Last 24 Hours
$79,500
571 Railroad Road, Somerville, TX, 77879
On Market
Just Added
— Beds
— Bath
1,105 Sq FtAbout this property
Own 1.69 acres in city limits on this build-ready lot featuring mature trees and dense wooded borders for privacy. This unrestricted property welcomes custom builds or mobile homes and has direct access to city utilities, with established homes already on both sides. Former homesite improvements are present; however, city water meter location is to be confirmed by the buyer. Enjoy convenient access to Lake Somerville, with the Welch Park entrance only a short drive away. Survey available.
Investor Tools
$0Estimated Mortgage Balance
$171,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,026 /month
Positive
Cash Flow Estimate:
$342 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$114,948
2025
N/A
$114,948
$114,948
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$114,948
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,000
100%
0%
$0/mo
12.4%