Last 24 Hours
$10,000
NAL Estimated Property ValueTBD Water Oak St, Somerville, TX, 77879
Recently Sold
8/03/26
About this property
This 6000 sqft lot is situated at the corner of Parallel Rd and Water Oak St in the Somerville Place subdivision, which offers a community pool, pavilion, basketball court, playground and multiple parks with ponds for your enjoyment. Just 3 minutes from Big Creek (Lake Somerville) with boating ramps, jet ski rentals and a bait camp store! Electric is in the area. Will need a water meter and septic. Buyer to verify availability of all utilities. No survey. Please direct all questions regarding utilities and restrictions to the property directly to Somerville Place POA. There's a low annual POA fee of $65/lot.
Investor Tools
$10,000
Estimated Property Value
$0Estimated Mortgage Balance
$10,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$65/month
5.947%
12.4%