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$85,000

NAL Estimated Property Value

510 Pine LOOP, Somerville, TX, 77879

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

About this property

Summer is approaching and Lake Somerville is calling! 510 Pine Loop is the destination for your summer retreat, located less than one mile from Birch Creek State Park and only steps from the community pool. The property is almost one acre of land, comprised of three adjoining lots, and is ready to become the lake home of your dreams with water, electric and septic recently installed. The underbrush has been cleared, leaving scattered trees for a peaceful aesthetic and the land gently slopes to a meandering creek along the rear boundary. There is a newer storage shed that can be finished out as an outdoor living space, laundry facility, or outdoor kitchen and is great for storing all of your lake toys. Backing up to greenspace and the community pool, as well as only minutes to Lake Somerville, this property is a recreational haven and a one-of-a-kind tract. Birch Creek Park Estates is a deed restricted community with an HOA, community water system and borders Birch Creek State Park. Lake Somerville covers 11,630 acres with 85 miles of shoreline, 10 islands, several swim beaches and is a popular year-round destination for fishing, boating and water enthusiasts.

Investor Tools

Property Icon
$85,000
Estimated Property Value
$0Estimated Mortgage Balance
$85,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$40/month
5.947%

City: Somerville

510 Pine LOOP | Property Details | No Agent List