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15555 Intrepid Lane
About This Property
Discover one of the final opportunities to own in Republic Grand Ranch. This flat, heavily wooded 4-acre homesite in Section 11 offers the ideal setting for a luxury custom estate-private, elevated, and surrounded by mature hardwoods. Enjoy the serenity of nature without sacrificing convenience. You're only 8 minutes from I-45 and the growing town of Willis, offering new shops, dining, and everyday essentials, plus quick access to Lake Conroe, The Woodlands, and top-rated medical facilities. All modern infrastructure is in place, including underground electric, central water, and high-speed fiber internet. The community features miles of hiking trails, a 37-acre park, a stocked fishing lake, and scenic picnic areas. With low taxes, no MUD, and no build timeline, this is where refined country living meets modern convenience-your chance to create an exceptional estate in one of North Houston's most desirable acreage communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Listed by 4 Star Brokerage, LLC | $373,000 | |
| Listed by 4 Star Brokerage, LLC | |||
Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017