17
Map
$220,900
●
Land -
For Sale
15386 Red Hawk Road
Willis, TX 77378
Studio
0 Bath
$1,493
Est. Monthly
$41
HOA / Fees
About This Property
Prime 3.18-Acre Wooded Retreat in Republic Grand Ranch. Come see
this beautiful 3.18-acre homesite. This property offers a rare
combination of accessibility and seclusion, situated near the front
of the neighborhood for an easy commute while maintaining total
privacy. The lot features a relatively level topography with just
enough natural slope to ensure proper drainage, saving you the
significant costs of retaining walls or massive pad dirt work. It
is lushly covered with mature pines, mixed hardwoods, and natural
underbrush, allowing you to choose exactly how much foliage to keep
for your own private sanctuary. Enjoy a true country luxury
lifestyle with access to a Private Stocked Lake for fishing,
Community Parks featuring BBQ areas and covered pavilions, Miles of
Green Space with dedicated hiking, biking, and equestrian trails.
Benefit from a low tax rate and NO MUD tax. Choose from a selection
of 10 premier custom builders to bring your dream home to life.
Unit Size
-
Days on Market
-
Land Size
3.19 acres
Price per sqft
-
Property Type
Land
Property Taxes
$367
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: 5 months ago (HAR #48095577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | Listed by RE/MAX Integrity | $220,900 | |
| Listed by RE/MAX Integrity | |||
| Apr 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 14, 2025 | Price Decreased |
$220,900
↓ $7K
(3.1%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$227,900
↓ $7K
(3%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed | $234,900 | |
| Listed | |||
| | |||
|
3.18 ACRES > NO DRAINAGE EASEMENTS > MATURE TREES > INTERIOR QUIET PARCEL > EASY BUILD SITE > SURVEY & GEOTECHNICAL REPORT AVAILABLE. Located on the outskirts of Willis with great schools and nearby shopping. Large lot wooded community with gentle rolling hills. Peaceful privacy. You will never be crowded by neighbors. Republic Grand Ranch is a large lot, wooded community in the rolling hills. Country lifestyle for your custom forever home. Trees, paved roads, water, HIGH SPEED fiber optic internet & underground power through out. Covered pavilions, parks, ponds, playgrounds, BBQ areas. Minutes from shopping, dining, schools, hospitals, and entertainment. Low taxes - No MUD tax. Average elevation is 400’ ASL. Plenty of greenspace and trails for hiking, biking and horseback riding.
| |||
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Property Highlights
Exterior Details
Lot Features: Interior Lot, Wooded, 2 Up to 5 Acres, No Lot Improvements
Lot Size Area: 3.1867
Lot Size Units: Acres
Lot Size Acres: 3.1867
Lot Size Square Feet: 138812.652
Tax Lot: 21
Water Source: Public
Financial Details
Tax Annual Amount: $4,404
Utilities Details
Sewer : Aerobic Required (not installed)
Location Details
HOA Fee: $495
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Montgomery
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Listed by: Doyle Spencer, RE/MAX Integrity
Last Updated: 5 months ago
Data Source: HAR , MLS# 48095577
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Last Updated: 5 months ago
Data Source: HAR , MLS# 48095577
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