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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

Learn About the Market: Opportunity in Texas

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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.

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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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895 Lakeview Dr | Property Details | No Agent List