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$221,000

NAL Estimated Property Value

12616 Grove W, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size3.74 acres

Land Information

APN3398-00-03700
Lot Number37
SubdivisionChina Grove Village 01
Land UseResidential
Legal DescriptionS339800 - CHINA GROVE VILLAGE 01, BLOCK 1, LOT 37, ACRES 3.745
Census Tract694107
Assessed Land Value$146,055
Assessment Year2025

About this property

GORGEOUS 3.7 WOODED ACRES READY TO BUILD YOUR DREAM HOME OR BARNDO!!! THIS AMAZING PARCEL IS IN THE BEAUTIFUL CHINA GROVE SUBDIVISION AND SITS HIGH AND DRY WITH NO FLOODPLAIN! IMPROVEMENTS INCLUDE A WATER WELL, SMALL DRIVEWAY WITH DRIVEWAY GATE, AND SOME CLEARING AT A GREAT HOMESITE LOCATION! OTHER FANTASTIC QUALITIES IS THE CUL DE SAC LOCATION ON A COUNTY PAVED ROAD, LOW TAX RATE, NO MUD DISTRICT, NO HOA DUES, ELECTRIC AVAILABLE AT THE FRONT OF THE ROAD, LIGHT RESTRICTIONS, AND WILLIS ISD! THIS PROPERTY IS LOCATED IN THE VERY QUIET CHINA GROVE VILLAGE, A BEAUTIFUL ACREAGE COMMUNITY ON THE EAST SIDE OF I-45 BETWEEN CONROE AND WILLIS. THIS WOODED LOT IS RECTANGULAR SHAPED, HIGH AND DRY WITH NO FLOODPLAIN, AND LOCATED AT THE END OF A CUL DE SAC FOR ADDITIONAL PEACE AND TRANQUILITY.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$866,193Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,441
$146,055
2025
$146,055
N/A
$146,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,441
$146,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Commercial
$150,000
No
First
Aug 16, 2024
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$866,193
N/A
0%
392%
$5,327/mo

Learn About the Market: Opportunity in Texas

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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.

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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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12616 Grove W | Property Details | No Agent List