23
Map
$125,000
●
Land -
For Sale
15469 Forest Grove Drive
Willis, TX 77378
Studio
0 Bath
$1,010
Est. Monthly
$41
HOA / Fees
About This Property
Looking for a fantastic lot and location? Look no further, this
gorgeous 3+ acre lot is located in the heart of Republic Grand
Ranch! This well-thought-out community offers the perfect balance
of space, privacy, and natural beauty, providing residents with
expansive homesites and an exceptional country living experience.
Every lot includes high-speed fiber optic internet, underground
utilities, and reliable water service. In addition, you can enjoy
parks, an 8-acre private, stocked fishing pond, horseback riding
trails, and tree-lined walking and hiking trails. LOW TAXES and NO
MUD, property owners can secure their land now and build at their
own pace. Just 20 minutes North of The Woodlands; great schools!
Short commute to The Woodlands with amazing amenities and Lake
Conroe for fishing, boating, jet skiing - great dining, shopping,
and fun! Horses allowed. Enjoy the country lifestyle.
Unit Size
-
Days on Market
-
Land Size
3.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$355
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: 6 months ago (HAR #10478467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 6, 2026 | Listed by eXp Realty LLC | $125,000 | |
| Listed by eXp Realty LLC | |||
| Mar 24, 2026 | Price Decreased |
$140,000
↓ $20K
(12.5%) | |
| Price Decreased | |||
| Nov 20, 2025 | Price Decreased |
$160,000
↓ $15K
(8.6%) | |
| Price Decreased | |||
| May 29, 2025 | Listed by eXp Realty LLC | $175,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Looking for a fantastic lot and location? Look no further, this gorgeous 3+ acre lot is located in the heart of Republic Grand Ranch! This well-thought-out community offers the perfect balance of space, privacy, and natural beauty, providing residents with expansive homesites and an exceptional country living experience. Every lot includes high-speed fiber optic internet, underground utilities, and reliable water service. In addition, you can enjoy parks, an 8-acre private, stocked fishing pond, horseback riding trails, and tree-lined walking and hiking trails. LOW TAXES and NO MUD, property owners can secure their land now and build at their own pace. Just 20 minutes North of The Woodlands; great schools! Short commute to The Woodlands with amazing amenities and Lake Conroe for fishing, boating, jet skiing - great dining, shopping, and fun! Horses allowed. Enjoy the country lifestyle.
| |||
Property Highlights
Exterior Details
Lot Features: Interior Lot, Wooded, Subdivision, 2 Up to 5 Acres
Lot Size Area: 3.07
Lot Size Units: Acres
Lot Size Acres: 3.07
Lot Size Square Feet: 133729.2
Water Source: Private
Financial Details
Tax Annual Amount: $4,258
Utilities Details
Sewer : Aerobic Septic, Aerobic Required (not installed)
Location Details
HOA/Condo/Coop Amenities: Pond
HOA Fee: $495
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montgomery
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Currently no similar homes aroundNearby Rentals
Listed by: Kristina Newcomb, eXp Realty LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 10478467
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Last Updated: 6 months ago
Data Source: HAR , MLS# 10478467
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