$219,900
460 7th Street, Somerville, TX, 77879
$240,413 ARV
On Market
Property Lead Type:
Must-SellHigh Equity
Highlights
Interior
Exterior
Lot Size7,945 sqft
Building Information
Year Built1920
Garage Spaces2
Land Information
APNR22056
Lot Number1
Land UseResidential Single Family
Legal DescriptionS2428 JRL #2 BLK 3 LOT 1, .1824 ACRES
Census Tract970502
Assessed Land Value$39,010
Assessed Improvement Value$188,155
Assessment Year2026
About this property
Charming 3-4 bedroom house on a corner lot in downtown Somerville. 1 mile from Lake Somerville & Welch State Park and close to schools. Attached garage, carport, and two living spaces, and privacy fenced backyard. Only 35 minutes to Bryan/College Station and 25 minutes to Brenham. A great opportunity for a weekend place, full-time residence or investment property, offering convenience, easy access to amenities, and comfortable living.
Investor Tools
$80,535Estimated Mortgage Balance
$146,630Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$240,412
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,363 /month
Positive
Cash Flow Estimate:
$454 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,588
$227,165
2026
$39,010
$188,155
$227,165
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,588
$227,165
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$97,108
Yes
First
Jun 13, 2018
Jul 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,535
$146,630
64%
35%
$583/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$583/mo
+$917/mo
7.9%
