23
Map
$239,900
●
Land -
For Sale
15369 Red Hawk Road
Willis, TX 77378
Studio
0 Bath
$1,567
Est. Monthly
$41
HOA / Fees
About This Property
3.00 ACRES > BACKS TO PRIVATE RESERVE > NO REAR NEIGHBORS
> MATURE TREES > EXCEPTIONAL PRIVACY A rare opportunity to
own a beautifully wooded 3-acre homesite in Republic Grand Ranch.
Backing directly to a private reserve, this property offers a
peaceful natural backdrop with no rear neighbors and plenty of room
to create a truly custom estate. Design your dream home with space
for a pool, shop, guest house, outdoor kitchen, or expansive
entertaining areas. Republic Grand Ranch is a premier acreage
community near Willis featuring rolling terrain, paved roads,
public water, underground utilities, and HIGH-SPEED fiber optic
internet. Enjoy parks, ponds, covered pavilions, playgrounds, BBQ
areas, and miles of green space with hiking, biking, and equestrian
trails. Low tax rate and NO MUD tax. Privacy, space, and country
living with convenient access to shopping, dining, and I-45.
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$347
HOA Dues
$41
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 15 days ago (HAR #97865448)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Listed by Grand Ranch Properties | $239,900 | |
| Listed by Grand Ranch Properties | |||
| Mar 12, 2025 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Listed by Executive Real Estate | $238,000 | |
| Listed by Executive Real Estate | |||
| | |||
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Welcome to your slice of paradise! Nestled in the heart of a highly sought-after community, this sprawling wooded tract of land offers tranquility, privacy, and abundant wildlife. With its dense foliage and natural beauty, this parcel presents the perfect canvas for creating your forever homesite. Imagine waking up to the melodies of chirping birds and the rustle of leaves as you design and build your dream home amidst this serene woodland setting. This property offers the ideal backdrop for realizing your vision and making it home. Embrace the peace and seclusion of country living while still enjoying convenient access to urban amenities. Don't miss this opportunity to secure your piece of paradise and embark on the journey of turning your dream home into a reality. Check this property out today to explore the endless possibilities awaiting you on this enchanting wooded oasis.
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Property Highlights
Exterior Details
Lot Features: Greenbelt, Rolling Slope, Wooded, Subdivision, 2 Up to 5 Acres
Lot Size Area: 3.0004
Lot Size Units: Acres
Lot Size Acres: 3.0004
Lot Size Square Feet: 130697.424
Tax Lot: 7
Water Source: Public
Financial Details
Tax Annual Amount: $4,162
Utilities Details
Sewer : Aerobic Required (not installed)
Location Details
HOA/Condo/Coop Amenities: Jogging Path, Park, Picnic Area, Trail(s), Horse Trails, Pond, Stocked Pond
HOA Fee: $495
HOA Fee Frequency: Annually
Comparables
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Type
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About Montgomery
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Listed by: Jennifer Ryan, Grand Ranch Properties
Last Updated: 15 days ago
Data Source: HAR , MLS# 97865448
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Last Updated: 15 days ago
Data Source: HAR , MLS# 97865448
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