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$166,000

NAL Estimated Property Value

16166 Forest Mill Road, Willis, TX, 77378

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2 acres

Land Information

APN8282-09-20200
Lot Number70
SubdivisionRepublic Grand Ranch 09
Land UseVac Res Single Fam-In City, < 5 Acres
Legal DescriptionS828209 - REPUBLIC GRAND RANCH 09, BLOCK 5, LOT 70
Census Tract694107
Assessed Land Value$166,000
Assessment Year2025

About this property

Welcome to 16166 Forest Mill Rd in the highly sought-after Republic Grand Ranch community! This beautiful 2-acre property offers a mostly flat landscape, making it ideal for building your dream home with ease. Surrounded by towering trees and rolling hills, you’ll enjoy the perfect blend of peaceful country living and modern convenience. Republic Grand Ranch features paved roads, underground utilities, high-speed fiber optic internet, parks, playgrounds, covered pavilions, ponds, BBQ areas, and miles of scenic trails for hiking, biking, and horseback riding. Enjoy privacy and room to breathe while still being just minutes from shopping, dining, schools, and entertainment in Willis, Conroe, and The Woodlands. Conveniently located near I-45, Lake Conroe, H-E-B, restaurants, and medical facilities, this is your opportunity to enjoy the best of Texas acreage living with easy access to everyday essentials.

Investor Tools

Property Icon
$166,000
Estimated Property Value
$139,000Estimated Mortgage Balance
$27,000Estimated Equity
16% 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
$92/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$277
$166,000
2025
$166,000
N/A
$166,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$277
$166,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Purchase Money Mortgage
$144,415
No
First
May 7, 2024
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,000
$27,000
16%
84%
$866/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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16166 Forest Mill Road | Property Details | No Agent List