Income-producing 4-unit property in the heart of Conroe, offering established rental history, flexible unit mix, and a location tenants can truly enjoy. 513 Avenue I includes a 2019-built duplex, with each side offering 3 bedrooms and 1.5 bathrooms, plus the adjacent duplex at 601 and 603 Booker T Washington, which includes a 1-bedroom/1-bath unit and a 3-bedroom/1-bath unit. Two duplexes are being sold together as one 4-unit investment opportunity. Just minutes from Downtown Conroe, local coffee shops, restaurants, shopping, parks, everyday conveniences, I-45, The Woodlands, major employers, and Lake Conroe recreation. With multiple rental units, long-term lease history, and a central location in one of Montgomery County’s most active growth areas, this property offers a strong blend of income, flexibility, and long-term upside investment.
For sale
$419,000
513 Avenue I, Conroe, TX 77301
3beds
3,300sqft
Quadruplex
Built in 2019
-- sqft lot
$408,000 Zestimate®
$127/sqft
$-- HOA
What's special
- 2 days |
- 33 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kameron Hockaday TREC #0840005 832-446-9417,
Marshall Reddick Real Estate,
Rachel Page TREC #0774911 714-642-9353,
Marshall Reddick Real Estate
Source: HAR,MLS#: 69710151
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Features
- Stories: 2
Lot
- Size: 9,343 Square Feet
Details
- Parcel number: 87375
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2019
Community & HOA
Community
- Subdivision: Donovans
Location
- Region: Conroe
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $326,107
- Annual tax amount: $6,219
- Date on market: 7/7/2026
- Lease term: 1 Year
Estimated market value
$408,000
$388,000 - $428,000
$1,425/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $419,000-0.2%$127/sqft |
Source: | ||
| 9/26/2021 | Listing removed | -- |
Source: | ||
| 7/26/2021 | Pending sale | $420,000$127/sqft |
Source: | ||
| 7/5/2021 | Price change | $420,000-6.7%$127/sqft |
Source: | ||
| 6/6/2021 | Listed for sale | $450,000$136/sqft |
Source: | ||
| 7/12/2012 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,219 -15.5% | $326,107 -15.3% |
| 2024 | $7,363 +19.8% | $384,864 +20% |
| 2023 | $6,146 | $320,720 -13.6% |
| 2022 | -- | $371,000 +159.4% |
| 2021 | $1,749 -2.7% | $143,020 +78.8% |
| 2020 | $1,798 -1.5% | $80,000 -38.7% |
| 2019 | $1,825 -33.4% | $130,560 +11.1% |
| 2018 | $2,741 +65.1% | $117,530 +60.9% |
| 2017 | $1,660 -2.8% | $73,040 |
| 2016 | $1,708 +60.8% | $73,040 |
| 2015 | $1,062 | $73,040 +62.1% |
| 2014 | $1,062 | $45,050 +85% |
| 2013 | -- | $24,350 |
| 2012 | -- | $24,350 |
| 2011 | -- | $24,350 |
| 2010 | -- | $24,350 |
| 2009 | -- | $24,350 |
| 2008 | -- | $24,350 |
| 2007 | -- | $24,350 |
| 2006 | -- | $24,350 |
| 2005 | -- | $24,350 |
| 2004 | -- | $24,350 |
| 2003 | -- | $24,350 |
| 2002 | -- | $24,350 |
| 2001 | -- | $24,350 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77301
Nearby schools
GreatSchools rating
- 7/10Houston Elementary SchoolGrades: PK-4Distance: 0.9 mi
- 6/10Donald J Stockton Junior High SchoolGrades: 7-8Distance: 2.5 mi
- 5/10Conroe High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Houston Elementary School (Conroe)
- Middle: Stockton Junior High School
- High: Conroe High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Montgomery County
- Conroe
- 77301
- 513 Avenue I




