tomo logo

$99,000

Beds
3
Baths
1.0
sq ft
916

16077 State Highway 36 S, Somerville, TX 77879

16077 State Highway 36 S

Somerville, TX 77879

  • 7 days on market
3 bed 1 bath home in Somerville located close to Lake Somerville on a large quarter-acre lot. Rented to long term tenants til July 2026 (rented for $865/month til July 2025 and rent increases to $975 til July 2026). Roof is 5 years old, and has a new water heater. This lot is a quarter-acre and can likely be split into two lots for future investments. Tenant pays all utilities and maintains the lawn.

Details

Property type

Single Family Residence

Est. home value

$123,744

Lot size

0.26 acres

Price per sq ft

$109

Year built

1979

HOA

No

Price History

03/28/2025
Bryan

Bryan #25003884

Listed
$99,000
09/19/2024
Bryan

Bryan #24000115

Removed
08/26/2024
Bryan

Bryan #24000115

Price change
$95,000
-1.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

,

High school: 

Unknown

High school district: 

Somerville

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First National Bank Of Central Tx

Loan start date

May 2022

Original loan amount

$68,000

Est. remaining balance

Not provided

Interest rate

4.67%

Loan type

Commercial

Seller

Jac Brazos Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 5:30 AM

Listing updated: 03/28/2025 at 11:40 AM

Listed by: Brittany Williams, eXp Realty LLC Phone #: (888) 519-7431

MLS: Bryan #25003884

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