22
Map
$150,000
●
Land -
For Sale
15609 Ridge Rock Road
Willis, TX 77378
Studio
0 Bath
$878
Est. Monthly
$41
HOA / Fees
About This Property
1.00 ACRE > PREMIER CORNER HOMESITE > FLAT & FULLY BUILDABLE
> NEAR COMMUNITY ENTRANCE > ESTATE-STYLE FLEXIBILITY > No
utility easement not adjacent creek corner homesite in Republic
Grand Ranch with design flexibility for a luxury custom residence.
The generous layout allows for a thoughtfully designed estate with
room for a pool, detached casita, oversized garage, gardens, and
expansive outdoor living. Positioned near the entrance for
convenient while still surrounded by the natural beauty and privacy
of the community. The corner setting provides additional spacing
and enhanced curb appeal, ideal for a showcase custom home. RGR
features paved roads, underground power, water, and fiber optic
internet throughout. Enjoy a private stocked lake, parks, and
wooded trails. Just minutes to I-45, under 10 minutes to Lake
Conroe, and approximately 20 minutes to The Woodlands for
world-class dining, shopping, medical, and entertainment. Low
taxes, no MUD tax, average elevation 400' ASL.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$100
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 #89981685)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2026 | Listed by Grand Ranch Properties | $150,000 | |
| Listed by Grand Ranch Properties | |||
| Jul 20, 2024 | Price Decreased |
$115,000
↓ $8K
(6.5%) | |
| Price Decreased | |||
| Jul 17, 2024 | No longer available | - | |
| No longer available | |||
| Jul 15, 2024 | Listed | $123,000 | |
| Listed | |||
| | |||
|
Discover the perfect canvas for your dream home or investment! This exceptional vacant corner lot offers endless possibilities. Imagine building your ideal vacation getaway, a serene retreat, or holding it as a valuable asset. Located in a highly desirable area, this elevated and dry lot sits at 400 feet above sea level, far above Houston's typical elevation. Enjoy the tranquility of tree-lined walking and hiking trails, and be mesmerized by the stunning 8-acre lake. With property values steadily increasing as growth moves north of Houston, now is the ideal time to invest. Nearby amenities include shopping, dining, and recreational activities, ensuring convenience and enjoyment. The serene environment provides the perfect backdrop for a peaceful lifestyle while still being close to city conveniences. Secure your slice of paradise and bring your vision to life with your preferred builder. Don’t miss out on this rare opportunity and start planning your future today!
| |||
| May 10, 2023 | Listed by Walzel Properties - Corporate Office | $125,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| | |||
|
Looking for a prime investment opportunity that offers the best of both worlds? Look no further! Boasting a prime location in one of Houston's most sought-after pockets, this sensational lot area is elevated & dry, sitting at an impressive 400 feet above sea level. A stark contrast to the rest of Houston, which sits just 20-50 feet above sea level. The property is also home to tree-lined walking and hiking trails, as well as an awe-inspiring 8-acre lake that's sure to take your breath away. But the real beauty of this property lies in the opportunity to build your perfect home on this peaceful estate with the preferred home builder you trust. And with property values on the rise, as the economic and population growth spreads north of Houston, there's never been a better time to invest in this prime piece of real estate. So why wait? Seize the opportunity to secure your slice of paradise today. Call now to arrange a viewing and start planning your dream home today.
| |||
Property Highlights
Exterior Details
Lot Features: Corner Lot, Interior Lot, Level, Wooded, Subdivision, 1 Up to 2 Acres, No Lot Improvements
Lot Size Area: 0.9983
Lot Size Units: Acres
Lot Size Acres: 0.9983
Lot Size Square Feet: 43485.948
Tax Lot: 26
Water Source: Public
Financial Details
Tax Annual Amount: $1,197
Utilities Details
Sewer : Aerobic Required (not installed)
Location Details
HOA/Condo/Coop Amenities: Jogging Path, Park, Picnic Area, Trail(s), Horse Trails, Pond
HOA Fee: $495
HOA Fee Frequency: Annually
Comparables
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Status
Type
Beds
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ft²
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HOA + Taxes
About Montgomery
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Listed by: Jennifer Ryan, Grand Ranch Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 89981685
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89981685
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