1500 South 3rd Street

Conroe, TX 77301

$1,300,000
Price
1
Bed
9,072 Sq. Ft.
$143 / Sq. Ft.
9,072
Sq. Ft.
$143
per Sq. Ft.

Description

This turnkey investment offers a hassle-free opportunity with steady cash flow. Each +/-800 sqft unit is individually metered and features 2 bedrooms, 1 bathroom, a kitchen, and a living room. The property includes ample parking and a large backyard with a park-like setting, providing potential for additional development to further increase income. Exterior features include a storage unit and a trash container. Long-term tenants with leases already in place ensure stable revenue. Ideally located...This turnkey investment offers a hassle-free opportunity with steady cash flow. Each +/-800 sqft unit is individually metered and features 2 bedrooms, 1 bathroom, a kitchen, and a living room. The property includes ample parking and a large backyard with a park-like setting, providing potential for additional development to further increase income. Exterior features include a storage unit and a trash container. Long-term tenants with leases already in place ensure stable revenue. Ideally located near The Woodlands and Conroe, this property is an excellent addition to any investment portfolio. Don’t miss out on this high-performing asset. Recent upgrades include laminate flooring, granite countertops, black appliances, fresh paint, washer/dryer hookups, new water heaters, HVAC systems, and furnaces. The roof was replaced in 2018.

Property Details for 1500 South 3rd Street

Area
19
Geo Market Area
Conroe Southeast
Subdivision
Sco Se Quad Cco
School District
11 - Conroe
Cool System
Central Electric
LISTING UPDATED: 01/27/2025 04:28 PM

Property Details for 1500 South 3rd Street

StatusActive
MLS #93469553
Days on Market29
Taxes$6,707 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Plus
Year Built1984
Lot Size0.80 AC / 34,848 SF
CountyMontgomery County

Building Information for 1500 South 3rd Street

Stories2Residences1Year Built1984Building Size-Lot Size0.80 AC / 34,848 SF

Property Information for 1500 South 3rd Street

Description Information
School Details
  • School Elementary: HOUSTON ELEMENTARY SCHOOL (CONROE)
  • School Middle: STOCKTON JUNIOR HIGH SCHOOL
  • School High: CONROE HIGH SCHOOL
Building Details
  • Stories: 2
  • Unit Total: 10
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 0
  • Parcel Number: 0806-00-00109
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
Interior Exterior Utilities and Additional Information
Interior Features
  • Dishwasher: Yes
  • Disposal: Yes
  • Refrigerator: Yes
  • Energy: Ceiling Fans
  • Floors: Laminate
  • Countertops: Granite
  • Misc Features: Fire/Smoke Alarm, Washer/Dryer Connections
Exterior Features
  • Lot Description: Cleared
  • Roof: Composition
  • Siding: Brick, Wood
  • Heat System: Central Gas
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: No
  • Fee Other: No
  • Tax Year: 2024
  • Tax Rate: 1.92%
Financial Information
  • Tenancy Type: 1 Year

Property History for 1500 South 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 South 3rd Street

Taxable ValueLand$34,909Additions$315,091Total$350,000
Tax Record2023$6,000 ($500 / month)
Home Facts
Total Finished SqFt9,072 SqFtAbove Grade Finished SqFt9,072 SqFtLot Size34,848 SqFtStyleMulti-Family Dwelling (2-4)Year Built1984Zoning1CountyMONTGOMERYAPN0806-00-00109

Schools near 1500 South 3rd Street

This home is within Conroe Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Runyan Elementary School
PublicPK to 4

Travis Intermediate School
Public5 to 6

Donald J Stockton Junior High School
Public7 to 8

Conroe High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1500 South 3rd Street is a multi-family home for sale in Conroe, TX 77301. This property was listed for sale on January 27, 2025 by Top Guns Realty on Lake Conroe, it's currently listed at $1,300,000. It has been on the market for a total of 29 days and was last sold on June 2, 2022. This listing's school district is Conroe Independent School District. Nearby schools include Runyan Elementary School, Travis Intermediate School and Donald J Stockton Junior High School. 1500 South 3rd Street is a 1-bed, 1-bath, 9,072 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Top Guns Realty on Lake Conroe, Emmanuel Bravo, TREC #0727059; Top Guns Realty on Lake Conroe, Madison Barbosa, TREC #0820047

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