Montgomery County Multifamily Buyer
Sell Your Commercial Property In Montgomery County, TX
Montgomery County, north of Houston, includes Conroe, The Woodlands, Magnolia, and communities around Lake Conroe. Its apartment market has grown with corporate campuses in The Woodlands and Spring, and consists mostly of newer suburban garden product along the I-45 corridor.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Cities We Cover: Conroe · The Woodlands — County seat: Conroe
Montgomery County
Where We Buy In Montgomery County
We evaluate apartment buildings of 5+ units across Montgomery County — in each city below, plus smaller towns and unincorporated areas countywide.
Local Market Data
Montgomery County Apartment Market
Figures gathered October 2026 from public market data.
If you plan to sell commercial property in Montgomery County, TX, start with the size of its renter base. Montgomery County counts 69,884 renter households, a 28.2% share of occupied homes, per the Census Bureau's 2020-2024 American Community Survey. That trails the 37.4% Texas renter share, and median gross rent reached $1,532, up 27.3% from the 2015-2019 survey.
Apartment stock is thinner here than in nearby Harris County. Just 15.5% of housing sits in buildings of five or more units. Rental vacancy stands at 7.7%, matching the statewide rate, and Conroe and The Woodlands post sharply different rent levels.
A fast-growing county
Montgomery County grew 19.7% to 684,432 residents between the 2015-2019 and 2020-2024 Census surveys, adding 112,483 people.12,372 more renter households
Renter households rose 21.5%, from 57,512 to 69,884, as Montgomery County's population expanded over the same five-year span.High-income Woodlands renter pool
The Woodlands posts a $140,701 median household income alongside a $1,822 median gross rent, the priciest figure in the comparison table.Who rents in Montgomery County
Renters head 69,884 of the 247,541 occupied households in Montgomery County, a 28.2% share in the 2020-2024 ACS. Statewide, renters make up 37.4% of households, so Montgomery County skews more toward ownership.
Conroe carries the largest renter pool among covered cities, with 18,115 renter households and a 45.5% renter share. The Woodlands holds 12,114 renter households, a lower 27.5% share, against a much higher median income.
Rents, growth and affordability
Montgomery County's median gross rent climbed 27.3%, from $1,203 to $1,532, between the 2015-2019 and 2020-2024 surveys. Population grew faster still, up 19.7% to 684,432 residents. Renter households rose 21.5%, adding 12,372 households.
Rent burden runs heavy: 47.5% of Montgomery County renters paid 30% or more of income on gross rent in the 2020-2024 ACS. HUD's FY2027 two-bedroom Fair Market Rent for the Houston-The Woodlands-Sugar Land area is $1,497, below the county's own $1,532 median, itself $129 above the $1,403 Texas figure.
City-by-city comparison
Conroe and The Woodlands sit at opposite ends of the Montgomery County rental market. Conroe's $1,393 rent and 30.5% share of units in 5+ buildings point to a denser, more affordable renter base. The Woodlands' $1,822 rent and 10.3% vacancy reflect a higher-income renter pool.
| City | Median gross rent | Renter share | Share of units in 5+ buildings | Rental vacancy |
|---|---|---|---|---|
| Conroe | $1,393 | 45.5% | 30.5% | 6.4% |
| The Woodlands | $1,822 | 27.5% | 19.3% | 10.3% |
Conroe's 6.4% rental vacancy sits below the 7.7% Montgomery County rate, a sign of tight demand. The Woodlands' 10.3% vacancy runs well above both figures, giving buyers more room to negotiate there.
Property taxes and assessment in Montgomery County
Apartment buildings in Montgomery County are appraised by the Montgomery Central Appraisal District at market value as of January 1 each year, under Texas Tax Code Sec. 23.01. The county, cities, school districts and special districts each set their own rate, stacked on a single bill.
The 10% homestead appraisal cap under Sec. 23.23 does not apply to rental or commercial buildings, so a Montgomery County apartment sale can feed directly into the next January 1 appraisal.
What this means if you sell in Montgomery County
When you sell commercial property in Montgomery County, TX, you sell into a market where renters hold 28.2% of households and 15.5% of units sit in 5+ unit buildings. Rental vacancy at 7.7% matches the state rate, so occupancy history carries real weight with buyers.
Taxes reset every January 1 under Texas Tax Code Sec. 23.01, with no cap for non-homestead property. Rent control is not a factor in Montgomery County, since Texas Local Government Code Sec. 214.902 limits it to a post-disaster emergency with the governor's approval.
As a multifamily buyer active in Montgomery County, we review 5+ unit buildings from Conroe to The Woodlands as they stand today. Send a current rent roll, a T-12 and the latest tax statement, and we will price the building on those numbers.
Local Knowledge
Selling Multifamily In Texas
What we factor into every Montgomery County offer:
More about Texas →- Pull the current Montgomery Central Appraisal District notice before pricing; rates stack across taxing units.
- Expect a reappraisal at market value each January 1 under Texas Tax Code Sec. 23.01, with no cap.
- Show trailing occupancy; Montgomery County rental vacancy runs 7.7%, matching the statewide rate.
- Have deposit terms and any concessions listed per unit; Texas sets no statutory deposit cap.
Property Tax
Property Tax In Montgomery County For Apartment Owners
Homeowners in Montgomery County pay a median of $5,268 a year in property tax on a median home value of $346,200, an effective rate of about 1.52%, according to the Census Bureau’s 2020-2024 American Community Survey. That is above the Texas statewide average of 1.4%.
How property tax works in Texas: classes, assessment and appeals →Estimate a building’s tax bill with the property tax calculator →
- Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
- A sale can reset the assessed value. Before you price a Montgomery County building, check how Texas reassesses property after a transfer and model the buyer’s new tax bill.
- Pull the actual tax bill from the Montgomery County assessor or tax collector. City, school and special-district levies stack on top of the county rate.
Seller Guides
Selling In Montgomery County? Common Situations We Handle
Learn More
Taxes & Rules For Montgomery County Property
The Texas rules that shape any deal in Montgomery County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Our Buy Box
What We Buy In Montgomery County
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
How Selling To Us Works
- 01
Submit The Deal
Send the address, unit count, asking price, and a rent roll or T-12 if you have them.
- 02
Initial Review
We review it against our buy box and give clear feedback — typically within 48 hours.
- 03
Underwriting & LOI
If it fits, we underwrite in detail and submit a written letter of intent.
- 04
Diligence & Close
Inspections and financing on the agreed timeline, then a professional, predictable closing.
Montgomery County Seller FAQ
What should I check on taxes before I sell commercial property in Montgomery County, TX?
Apartment buildings are appraised by the Montgomery Central Appraisal District at market value as of January 1 each year, per Texas Tax Code Sec. 23.01. County, city, school and special district rates each stack onto the bill, so confirm the current notice before you price a deal.
How high is rental vacancy in Montgomery County?
Rental vacancy in Montgomery County was 7.7% in the Census Bureau's 2020-2024 American Community Survey, matching the statewide Texas rate. Conroe ran lower at 6.4%, while The Woodlands reached 10.3%, giving buyers more room to negotiate there.
How much have rents risen in Montgomery County?
Median gross rent in Montgomery County rose from $1,203 in the 2015-2019 survey to $1,532 in 2020-2024, a 27.3% gain. HUD's FY2027 two-bedroom Fair Market Rent for the Houston-The Woodlands-Sugar Land metro area is $1,497, effective October 1, 2026.
Does Montgomery County have rent control?
No. Texas Local Government Code Sec. 214.902 lets a city adopt rent control only after a disaster-related housing emergency, with the governor's approval. Montgomery County owners in Conroe and The Woodlands set rents by lease terms and market conditions instead.
How do I sell commercial property in Montgomery County, TX?
Send the address, unit count, and any financials. We review Montgomery County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.
Do you buy apartment buildings throughout Montgomery County?
Yes. We evaluate multifamily properties across Montgomery County, including Conroe and The Woodlands, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.
What size Montgomery County properties do you buy?
Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.
Will you buy a property that needs work or has high vacancy?
Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.
Is it possible to sell rental property in Montgomery County without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
What do I need to sell my apartment building in Montgomery County?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
How do property taxes factor into a Montgomery County offer?
Property is assessed at the county level (the county seat is Conroe), within Texas rules. Texas appraisal districts reassess every year, and effective property tax rates are among the higher ones nationally. We model the likely post-sale appraisal and account for the annual protest process.
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Have A Property In Montgomery County?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
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