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$495,000

1516 Somerset Lane, Weatherford, TX, 76087

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.56 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size9,104 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APNR000118403
Lot Number40
SubdivisionSilverstone @ Pearson Ranch
Land UseResidential
Legal DescriptionACRES: 0.209 LOT: 40 BLK: B SUBD: SILVERSTONE @ PEARSON RANCH PH 9 F-49
Census Tract140711
Assessed Land Value$60,000
Assessed Improvement Value$335,000
Assessment Year2025

About this property

Offering Buyer $5,000 Towards Closings cost with use of preferred lender. Welcome to 1516 Somerset Lane in Weatherford—a beautifully maintained, move-in ready 5-bedroom, 4 Bathroom home offering the perfect blend of space, comfort, and convenience. Designed with large or growing families in mind, this spacious home features a functional open-concept floor plan with room for everyone to spread out. The inviting living room flows seamlessly into the kitchen and dining area, creating an ideal space for everyday living and entertaining. The kitchen offers abundant cabinetry, generous counter space, and a layout perfect for gathering with family and friends. The thoughtfully designed floor plan includes 4 spacious bedrooms downstairs, including the private primary suite with an ensuite bath and walk-in closet, plus a dedicated home office. Upstairs, you'll find a private guest suite with a full bathroom and a large second living area or game room, providing the perfect setup for guests, multi-generational living, or a media room. Step outside to enjoy the large screened in covered patio and spacious backyard, ideal for entertaining, relaxing, or outdoor activities. Conveniently located with quick access to I-20, this home is just minutes from Costco, H-E-B, Sprouts, Target, HomeGoods, Lowe's, Best Buy, Academy Sports Outdoors, restaurants, and everyday shopping. Enjoy Information Deemed Reliable, but not Guaranteed. Copyright: 2026 NTREIS. nearby Lake Weatherford, scenic parks, walking and biking trails, fishing, kayaking, playgrounds, and the charm of Historic Downtown Weatherford, featuring local boutiques, restaurants, coffee shops, seasonal events, and community festivals. Offering 5 bedrooms, 4 Full Bathrooms, multiple living spaces, a home office, guest suite, game room, covered patio, and an unbeatable Weatherford location, this home truly checks every box. Schedule your private showing today before its gone!

Investor Tools

$289,248Estimated Mortgage Balance
$107,752Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Mariah Kessler

Elite Real Estate Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$395,000
2025
$60,000
$335,000
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$296,250
No
First
Apr 7, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,248
$107,752
27%
73%
$1,777/mo

City: Weatherford