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$119,000

15806 Wood Grove Way, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.25 acres

Land Information

APN8282-05-18400
Lot Number23
SubdivisionRepublic Grand Ranch 05
Land UseResidential
Legal DescriptionS828205 - REPUBLIC GRAND RANCH 05, BLOCK 5, LOT 23
Census Tract694107
Assessed Land Value$103,750
Assessment Year2025

About this property

Imagine crafting your ideal sanctuary on this spacious 1.25-acre corner lot in the sought-after Republic Grand Ranch area of Willis, TX! This uncleared property, surrounded by towering mature pine trees and vibrant natural beauty, offers the perfect setting to bring your vision to life. Nestled in a tranquil community, you’ll have easy access to the breathtaking Sam Houston National Forest and the recreational delights of Lake Conroe, just 10 minutes away. With picturesque horseback riding trails, peaceful ponds, and ample outdoor spaces, this area is perfect for those who cherish nature and an active lifestyle. This is more than just land; it’s your blank canvas! Envision a cozy retreat or an expansive family home that captures your style and spirit. Don’t miss this incredible opportunity to build the home of your dreams in a beautiful, inviting community. Your dream begins here in Republic Grand Ranch!

Investor Tools

Property Icon
$119,000
Estimated Property Value
$103,500Estimated Mortgage Balance
$0Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,000
$71,770
2025
$103,750
N/A
$103,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,000
$71,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Investor Non-Conforming Loan
$103,500
No
First
Aug 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,140
$15,860
13%
86%
$621/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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15806 Wood Grove Way | Property Details | No Agent List