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$218,000

NAL Estimated Property Value

15944 Ridge Oak Rd, Willis, TX, 77378

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.01 acres

Land Information

APN8282-08-04400
Lot Number31
SubdivisionRepublic Grand Ranch 08
Land UseResidential
Legal DescriptionS828208 - REPUBLIC GRAND RANCH 08, BLOCK 2, LOT 31
Census Tract694107
Assessed Land Value$166,830
Assessment Year2025

About this property

*Beautiful 2.01-Acre Lot in Republic Grand Ranch, Willis, Texas* Discover your dream home site in the picturesque Republic Grand Ranch community! This stunning 2.01-acre lot is ideally situated next to one of the ranch's beautiful parks, offering a tranquil escape in nature. *Property Features:* - *Size:* 2.01 acres - *Elevation:* Average elevation of 400 feet - *Amenities:* - Tree-lined walking and hiking trails - Access to parks - Private, fish-stocked 8-acre lake - *Utilities:* High-speed fiber optic internet and underground utilities - *Taxes:* Low taxes with no MUD *Location Highlights:* - Only 58 miles from Houston - 27 miles from Huntsville - 19 miles from Conroe This property is not just a lot; it's an opportunity to build your dream home in a serene setting while remaining conveniently centralized near several larger cities. Don’t miss out on this perfect blend of nature and accessibility!

Investor Tools

Property Icon
$218,000
Estimated Property Value
$144,241Estimated Mortgage Balance
$73,759Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,319 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,788
$166,830
2025
$166,830
N/A
$166,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,788
$166,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$152,900
No
First
Apr 24, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,241
$73,759
33%
66%
$917/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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15944 Ridge Oak Rd | Property Details | No Agent List