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15026 Indian Hill Trail
About This Property
Discover the perfect opportunity to create your dream home on this deep corner lot, over 0.3-acre in the serene Arrowhead Lakes community of Willis. Surrounded by tranquil scenery, this spacious unimproved lot provides endless possibilities for your ideal new home.
Enjoy fantastic community amenities including a stocked lake, pavilion, park, fishing opportunities, and a sparkling pool. Easy access to I-45, you'll have the perfect blend of convenience and peaceful living. The property benefits from low HOA fees and taxes.
Minutes from Willis, this lot offers access to Lake Conroe within a 20-minute drive, perfect for larger lake adventures. Nearby grocery stores like H.E.B. and Kroger, as well as dining and shopping options, are within 10 minutes.
Don't miss this rare opportunity to secure your lot in a growing neighborhood surrounded by new construction and city amenities.
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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 |
|---|---|---|---|
| Jul 21, 2026 | Price Decreased |
$17,900
↓ $1K
(5.3%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$18,900
↓ $1K
(5%) | |
| Price Decreased | |||
| Feb 17, 2026 | Price Decreased |
$19,900
↓ $5K
(20.1%) | |
| Price Decreased | |||
| Dec 6, 2025 | Relisted | $24,900 | |
| Relisted | |||
| Dec 5, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017