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$424,000

NAL Estimated Property Value

7713 Fm 1361, Somerville, TX, 77879

Off MarketInfo
Baths0 Bath
Baths1,500 Sq Ft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.47 acres

Building Information

Year Built2023

Land Information

APNR29629
Land UseResidential
Legal DescriptionA0260 YBARBO J 1.473 ACRES
Census Tract970400
Assessed Land Value$105,745
Assessed Improvement Value$176,805
Assessment Year2025

About this property

2+ acre lot only 20 miles from TAMU! Located right off of FM 1361, this acreage has all of the utilities ready to go. Two electric meters, two septic tanks, and a water well are in place on the property. There is an old home on the property that can be fixed up or torn down, property is being sold as-is! Nice trees and woods, fully fenced around the property. Nice, big properties surround the acreage. Snook ISD. Don’t miss out on this unique lot just minutes from town.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,045
$282,550
2025
$105,745
$176,805
$282,550
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,045
$282,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$386,000
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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7713 Fm 1361 | Property Details | No Agent List