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$347,207

NAL Estimated Property Value

216 Somerville St, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
price_per_sqft$220.68 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-17-W314-290D-0005
Lot Number5
Land UseResidential
Legal DescriptionS12182 - CAUGHFIELD PH 9, BLOCK D, LOT 5
Census Tract020329
Assessed Land Value$81,500
Assessed Improvement Value$265,707
Assessment Year2025

About this property

Stunning 3 bed, 2 bath home located in the award-winning Leander ISD. Enjoy a light and airy feel upon entry with beautiful wood-like laminate flooring and an open concept layout. The kitchen offers a large center island, granite countertops, built-in stainless steel appliances with a gas range, a stylish neutral backsplash, and a breakfast area surrounded by windows to let in the morning sun. The primary suite is tucked away and relaxing with high, tray ceilings, a walk-in shower, garden tub, and dual vanities - perfect for getting ready. Spend the day outdoors in your large and private backyard or at the community amenity center that features a large pool, splash pad, playscape, fitness center, and spots to entertain as well. Easy access to hike and bike trails and the San Gabriel River. Sellers will require a leaseback through November. Don’t miss your chance to own this gem! Pre-inspection already uploaded in MLS

Investor Tools

Property Icon
$347,207
Estimated Property Value
$274,473Estimated Mortgage Balance
$73,251Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$869/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,689
$347,207
2025
$81,500
$265,707
$347,207
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,689
$347,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$300,000
No
First
Oct 9, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,473
$72,734
20%
79%
$1,799/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: Leander

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