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$131,000

15679 Wood Grove Way, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.03 acres

Land Information

APN8282-07-11100
Lot Number23
SubdivisionRepublic Grand Ranch 07
Land UseResidential
Legal DescriptionS828207 - REPUBLIC GRAND RANCH 07, BLOCK 5, LOT 23
Census Tract694107
Assessed Land Value$115,000
Assessment Year2025

About this property

Discover the perfect blend of serene living and modern convenience in this beautiful lot at Republic Grand Ranch. Located in an exclusive, high-elevation area, this property offers over 400 feet of elevation, ensuring stunning views and a tranquil environment. This unique opportunity presents a lifestyle immersed in nature without compromising on essential amenities.This lot is fully prepared for development, with power and water already installed. The paved roads ensure easy access, and with internet connectivity in place, you can stay connected while enjoying the rural charm. Furthermore, there are no MUD taxes! Nature enthusiasts will appreciate that the entire neighborhood backs up to the national forest, offering endless opportunities for outdoor adventures right at your doorstep. Moreover, the property is conveniently located approximately 20 minutes from Lake Conroe and about 40 minutes from Lake Livingston, providing ample options for boating, fishing, and water sports.

Investor Tools

Property Icon
$131,000
Estimated Property Value
$0Estimated Mortgage Balance
$131,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$786 /month
Positive
Cash Flow Estimate:
$262 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,036
$115,000
2025
$115,000
N/A
$115,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,036
$115,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$130,000
100%
0%
$0/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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15679 Wood Grove Way | Property Details | No Agent List