Rare opportunity to acquire a stabilized portfolio of 13 rental properties, each situated on its own individual lot within the Paradise Cove subdivision in Willis, Texas — just minutes from the shores of Lake Conroe. Each property is positioned on fee-simple land and features a manufactured home, making this an attractive asset for investors seeking strong cash flow and minimal management overhead. All homes are currently leased to long-term tenants, offering immediate income generation and the potential for rental growth in one of Montgomery County’s fastest-growing corridors. With proximity to Lake Conroe, nearby retail and recreation, and easy access to I-45 and The Woodlands, this portfolio benefits from a desirable mix of affordability, location, and tenant demand.
For sale
$874,900
12755 Paradise View Ct, Willis, TX 77318
3beds
--sqft
Est.:
Multi Family
Built in 2000
-- sqft lot
$-- Zestimate®
$--/sqft
$110/mo HOA
What's special
Individual lotManufactured home
- 80 days |
- 47 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: September 25, 2025 at 04:27pm
Listed by:
Jimmy Franklin TREC #0317553 281-949-6362,
eXp Realty LLC,
Katie Markel TREC #0791678 832-702-5091,
eXp Realty LLC
Source: HAR,MLS#: 31738656
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Other
Property
Features
- Stories: 1
Details
- Parcel number: 77530301400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2000
Community & HOA
Community
- Subdivision: Paradise Cove
HOA
- HOA fee: $1,316 annually
Location
- Region: Willis
Financial & listing details
- Tax assessed value: $38,025
- Annual tax amount: $561
- Date on market: 9/25/2025
- Listing terms: Cash,Conventional,Investor
- Lease term: 1 Year
Estimated market value
Not available
Estimated sales range
Not available
$1,159/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Listed for sale | $874,900 |
Source: | ||
| 5/5/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 2/6/2019 | Listing removed | $650 |
Source: RE/MAX SIGNATURE #13786928 Report a problem | ||
| 1/23/2019 | Listed for rent | $650 |
Source: RE/MAX Signature #13786928 Report a problem | ||
| 10/10/2003 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $38,025 +7% |
| 2024 | $594 -20.1% | $35,542 -22.3% |
| 2023 | $743 | $45,730 +14.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,788/mo
Principal & interest
$4271
Property taxes
$1101
Other costs
$416
Climate risks
Neighborhood: 77318
Nearby schools
GreatSchools rating
- 5/10Parmley Elementary SchoolGrades: K-5Distance: 4.3 mi
- 2/10Lynn Lucas Middle SchoolGrades: 6-8Distance: 4 mi
- 6/10Willis High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Parmley Elementary School
- Middle: Lynn Lucas Middle School
- High: Willis High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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