$399,000 Last Listed Price
●
Land -
Off Market
15541 Republic Park Trail
Willis, TX 77378
Studio
0 Bath
$396,765
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Perfect, unmatched privacy and seclusion to build your dream home.
Look no further than this stunning high and dry, fully wooded
5-acre property in luxurious Republic Grand Ranch, located in the
charming town of Willis. Tucked away between a national forrest and
state park, this property sits on a cul de sac and backs up to
protected green space for added privacy! At the very back of the
property line you will find a small spring fed creek. Features a
beautiful mix of rolling hills, towering trees, and open meadows,
perfect for creating your very own garden oasis or any other
outdoor activity you may have in mind. In addition to its
picturesque setting, this property offers full underground
utilities including gas, electric, and high-speed internet, making
it a perfect place for those who want to enjoy all the advantages
of rural living without sacrificing modern conveniences.
Unit Size
-
Days on Market
-
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$186
HOA Dues
$41
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 #61039031)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by SavvyWay Realty, Inc. | $399,000 | |
| Listed by SavvyWay Realty, Inc. | |||
| | |||
|
Perfect, unmatched privacy and seclusion to build your dream home. Look no further than this stunning high and dry, fully wooded 5-acre property in luxurious Republic Grand Ranch, located in the charming town of Willis. Tucked away between a national forrest and state park, this property sits on a cul de sac and backs up to protected green space for added privacy! At the very back of the property line you will find a small spring fed creek. Features a beautiful mix of rolling hills, towering trees, and open meadows, perfect for creating your very own garden oasis or any other outdoor activity you may have in mind. In addition to its picturesque setting, this property offers full underground utilities including gas, electric, and high-speed internet, making it a perfect place for those who want to enjoy all the advantages of rural living without sacrificing modern conveniences.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Montgomery
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Currently no similar homes aroundNearby Rentals
Listed by: Will Puente, SavvyWay Realty, Inc.
Last Updated: 4 months ago
Data Source: HAR , MLS# 61039031
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61039031
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