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Days19Days on Market
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$987,900

116 Founders Grove Loop, Willis, TX, 77318

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.45 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size15,817 sqft

Building Information

Garage Spaces3

Land Information

APN9271-01-00500
Lot Number5
SubdivisionThe Woodlands Hills
Land UseResidential
Legal DescriptionS927101 - THE WOODLANDS HILLS 12A, BLOCK 1, LOT 5
Census Tract694209
Assessed Land Value$58,000
Assessment Year2024

About this property

This 1½-story former model home features 4 bedrooms, 3.5 + .5 baths, and a 3.5-car garage. An elegant oval entry with hardwood floors and a 13' ceiling opens to the private study. The spacious kitchen boasts 12' ceilings, 42" white painted cabinets, quartz countertops, and KitchenAid built-in appliances, opening to the breakfast room, dining room, and family room, all with hardwood flooring. A full accordion door overlooks the impressive 30' covered patio. The primary suite includes a freestanding tub, separate shower, and His and Hers vanities. Upstairs offers a game room, half bath, and theater room complete with surround-sound wiring, theater paint, theater carpet, and additional insulation.

Investor Tools

Property Icon
$567,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,927 /month
Positive
Cash Flow Estimate:
$1,976 /month

Interested in this property?

Lance Loken

Ravenna Homes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$1,005/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,780
$58,000
2024
$58,000
N/A
$58,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,780
$58,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Building Or Construction Loan
$17,500,000
No
First
Aug 17, 2023
Aug 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,058,456
N/A
0%
3009%
$107,944/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Willis

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