Conroe Turnkey Rental Leased Through December 2029 $228K

306 Shady Cedar Hill Ln, Willis

ROI

25.16% IRR

Strategy

Long Term Rental

$2250 per month is already locked in through December 2029 on a $228K purchase price. This is a 2023-built 3 bed, 2 bath home with a dedicated office, LVP flooring, granite counters, stainless appliances, gas range, fenced yard, sprinkler system, and all major systems from 2023. The long-term lease, newer construction, strong rent-to-price ratio, and A-grade neighborhood make this a rare low-maintenance rental with real cash flow from day one. This is one worth reviewing if you want a tenant-occupied rental with no lease-up risk and minimal capex concern.

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Conroe Turnkey Rental Leased Through December 2029 $228K

Listed 05/27/2026

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306 Shady Cedar Hill Ln, Willis

Purchase Price:$228,000

Cash Outlay:$61,560

Cashflow:$561/mo

Cap Rate:8.79%

IRR:25.16%

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