Last 24 Hours
$151,000
NAL Estimated Property Value15388 Forest Grove Dr, Willis, TX, 77378
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.51 acres
Land Information
APN8282-07-14300
Lot Number55
SubdivisionRepublic Grand Ranch 07
Land UseResidential
Legal DescriptionS828207 - REPUBLIC GRAND RANCH 07, BLOCK 5, LOT 55
Census Tract694107
Assessed Land Value$125,330
Assessment Year2025
About this property
Gorgeous 1.5 acre deep and wide lot in the AMAZING Republic Grand Ranch. This is your opportunity to own a private heavily wooded lot that will be the future site of your dream custom home! You can buy now and wait to build at any point in the future. You will have the opportunity to choose from a wide variety of professional and skilled custom home builders. This lot could also be an excellent investment opportunity, you could buy now and hold this lot then resale at some point in the future. Republic Grand Ranch offers scenic views, a beautiful lake, and lovely tranquil environment. This community offers close proximity to IH-45 and is just 20 minutes from The Woodlands.
Investor Tools
$151,000
Estimated Property Value
$112,730Estimated Mortgage Balance
$38,270Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
$495/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,514
$108,720
2025
$125,330
N/A
$125,330
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,514
$108,720
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas National Bank Of Jacksonville
Unknown
$121,410
No
First
Jul 7, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,730
$38,270
25%
75%
$728/mo
12.4%