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$275,000

64 Somerset Ter, Bedford, TX, 76022

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.76 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size8,398 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN40470-5-49
Lot Number49
SubdivisionStonegate Addition-Bedford
Land UseResidential
Legal DescriptionSTONEGATE ADDITION-BEDFORD BLOCK 5 LOT 49
Census Tract113607
Assessed Land Value$65,000
Assessed Improvement Value$201,875
Assessment Year2025

About this property

Welcome to 64 Somerset Terrace, a beautifully updated 3-bedroom, 2-bathroom home that is perfect for a small family looking for comfort, space, and a great neighborhood. This inviting home features wood-look tile flooring throughout, giving you the beautiful look of hardwood with the durability and easy maintenance of tile. The home has been thoughtfully updated with a modern kitchen and updated bathrooms, creating a fresh, clean, and move-in-ready feel. The spacious living areas provide plenty of room for relaxing and entertaining, while the comfortable bedrooms offer a great retreat for the whole family. Step outside to the huge backyard, one of the standout features of this property. The backyard includes a large deck ready for BBQs, entertaining, and family gatherings, along with a storage shed for tools, lawn equipment, bikes, and extra storage. Located in a safe, established, family-friendly neighborhood with great schools, this home is also conveniently located near shopping, dining, parks, and major highways. With its updates, spacious backyard, outdoor entertaining space, and desirable location, 64 Somerset Terrace is a wonderful place to call home and a must-see!

Investor Tools

$73,737Estimated Mortgage Balance
$212,263Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

Interested in this property?

TIFFANY Sommer

VIP Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,387
$266,875
2025
$65,000
$201,875
$266,875
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,387
$266,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank America Fsb
Conventional
$84,390
No
First
Mar 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,737
$212,263
74%
26%
$506/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$506/mo
+$1,494/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Bedford

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