- For Sale Contact for pricing
- Property Type VacantLand
- Property Size 87,120 SF
- Lot Size 2 Acre
- Date Updated May 6, 2026
Description
Rare opportunity to acquire a stable, cash-flowing asset with future redevelopment potential. This 2-acre site features 8 multifamily units across three buildings, including (6) one-bedroom units, (2) two-bedroom units, and (1) four-bedroom house. Currently 100% leased, the development generates approximately $60,000 in annual gross rental income. Ideally located with FM 3083 frontage, the site is situated on a major road near Hwy 105 and Loop 336, surrounded by several large residential developments under construction.
379 FM 3083 Rd. | Conroe, Texas 77301: Shady Acres Apartments
3 buildings with 9 total units: (6) 1-bedroom units, (2) 2-bedroom units, and (1) single-family home
2-bedroom units. 7,863 total building square footage on 2.00 acres (87,120 SF) with utilities from the City of Conroe.”
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Contacts
NewQuest Properties
NewQuest Properties