$178,000 Last Listed Price
●
Land -
Off Market
15523 Republic Park Trail
Willis, TX 77378
Studio
0 Bath
$177,514
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Limited opportunity to own pristine high & dry fully wooded land
aprox 1hr N. of Houston at pre-development pricing! Tucked away
between a national forest & state park in a secluded, picturesque
country setting, Republic Grand Ranch is The Premier Luxury Acreage
Community in Montgomery County, & the perfect spot to build your
Custom Dream Home! This gorgeous 2.5 acre lot sits in the sold out
Section 1 Block 3 at the end of a cul-da-sac & backs up to
protected green spaces for added privacy(never any rear neighbors),
& boasts over 200' of frontage, your own small creek at the rear,
underground utilities, high-speed fiber-optic internet, LOW
Taxes(No MUD) & is in the desirable Willis ISD. Enjoy the outdoors
w/ multiple parks, an 8-acre private stocked fishing lake, loads of
walking/hiking trails & more! You're even allowed horses & chickens
if you wish. Country life within reach of city conveniences!
Unit Size
-
Days on Market
-
Land Size
2.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$48
HOA Dues
-
Year Built
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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: 4 months ago (HAR #35787177)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Jan 26, 2023 | Listed by SavvyWay Realty, Inc. | $178,000 | |
| Listed by SavvyWay Realty, Inc. | |||
| | |||
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Limited opportunity to own pristine high & dry fully wooded land aprox 1hr N. of Houston at pre-development pricing! Tucked away between a national forest & state park in a secluded, picturesque country setting, Republic Grand Ranch is The Premier Luxury Acreage Community in Montgomery County, & the perfect spot to build your Custom Dream Home! This gorgeous 2.5 acre lot sits in the sold out Section 1 Block 3 at the end of a cul-da-sac & backs up to protected green spaces for added privacy(never any rear neighbors), & boasts over 200' of frontage, your own small creek at the rear, underground utilities, high-speed fiber-optic internet, LOW Taxes(No MUD) & is in the desirable Willis ISD. Enjoy the outdoors w/ multiple parks, an 8-acre private stocked fishing lake, loads of walking/hiking trails & more! You're even allowed horses & chickens if you wish. Country life within reach of city conveniences!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montgomery
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Listed by: Will Puente, SavvyWay Realty, Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 35787177
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Last Updated: 4 months ago
Data Source: HAR , MLS# 35787177
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