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$135,000

406 E Lois Ln, Somerville, TX, 77879

$175,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
price_per_sqft$86.54 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size32,065 sqft

Building Information

Year Built2006

Land Information

APNR26027
Lot Number133
Land UseResidential
Legal DescriptionS2513 H&G (POST OAK HILL) LOT 133, .7361 ACRES SN# TXFL684A22547AV11 HUD# PFS0964823
Census Tract970501
Assessed Land Value$58,097
Assessed Improvement Value$136,266
Assessment Year2025

About this property

Endless possibilities await with this unique property offering 1.51 acres and a 3-bedroom, 2-bath manufactured home. The home is in need of repairs, making it an excellent opportunity for investors, flippers, or buyers looking to create their own country retreat. Also included on the property are a cabin and a storage shed. The cabin requires significant renovation but has the potential. Adding even more value is an adjacent 1.2-acre fully wooded lot that is available to purchase with the property or may be sold separately, giving buyers added flexibility. Keep the extra acreage for additional privacy, future development, or investment potential. Located just minutes from Lake Somerville, this property offers easy access to boating, fishing, camping, and outdoor recreation. Whether you're looking for a renovation project, investment opportunity, or acreage with room to grow, this property is full of potential. Being sold as-is.

Investor Tools

$0Estimated Mortgage Balance
$194,363Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$175,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,166 /month
Positive
Cash Flow Estimate:
$389 /month

Interested in this property?

Bruce Middleton

Oro Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,135
$194,363
2025
$58,097
$136,266
$194,363
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,135
$194,363

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,363
100%
0%
$0/mo

City: Somerville

406 E Lois Ln | Property Details | No Agent List