$199,900
100 Hill Loop Rd, Somerville, TX, 77879
On Market
Just Added
Highlights
Interior
Exterior
Lot Size1.82 acres
Building Information
Year Built1998
Land Information
APNR23451
Lot Number96-104
Land UseResidential
Legal DescriptionS2502 SOMERVILLE PLACE LOT 96-104, 1.8196 ACRES
Census Tract970501
Assessed Land Value$179,620
Assessment Year2025
About this property
Waterfront land down the road from Lake Somerville! Located at 100 Hill Loop, this property includes 9 platted lots total, offering a rare opportunity to create your own lake area retreat. This property features scattered trees, access to community water and access to the pond from each lot. Tons of potential for multiple new home development, short term rentals, or your future dream home. Enjoy the laid back lake lifestyle with quick access to the boat ramp, fishing, swimming, and camping. Septic tank will be required.
Investor Tools
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,441
$179,620
2025
$179,620
N/A
$179,620
No
Tax History
Year
Tax Paid
Assessed Value
2022
$1,441
$179,620
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,620
100%
0%
$0/mo
