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$223,141

NAL Estimated Property Value

400 Live Oak Cir, Somerville, TX, 77879

$288,851 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,000 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$90 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1

Exterior

Lot Size3.08 acres

Building Information

Year Built1996

Land Information

APNR30149
Land UseResidential
Legal DescriptionS3400 DEER FOREST LOT 4/206, 3.08 ACRES SN# NO MH #
Census Tract970400
Assessed Land Value$180,977
Assessed Improvement Value$42,164
Assessment Year2025

About this property

Discover the perfect canvas for your dream retreat with this stunning 3-acre parcel of land located just moments away from the serene waters of Lake Somerville. Nestled in a tranquil setting, this property offers a unique blend of natural beauty and convenient access to recreational activities. Property Features: Size: 3.08 acres of open land, ideal for building your custom home, vacation cabin, or camping site. Location: Close proximity to Lake Somerville, where you can enjoy fishing, boating, hiking, and more. Access: Easy access to nearby roads and highways, ensuring a seamless commute to surrounding towns and cities. Natural Surroundings: Enjoy mature trees, open skies, and the peaceful sounds of nature; the perfect spot for outdoor enthusiasts. Utilities: Available utilities nearby, making development easier. This property is a rare find for those looking to escape the hustle and bustle of city life while still being within driving distance of modern conveniences. Whether you envision a weekend getaway or a permanent residence, this land offers endless possibilities. Don’t miss out on this unique opportunity to own a slice of Texas paradise! Contact us today to schedule a viewing or for more information.

Investor Tools

Property Icon
$223,141
Estimated Property Value
$64,730Estimated Mortgage Balance
$158,512Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$288,851
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,339 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,188
$223,141
2025
$180,977
$42,164
$223,141
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,188
$223,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Unknown
$66,400
No
First
Nov 22, 2024
Nov 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,730
$158,411
70%
29%
$399/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.

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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: Somerville

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400 Live Oak Cir | Property Details | No Agent List