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$159,000

15268 Forest Grove Drive, Willis, TX, 77378

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.01 acres

Land Information

APN8282-07-15900
Lot Number71
SubdivisionRepublic Grand Ranch 07
Land UseResidential
Legal DescriptionS828207 - REPUBLIC GRAND RANCH 07, BLOCK 5, LOT 71
Census Tract694107
Assessed Land Value$166,830
Assessment Year2025

About this property

2.01 Acre Interior lot, very level for easy driveway and less dirt work, great mix of mature hardwood trees and no easements crossing the lot! Located out of the busy city, but close enough to great schools and nearby shopping. Large lot wooded community with gentle rolling hills. Peaceful privacy. You will never be crowded by neighbors. Republic Grand Ranch is a large lot, wooded community. Country lifestyle for your custom forever home. Trees, paved roads, water, high-speed fiber optic internet & underground power through out. Covered pavilions, parks, ponds, playgrounds, BBQ areas. Minutes from shopping, dining, schools, hospitals, and entertainment. Low taxes - No MUD tax. Average elevation is 400’ ASL. Plenty of greenspace and trails for hiking, biking and horseback riding.

Investor Tools

$143,751Estimated Mortgage Balance
$23,249Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
Positive
Cash Flow Estimate:
$334 /month

Interested in this property?

Jennifer Moriarty Hebert

Keller Williams Advantage Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
$495/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
Austin Bank
Credit Line (Revolving) / Heloc
$152,910
No
First
Apr 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,751
$23,249
13%
86%
$917/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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15268 Forest Grove Drive | Property Details | No Agent List