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$35,000

NAL Estimated Property Value

TBD James Craft Road James Craft RD, Somerville, TX, 77879

Off MarketInfo
Baths0 Bath

About this property

Somerville Lake- Lots! (5) beautiful combined lots totaling approximately 0.7 +/- acres located near Lake Somerville. Enjoy lake days and a relaxed neighborhood setting within Somerville Place, a community offering a pool, park, and community pavilion. Utilities are not currently on site; however, community providers in the area include Undine Water and Bluebonnet Electric. The property is conveniently located approximately 3.8 miles from Big Creek Marina, providing access to a boat ramp, convenience store, camping, hiking trails, fishing, and all that Lake Somerville has to offer. Whether you’re planning to build, invest, or secure a low-maintenance getaway near the lake, these lots offer flexibility, community amenities, and an excellent location close to outdoor recreation.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$90/month
5.947%

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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TBD James Craft Road James Craft RD | Property Details | No Agent List