$99,900
●
House -
In Contract
108 Monroe Street
Willis, TX 77378
2 Beds
1 Bath
1,056 Ft²
$491
Est. Monthly
About This Property
Opportunity awaits on this unrestricted corner property offering
excellent visibility and convenient access near I-45. Situated on a
spacious lot, the property includes a 2-bedroom, 1-bath
manufactured home and a detached storage shed, providing
flexibility for residential use, investment potential, or future
redevelopment. Mature trees offer shade and character while the
expansive yard provides ample room for additional structures,
parking, equipment storage, gardening, or outdoor recreation. The
home features a functional layout with a living area,
kitchen/dining space, utility area, and two bedrooms. Conveniently
located near shopping, dining, schools, and major commuter routes,
this property offers easy access to Conroe, The Woodlands, and
surrounding areas. Buyer to independently verify all information,
measurements, restrictions, and intended use.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #97072721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by Kelsey Casey Properties | $99,900 | |
| Listed by Kelsey Casey Properties | |||
Property Highlights
Parking Details
Parking Features: No Garage, Additional Parking
Interior Details
Full Bathrooms: 1
Interior Features: Formal Entry/Foyer, All Bedrooms Down, Primary Bed - 1st Floor
Appliances: Electric Oven, Electric Range, Free-Standing Range, Freestanding Oven
Flooring Type: Carpet, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1056
Architectural Style: Traditional
Year Built Source: Owner
Year Built: 1997
Building Area Total: 1056
Other Structures: Shed(s)
Construction Materials: Aluminum Siding
Patio and Porch Features: Covered, Porch
Lot Features: Back Yard, Cleared, Corner Lot, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3854
Lot Size Units: Acres
Lot Size Acres: 0.3854
Lot Size Square Feet: 16788.024
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Willis
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Currently no similar homes aroundNearby Rentals
Listed by: Kelsey Casey, Kelsey Casey Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 97072721
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Last Updated: 4 months ago
Data Source: HAR , MLS# 97072721
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