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$160,000

15841 Ridge Rock Road, Willis, TX, 77378

On MarketInfo
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Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2 acres

Land Information

APN8282-06-00600
Lot Number6
SubdivisionRepublic Grand Ranch 06
Land UseResidential
Legal DescriptionS828206 - REPUBLIC GRAND RANCH 06, BLOCK 1, LOT 6
Census Tract694107
Assessed Land Value$166,000
Assessment Year2025

About this property

This ~ 2-acre wooded, level, lot in the rolling hills community of Republic Grand Ranch (RGR) is the ideal setting to build your custom dream home. Located in Willis ISD ~ 20 minutes north of The Woodlands, RGR offers access to a ~ 37-acre park including bass-stocked Republic Lake with multiple fishing docks, walking/hiking/horseback riding trails, parks/playgrounds, high elevation (averages 400' ASL), pavilions, wildlife, and low taxes (no MUD). Utilities include water (community has a well water system), underground electric and high-speed fiber optic internet. RGR is minutes from shopping, dining, hospitals, Lake Conroe and entertainment venues.

Investor Tools

$131,950Estimated Mortgage Balance
$104,050Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

David Dennis

DADEN PROPERTIES

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,005
$144,000
2025
$166,000
N/A
$166,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,005
$144,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Credit Line (Revolving) / Heloc
$142,110
No
First
Aug 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,950
$104,050
44%
56%
$853/mo

City: Willis