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$284,000

NAL Estimated Property Value

5558 Fm 1361, Somerville, TX, 77879

$352,660 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,458 Sq Ft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

About this property

Hard to find unrestricted 3.9+/- acre tract located on highly sought after FM-1361 ("Baker Highway"). This parcel features gently rolling topography with a great mixture of wooded and open areas, ready to make your own. Still plenty private enough to choose a build site, but with enough cleared areas that you can still easily walk the property and explore. Easy access to shopping and gamedays in Bryan/College Station or the recreation of Lake Somerville. Lots of opportunities whether you're looking for a full-time residence, a recreational retreat or an investment opportunity. Electricity at the road, will need a water well if a Buyer chooses to put a structure on the property. Survey on file. Approximately: 95 miles to Houston 98 miles to Austin 23 miles to College Station 8 miles to Snook 7 miles to Welch Park at Lake Somerville

Investor Tools

Property Icon
$284,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$352,659
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$104,308
2025
N/A
$104,308
$104,308
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$104,308

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
100%
0%
$0/mo

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.

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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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5558 Fm 1361 | Property Details | No Agent List