855 County Road 427SomervilleTX77879
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Somerville at 855 County Road 427, Somerville, TX, 77879 listed at $874,999 pairs $4,118/mo rent with a $4,283/mo payment. Total monthly income runs $4,118/mo. Return on cash invested measures 11.29% in year one, and rental yield registers 5.65% at a $874,999 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 57.8% and total cumulative return in cash totals $166,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,118/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
8.27 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77879, Somerville, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,310
Single Family
2,310
Multi-Family
0
Businesses
135
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-01 | Price change | $874,999 |
| 2024-03-17 | Price change | $899,999 |
| 2024-01-15 | Price change | $914,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $333.28 | -32.27% | $279,061 | 23.74% |
| 2022-10-15 | $492.10 | -80.20% | $225,528 | 46.80% |
| 2021-10-15 | $2485.35 | N/A | $153,627 | 1.32% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2019
- Architectural Style: Traditional
- Building Area: 3,240
- Living Area: 3,240 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric
- Cooling: Electric, Ceiling Fan(s)
- Flooring: Carpet, Tile, Vinyl
- Interior Features: Crown Molding, High Ceilings, All Bedrooms Up, Primary Bed - 1st Floor
- Exterior Features: Outdoor Kitchen
- Parking Features: Attached Carport
Location
- City: Somerville
- State: TX
- Subdivision: A0035-Lastley J
- Lot Size: 8.27 Acres
- Lot Features: Cleared, Back Yard, 5 Up to 10 Acres
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Aerobic Septic
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: Somerville Elementary School
- Middle School: Somerville Intermediate
- High School: Somerville High School
Listed by: Wyman Farr • RE/MAX Integrity II
Mls Name: HAR
Mls Provider:
Mls ID: #93286349
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