$87,000
NAL Estimated Property Value701 Big Berry Rd, Somerville, TX, 77879
$88,389 ARV
Off Market
Highlights
Interior
Exterior
Lot Size26,981 sqft
Building Information
Year Built1980
Land Information
APNR25491
Lot Number282
Land UseResidential
Legal DescriptionS2507 ENCHANTED OAKS PARK LOT 282, .6194 ACRES SN# NO MH #
Census Tract970501
Assessed Land Value$53,168
Assessed Improvement Value$17,798
Assessment Year2025
About this property
Discover this hidden gem in Somerville, a spacious corner lot extending over half an acre near the lake. With the convenience of existing water, septic, and electrical connections, it lays the foundation for future plans of setting up another home, rv or fixing up the current home. It's a blank canvas waiting for your creative touch. This property's potential shines, offering you a budget-friendly opportunity to own a piece of lakeside living in Somerville. Don't hesitate to inquire and explore the possibilities.
Investor Tools
$87,000
Estimated Property Value
$0Estimated Mortgage Balance
$87,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$88,389
Rent-to-Value Ratio: 0.72%
Rent Estimate
$522 /month
Positive
Cash Flow Estimate:
$174 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,145
$70,966
2025
$53,168
$17,798
$70,966
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,145
$70,966
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$87,000
100%
0%
$0/mo
