Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Conroe Land Tract Title is generated by Realmo AI

    0 Calvary Rd, Willis, TX 77318

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,919,635

    Large land tract near Lake Conroe, suitable for development.

    Type:Farm and Ranch Properties
    Lot size:
    73.00 Acres
    Added:
    Nov 27, 2025
    Days on Market:
    180
    Last Refresh:
    May 19 at 10:01 pm

    Property Features for 0 Calvary Rd

    General Information

    Standard status
    Active
    Lot size
    73.00 Acres
    Property subtype
    Farm and Ranch Properties

    We can help!

    Listing Contact
    Nonmls

    Listing agent Nonmls License #0706630

    Listing office HOMELAND PROPERTIES, INC

    Listing date Nov 27, 2025

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HOMELAND PROPERTIES, INC

    HighLights

    • Large tract of land on Lake Conroe, a rare opportunity.
    • Located in the path of growth near I‑45 North and within Willis ISD.
    • Direct access to Lake Conroe (via adjoining undivided interest).
    • Water and sewer services potentially available via Corinthian Point MUD District.
    • Rolling terrain with scattered hardwoods and high elevations.
    • Adjacent to the Corinthian Point Subdivision.

    Overview

    This large tract of land is located on Lake Conroe, inside Willis ISD, and adjacent to the Corinthian Point Subdivision. The property features rolling terrain and scattered hardwoods. It has multiple access points and approximately 1/10th mile of Calvary Road frontage, providing direct access to Lake Conroe via an adjoining undivided interest. The property includes some of the highest elevations in the area. Water and sewer services are potentially available via the Corinthian Point MUD District. Lake Conroe is located approximately one hour north of downtown Houston via IH-45, extending 21 miles in length and covering 21,000 surface acres. The average annual salary for the Lake Conroe area is $80,000. Corinthian Point Subdivision was developed in the 1980s and has an average home value of $315,000 with recent lot sales value above $30,000 for a acre interior lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Willis
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5183
    Latitude
    30.4477

    Nearby Similar for Sale

    • $11,435,000
      1,384,337 SF

      31.78 AC Commercial/Industrial Land

      Prime land with I-45 & Hwy 75 frontage in Willis, TX.
      14350 N Highway 75, Other, TX 77378
      View Details
    • $3,490,000
      4,790 SF

      Move-in Ready Office Retail Suites

      Multi-tenant office/retail buildings with easy access to I-45.
      604 W Worsham St, Willis, TX
      View Details
    • $374,000
      1,274 SF

      New Duplex in Willis, Texas

      New construction duplex with modern finishes and income potential.
      106 Runnels St, Willis, TX 77378
      View Details
    • $600,000

      Unrestricted Corner Lot in Willis

      1.56-acre corner lot suitable for commercial or residential development.
      13382 Fm 2432 Road, Willis, TX 77378
      View Details
    • $350,000
      625 SF

      Multifamily Asset in Willis, Texas

      16-unit multifamily property in Willis, Texas, 100% occupied.
      214 Longstreet Rd, Willis, TX 77378
      View Details
    • $599,000
      3,460 SF

      Highway 75 Warehouse with Office

      3,460 SF warehouse with office space in Willis, TX.
      11130 N Highway 75, Willis, TX
      View Details
    • $6,857,610
      4,954 SF

      Clearwater Express Car Wash

      Car wash property for sale in Willis, Texas.
      111 Holland St, Willis, TX 77378
      View Details
    • $12,500

      Residential Land Near Royal Forest Lake

      0.51-acre lot near Royal Forest Lake with community amenities.
      0 Royal Crk Road, Willis, TX 77303
      View Details
    • $1,150,000

      Land in Path of Growth

      Land surrounded by development with utilities and road access.
      11242 Longstreet Rd, Willis, TX 77318
      View Details
    • $120,000

      Unrestricted Land Tract in Willis

      2.51-acre unrestricted land with mature trees, ideal for custom home.
      15685 Mckay Rd, Willis, TX 77378
      View Details
    • $210,000
      1,188 SF

      Lake Conroe Duplex on Corner Lot

      One-story duplex near Lake Conroe with community amenities.
      11423 Outrigger Drive, Willis, TX 77318
      View Details
    • $724,000

      Prime Land in Growing Willis

      Strategically located +/- 1.6 acre commercial land for sale.
      200 S Woodson St, Willis, TX
      View Details

    FAQs

    What type of property is this?
    Land - Large land tract near Lake Conroe, suitable for development.
    Where is this land located?
    The property is located at 0 Calvary Rd Willis, TX.
    What is the asking price?
    The asking price for this property is $2,919,635.
    What are key features of this property?
    This property features: Large tract of land on Lake Conroe, a rare opportunity.; Located in the path of growth near I‑45 North and within Willis ISD.; Direct access to Lake Conroe (via adjoining undivided interest).
    (713) 629-1900
    We can help!
    Listing Contact
    Nonmls
    Real Estate License ID: 0706630
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 Calvary Rd, Willis, TX 77318
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!