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$102,000

NAL Estimated Property Value

106 Live Oak Lane, Somerville, TX, 77879

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths685 Sq Ft
price_per_sqft$124.09 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Microwave, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size5,123 sqft

Building Information

Garage Spaces1

Land Information

APNR24275
Lot Number940
Land UseVacant Urban
Legal DescriptionS2502 SOMERVILLE PLACE LOT 940 0.1176 ACRES
Assessed Land Value$10,964
Assessment Year2025

About this property

Charming getaway cabin retreat within walking distance of Lake Somerville! The nearly 3/4 acre lot offers a secluded and peaceful setting with mature trees. The cabin features an open Family Room/Dining Room/Kitchen area on the first floor. The corner stone fireplace is perfect for cool evenings. Upstairs Bedroom could easily be divided into 2 areas or used as a bunk room. Full bathroom and utility room are conveniently located downstairs. Wood deck is perfect for morning coffee. The detached garage can double as boat storage or a workshop. This adorable home will not last long!

Investor Tools

Property Icon
$102,000
Estimated Property Value
$0Estimated Mortgage Balance
$102,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$169
$10,964
2025
$10,964
N/A
$10,964
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$169
$10,964

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$102,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Somerville

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