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Days241Days on Market
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$42,000

205 Black Oak Drive, Somerville, TX, 77879

On MarketInfo
Baths0 Bath
Baths1,888 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Lot Size42,005 sqft

Building Information

Year Built1987

Land Information

APNR1035640
Lot Number178-185
Land UseResidential Mobile Home
Legal DescriptionS2502 SOMERVILLE PLACE LOT 178-185, .9643 ACRES SN# P3097A HUD# TEX0106925
Census Tract970501
Assessed Land Value$89,891
Assessed Improvement Value$42,126
Assessment Year2025

About this property

Land minutes from Lake Somerville, TX ready for your development! Co-joined lots has been manicured and fenced with a gate for entry. Mature trees with a back entry of property for additional accessibility. Amenities such as access to the local neighborhood swimming pool and recreation area are a joyful option. Call today to schedule your view of this beautiful oasis!

Investor Tools

Property Icon
$201,000
Estimated Property Value
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,206 /month
Positive
Cash Flow Estimate:
$402 /month

Interested in this property?

Vivian Zamora

Town & Country Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$132,017
2025
$89,891
$42,126
$132,017
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$132,017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,000
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.

Explore Texas Explore This Area
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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205 Black Oak Drive | Property Details | No Agent List