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$166,000

NAL Estimated Property Value

15884 Ridge Oak Rd, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2 acres

Land Information

APN8282-08-03300
Lot Number20
SubdivisionRepublic Grand Ranch 08
Land UseResidential
Legal DescriptionS828208 - REPUBLIC GRAND RANCH 08, BLOCK 2, LOT 20
Census Tract694107
Assessed Land Value$166,000
Assessment Year2025

About this property

This stunning 2-ACRE lot in Republic Grand Ranch offers 203.5 ft of road frontage, perfect for a ranch-style home. Featuring mature hardwood trees and gentle rolling hills, this serene and private setting is one of the few remaining premium lots available. A slight slope provides natural drainage, reducing flood risk, while an Rvision site analysis confirmed excellent usability. The generous width allows for a spacious driveway on the right. Enjoy country living with modern amenities, including paved roads, fiber optic internet, and underground utilities. Residents have access to parks, pavilions, ponds, playgrounds, and BBQ areas. The community is minutes from shopping, dining, and top-rated schools. Outdoor lovers will appreciate the greenspaces, trails for hiking, biking, and horseback riding, plus a planned 4-acre park with a disc golf course nearby. With LOW TAXES and NO MUD tax, this well-drained, high-quality lot is a rare opportunity!

Investor Tools

Property Icon
$166,000
Estimated Property Value
$111,619Estimated Mortgage Balance
$54,381Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$996 /month
Positive
Cash Flow Estimate:
$332 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,774
$166,000
2025
$166,000
N/A
$166,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,774
$166,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southtrust Bank Na
Purchase Money Mortgage
$118,320
No
First
Apr 28, 2023
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,619
$54,381
32%
67%
$710/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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15884 Ridge Oak Rd | Property Details | No Agent List