$165,000
255 Redberry Rd, Somerville, TX, 77879
$166,233 ARV
On Market
Just Added
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size25,025 sqft
Building Information
Year Built2022
Land Information
APNR25573
Lot Number364
Land UseResidential
Legal DescriptionS2507 ENCHANTED OAKS PARK LOT 364, .5745 ACRES SN# CLW052627TX HUD# NTA2076231
Census Tract970501
Assessed Land Value$50,043
Assessed Improvement Value$158,118
Assessment Year2025
About this property
255 Redberry Rd. is located in Somerville, Texas Enchanted Oaks Park subdivision in Burleson County. This manufactured home sits on 25,027 sq ft lot and 0.57 acres. Spacious and open floor plan consists of 3 bedroom, 2 bath built by Vanderbilt in 2022.
Investor Tools
$100,975Estimated Mortgage Balance
$66,000Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$166,232
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,782
$208,161
2025
$50,043
$158,118
$208,161
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,782
$208,161
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage & Finance Inc
Conventional
$106,853
No
First
Jun 6, 2023
Aug 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,975
$107,186
51%
153%
$641/mo
