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Executive Summary

Willowbrook apartments, a strategically located 32-unit multifamily community at 510 Billie Bess Ln, Conroe, TX 77301, in the heart of one of Texas’ fastest-growing rental markets. This income-producing asset offers strong fundamentals with spacious floor plans, upgraded interiors, and desirable amenities that appeal to today’s renters.
Most units feature recent renovations including modern lighting fixtures, stainless steel appliances, plush new carpeting, and in-unit washer/dryer connections—delivering comfort, style, and functionality. A pet-friendly policy and outdoor grill area further enhance the property’s appeal and sense of community.
Positioned just minutes from downtown Conroe, major employment hubs, retail centers, and top-rated schools, Willowbrook offers the perfect blend of accessibility and livability. With multifamily demand in Conroe continuing to surge, this property presents a compelling opportunity for investors seeking strong cash flow, long-term appreciation, and a foothold in a high-demand submarket.

Attachments

Willowbrook

Property Facts

Price $4,568,949 CAD
Price Per Unit $142,780 CAD
Sale Type Investment
No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.54 AC
Building Size 21,920 SF
No. Stories 2
Year Built 1983
Parking Ratio 1.46/1,000 SF
Opportunity Zone Yes
Zoning 1

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Walk-In Closets
  • Carpet

Site Amenities

  • Property Manager on Site
  • Security System
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 32 - 634
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0002-02-01300
Land Assessment
$185,998 CAD
Improvements Assessment
$2,583,062 CAD
Total Assessment
$2,769,060 CAD
  • Listing ID: 34551238

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 510 Billie Bess Ln, Conroe, TX 77301

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