20
Map
$246,900
●
Land -
For Sale
15707 Grey Hawk Lane
Willis, TX 77378
Studio
0 Bath
$1,429
Est. Monthly
$41
HOA / Fees
About This Property
2.59-acre homesite tucked into a small cul-de-sac, offering one of
the most peaceful and private settings in Republic Grand Ranch.
Limited traffic and established custom homes nearby create a quiet,
finished streetscape while preserving space between neighbors. The
level terrain allows for an easy driveway approach and efficient
building pad, saving time and cost. A mature mix of trees,
including large hardwoods, provides natural beauty and shade while
maintaining flexibility for your custom design. Located just
outside Willis with convenient access to shopping, dining, schools,
and medical facilities. Community features include paved roads,
underground utilities, public water, and high-speed fiber optic
internet, along with parks, a stocked private lake, pavilions, and
wooded trails. Average elevation approximately 400' ASL. Low tax
rate with no MUD tax. A rare cul-de-sac opportunity in a premier
acreage community.
Unit Size
-
Days on Market
-
Land Size
2.59 acres
Price per sqft
-
Property Type
Land
Property Taxes
$175
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: 30 days ago (HAR #23641595)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2025 | Listed by Grand Ranch Properties | $246,900 | |
| Listed by Grand Ranch Properties | |||
| Mar 12, 2025 | No longer available | - | |
| No longer available | |||
| Jun 13, 2024 | Listed by Keller Williams Realty The Woodlands | $246,900 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
2.59 ACRES > CUL DE SAC FOR EXTRA QUIET AND PRIVACY > LEVEL FOR EASY DRIVEWAY AND BUILDING PAD > MATURE MIX OF TREES WITH LARGE HARDWOODS THROUGHOUT > HOMES ARE BUILT NEXT TO PARCEL > Located on the outskirts of Willis with great schools and nearby shopping. Large lot wooded community with gentle rolling hills. Peaceful privacy. You will never be crowded by neighbors. Republic Grand Ranch is a large lot, wooded community in the rolling hills. Country lifestyle for your custom forever home. Trees, paved roads, water, HIGH SPEED fiber optic internet & underground power through out. Covered pavilions, parks, ponds, playgrounds, BBQ areas. Minutes from shopping, dining, schools, hospitals, and entertainment. Low taxes - No MUD tax. Average elevation is 400’ ASL. Plenty of greenspace and trails for hiking, biking and horseback riding.
| |||
Property Highlights
Exterior Details
Lot Features: Cul-De-Sac, Wooded, Subdivision, 2 Up to 5 Acres
Lot Size Area: 2.59
Lot Size Units: Acres
Lot Size Acres: 2.59
Lot Size Square Feet: 112820.4
Tax Lot: 21
Water Source: Public
Financial Details
Tax Annual Amount: $2,105
Utilities Details
Sewer : Aerobic Required (not installed)
Location Details
HOA/Condo/Coop Amenities: Park, Picnic Area, Trail(s), Pond
HOA Fee: $495
HOA Fee Frequency: Annually
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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HOA + Taxes
About Montgomery
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Listed by: Jennifer Ryan, Grand Ranch Properties
Last Updated: 30 days ago
Data Source: HAR , MLS# 23641595
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Last Updated: 30 days ago
Data Source: HAR , MLS# 23641595
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