$240,990
1607 Somerville Drive, Blue Ridge, TX, 75424
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
Exterior
Lot Size4,792 sqft
Building Information
Garage Spaces2
Land Information
APNR-13364-00S-0040-W
Lot Number4
SubdivisionCreekside Ranch
Land UseVacant Residential Lots Out Of City Under 5 A
Legal DescriptionCREEKSIDE RANCH PHASE 2 (GCN), BLK S, LOT 4; * (SEE R-13364-00S-0040-1 FOR OTHER ENTITIES) *
Census Tract030101
Assessed Land Value$20,000
Assessment Year2026
About this property
New Construction by DR Horton. Caprock Plan - This beautiful 1 story home offers an open layout with 3 Bedrooms, 2 Bathrooms, 2 Car Garage. Energy efficient, and smart home features included.
Investor Tools
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$650/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$150
$20,000
2026
$20,000
N/A
$20,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$150
$20,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo
