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$399,900

215 Somerset St, Borger, TX, 79007

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.37 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Microwave, Double Oven, Dishwasher, Cooktop

Exterior

Exterior FeaturesBlock
Lot Size12,092 sqft

Building Information

Year Built1983
Garage Spaces3

Land Information

APN15416
Land UseResidential
Legal Description17 BLK 11 FAIRLANES UNIT 8
Census Tract951000
Assessed Land Value$9,300
Assessed Improvement Value$341,880
Assessment Year2025

About this property

Welcome to a beautifully updated home offering 3 bedrooms, 2.5 bathrooms, & a spacious 3-car side-entry garage. Impressive curb appeal begins with the large circle drive, while inside you'll find tall 10-12 ft. custom ceilings, recessed lighting, newer fixtures, newer windows, & beautiful wood-look tile flooring throughout. The spacious living area features a cozy wood-burning fireplace & built-in shelving. The kitchen is designed with both style & functionality in mind, offering granite countertops, beautiful cabinetry, a center island, huge pantry, built-in china hutch, double ovens, microwave, dishwasher, & newer appliances. A formal dining room & separate breakfast nook provide plenty of space for everyday meals & entertaining. The isolated primary suite offers privacy and a beautifully updated bath featuring a newer soaking tub. Additional highlights include a spacious utility room, six-panel wood doors, abundant storage throughout, and plenty of room in the oversized 3-car garage. Outside, enjoy the fenced backyard complete with a newer fence, sprinkler system, and large newer pergola--perfect for relaxing or entertaining. With generous living spaces, thoughtful updates, abundant storage, and beautiful custom details throughout, this home has so much to offer!

Investor Tools

$81,800Estimated Mortgage Balance
$343,818Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,555
$351,180
2025
$9,300
$341,880
$351,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,555
$351,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amarillo National Bank
Credit Line (Revolving) / Heloc
$100,100
No
First
Jul 31, 2017
Aug 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,800
$354,200
81%
19%
$601/mo

City: Borger

215 Somerset St | Property Details | No Agent List