate income and significant upside potential. The property comprises four three-bedroom, 2.5-bathroom units and two two-bedroom, one-bathroom units. Each unit includes a one-car garage and a fenced yard. Current annual income is $81,000, with annual expenses totaling $34,440. However, with most leases month-to-month and current rents significantly below market value ($1200 minimum for 2-bedroom and $1500 minimum for 3-bedroom units), a substantial increase in rental income is readily achievable. A planned rent increase of $100 per month per unit starting November 1st will further boost profitability. The property's prime location, just three minutes from I-45, provides easy access to major transportation routes, shopping, and dining, enhancing its appeal to tenants. The high-growth area surrounding the property ensures strong long-term value appreciation. The property's design also allows for potential expansion with the addition of two more units. This turnkey investment offers a rare combination of immediate cash flow, significant rental upside, and excellent long-term growth prospects in a desirable location. The asking price is $975,000.