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$269,900

895 Lakeview Dr, Somerville, TX, 77879

Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths1,264 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.53 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size43,516 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APNR26497
Land UseResidential
Legal DescriptionS2516 LAKE VIEW NORTH LOT 1/PT 193,, .999 ACRES
Census Tract970501
Assessed Land Value$51,696
Assessed Improvement Value$178,126
Assessment Year2025

About this property

Discover the perfect blend of comfort and convenience at 895 Lakeview Drive in Somerville. This charming 2-bedroom home offers a spacious layout along with a huge double-door garage, providing plenty of room for vehicles, storage, workshop space, or recreational equipment. Located just minutes from Lake Somerville, you’ll enjoy quick access to boating, fishing, camping, and outdoor activities while still having the peace and privacy of country living. With no HOA restrictions, this property presents an excellent opportunity for a full-time residence, weekend retreat, or investment property in desirable Burleson County.

Investor Tools

$217,822Estimated Mortgage Balance
$49,178Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$909
$229,822
2025
$51,696
$178,126
$229,822
No

Tax History

Year
Tax Paid
Assessed Value
2025
$909
$229,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$222,750
No
First
Mar 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,822
$49,178
18%
82%
$1,336/mo

City: Somerville

895 Lakeview Dr | Property Details | No Agent List