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$166,830

NAL Estimated Property Value

12737 Oak Barrel Road, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.01 acres

Land Information

APN8282-08-09900
Lot Number36
SubdivisionRepublic Grand Ranch 08
Land UseResidential
Legal DescriptionS828208 - REPUBLIC GRAND RANCH 08, BLOCK 4, LOT 36
Census Tract694107
Assessed Land Value$166,830
Assessment Year2025

About this property

Discover over 2 acres of prime land in the desirable Republic Grand Ranch, ready for your dream home! This spacious lot is one of the few that is almost perfectly square and one of the largest front entries in the neighborhood. The current owners have invested 5K clearing the lot to prep it for home construction, leaving enough brush for privacy and there are no pipelines or waterways to limit your vision. Located just outside Willis, enjoy the peaceful country lifestyle while being close to top-rated schools and convenient shopping, everything you need is just minutes away. Republic Grand Ranch is a wooded community nestled in the rolling hills, offering a perfect setting for your forever home. Enjoy community amenities including covered pavilions, parks, ponds, playgrounds, and BBQ areas. Explore the abundance of green space and trails perfect for hiking, biking, and horseback riding. This beautiful, secluded parcel is waiting for you to create the home of your dreams!

Investor Tools

Property Icon
$166,830
Estimated Property Value
$113,499Estimated Mortgage Balance
$53,331Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,001 /month
Positive
Cash Flow Estimate:
$334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,788
$166,830
2025
$166,830
N/A
$166,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,788
$166,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Purchase Money Mortgage
$119,900
No
First
Jul 12, 2023
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,499
$53,331
31%
68%
$719/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.

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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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12737 Oak Barrel Road | Property Details | No Agent List