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$230,000

272 Pine Rd Road, Somerville, TX, 77879

$234,950 ARVInfo
On MarketInfo
Beds1 Beds
Baths1 Bath
Baths273 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$842.49 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Microwave, Electric Range, Refrigerator

Exterior

Exterior FeaturesStorage

About this property

NEW ROAD HAS BEEN PUT IN to this 3.61 acres of secluded land in Somerville, TX. Perfect for those seeking a tranquil escape and a prime location to build a larger home, this property offers endless possibilities with essential utilities and a charming starter residence. You'll find a cozy metal mini home designed for functionality and comfort. This living space features a kitchen complete with a versatile multi-purpose bar, a comfortable living room, a full bathroom and a cozy bedroom. Notable property features include a 30' X 40' metal barn equipped with underground electricity, boasting 30amp and 50amp plugs and a full connected 20' storage shipping container. Though the home has already been plumbed and is ready for the water and septic installation, it requires the addition of a water well and septic system to fully realize its potential. Access to the property is not a problem with the new county maintained road. Enjoy the variety of trees and natural springs.

Investor Tools

$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,950
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Rachelle Wendt

Coldwell Banker Apex, REALTORS LLC

ContactContact

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Financing Details

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

City: Somerville

272 Pine Rd Road | Property Details | No Agent List