
$149,000
NAL Estimated Property Value264 Lantern St, Somerville, TX, 77879
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About this property
Fabulous group of 4 1/2 of lots being sold together and ready for your vision to come to life inside the city limits of Somerville! These lots are an investors dream. They have already been partially cleared and have beautiful scattered mature hardwoods throughout, road frontage and utilities available on two sides. This property has a lot to offer! Conveniently located approximately 16 miles to Brenham, 93 miles to Austin, 90 miles to Houston, 28 miles to Bryan/College Station and just two miles to Welch Park at Lake Somerville. Lake Somerville offers various kinds of recreation from water skiing to fishing, hiking, camping and horseback trails. An additional group of lots is also available across the street. Mobile homes allowed if not older than 5 years old, per city requirements. City utilities available on either road front but will need water and wastewater taps and meters. Electricity available through Entergy and gas through Atmos.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Somerville
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