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$147,900

15896 Ridge Oak Rd, Willis, TX, 77378

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.02 acres

Land Information

APN8282-08-03500
Lot Number22
SubdivisionRepublic Grand Ranch 08
Land UseResidential
Legal DescriptionS828208 - REPUBLIC GRAND RANCH 08, BLOCK 2, LOT 22
Census Tract694107
Assessed Land Value$167,660
Assessment Year2025

About this property

Beautiful 2-acre wooded homesite in the desirable Republic Grand Ranch community. This high-elevation lot includes a professionally designed drainage easement, ensuring proper water flow and providing added peace of mind with no history of flooding. The easement runs through the middle of the property giving you the option to build in front of it or behind it! Feature it as you wish! Enjoy privacy, mature trees, and plenty of space to build your dream home, with room for a shop, guest home, or outdoor living. Community features include paved roads, underground utilities, low taxes, no MUD, walking/hiking trails, parks and a private, stocked 8-acre fishing lake. A rare opportunity to own land in a growing, upscale acreage community—schedule your showing today!

Investor Tools

$109,160Estimated Mortgage Balance
$58,500Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,006 /month
Positive
Cash Flow Estimate:
$335 /month

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Jon Shuler

Realty ONE Group Iconic

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,802
$167,660
2025
$167,660
N/A
$167,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,802
$167,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Purchase Money Mortgage
$115,120
No
First
Aug 16, 2023
Aug 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,160
$58,500
34%
65%
$691/mo

Learn About the Market: Opportunity in Texas

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Explore

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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15896 Ridge Oak Rd | Property Details | No Agent List