The Austin Apartments is a one story garden-style apartment community located in the Conroe N/Montgomery submarket of Houston, TX. The asset was constructed in 1975 and offers residents many amenities including all electric kitchen, refrigerator, pantry, tile flooring, ceiling fans, central air conditioning and heating, and laundry facilities. Owner estimated rehab: Heavy interior rehab: approx $21,400/unit Heavy exterior rehab: approx $460,000/property Conroe is located in Montgomery County just north of Houston. Since Interstate 45 travels through Conroe and leads into Houston’s business district, residents prefer living in this suburban neighborhood and commuting to work. It’s no secret that the cost of living in Conroe is lower than Houston. The city is attractive to many renters because of the reasonable commute times, and it’s only a seven-mile drive to Lake Conroe, a popular outdoor recreational area. There’s a lot going on in the city – you just have to know where to look. Locals enjoy exploring the Sam Houston National Forest, which covers 163,000 acres of land and is the perfect place for camping or a scenic hike. After a lovely dinner at Red Brick Tavern, locals look forward to a musical at the Crighton Theatre on North Main Street. The Heritage Museum of Montgomery County is a great place to go and learn about the city’s evolution through the decades – and it is right next to Candy Cane Park.