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Map
12892 Oak Barrel Road
About This Property
Rare opportunity to own a truly distinctive homesite in Republic Grand Ranch backing to both a reserve and Peach Creek-offering a natural, ever-changing backdrop that brings character, depth, and privacy to your property. This heavily wooded 2.04-acre tract is filled with mature trees, creating a secluded, estate-style setting with multiple build options. With no pipelines and a protected rear boundary, this homesite delivers a level of privacy that is increasingly hard to find. Republic Grand Ranch is known for its peaceful atmosphere, large acreage homesites, and natural surroundings, featuring a private stocked fishing lake, parks, and wooded trails. Conveniently located near Willis, Lake Conroe, and The Woodlands for shopping, dining, and medical. Low taxes. No MUD.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | Price Decreased |
$184,900
↓ $9K
(4.6%) | |
| Price Decreased | |||
| Mar 14, 2025 | Listed by Grand Ranch Properties | $193,900 | |
| Listed by Grand Ranch Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017