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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somerville at 10040 Fm 1361, Somerville, TX, 77879 listed at $547,500 pairs $2,442/mo rent with a $2,680/mo payment. Total monthly income runs $2,442/mo. Return on cash invested measures 10.39% in year one, and rental yield registers 5.35% at a $547,500 basis. Equity gained on principal adds $3,533/yr, and annual property appreciation at 5% supports $151,264 by year five. Five-year ROI tracks 52.99% and total cumulative return in cash totals $95,441. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,442/mo property income relative to a $2,680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
9.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,528 (100%) |
| Owner Occupied HU | 2,029 (57.5%) |
| Renter Occupied HU | 428 (12.1%) |
| Vacant Housing Units | 1,071 (30.4%) |
| Median Home Value | $146,744 |
| Average Home Value | $243,677 |
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listed for sale | $547,500 |
| 2022-11-17 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-04 | $3011.70 | 146.58% | $202,944 | 190.09% |
| 2022-06-04 | $1221.40 | -47.78% | $69,960 | -40.88% |
| 2021-06-04 | $2339.12 | N/A | $118,335 | N/A |
Listed by: Lindi Braddock • Coldwell Banker Properties Unlimited
Mls Name: HAR
Mls Provider:
Mls ID: #30739830
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