string(19) "houstonarea.har.com" 505 Oak Drive, Somerville, TX 77879 - HAR.com LoopMe

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24,000 Lot Sqft.
Lots
7 Day(s) on HAR.com
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General Description

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This property consist of two metal buildings one has concrete under structure half way through. The other is a 4X6 storage for yard tools. The third building is insulted with lots of shelving inside with a carport on the front and a wood working shop on the back. The main driveway is asphalted with a 4 car carport. The entire .551 acres are fenced in with a chain link fence with 3 gates. The second driveway that leads to the bigger building is crushed rock coved. This property has a lot to offer as it does have electricity, water, and septic already on property. The Mobile home on property is considered personal property and it will convey with the property. It does need a lot of work as it has been unlevel for a while and it does have cracks in ceiling and walls. Under the mobile home is a concrete slab but, some of the concrete needs to fixed as it has shifted and cracked.

MLS#:
14921115 (HAR)
Sold Price Range:
$60,001 - $70,000
Listing Status:
Sold
Address:
505 Oak Drive
City:
Somerville
State:
TX
Zip Code:
County:
Subdivision:
Marshall Oaks
Legal Description:
S2514 MARSHALL OAKS BLK C LOT 1/8 & 10 .551 ACRES S# GDVKMS3
Property Type:
Lots
Lot Size:
24,000 Sqft. /Appraisal District


Rooms/Lot Dimensions

Lot Dim (F):
201
Lot Dim (B):
200
Lot Dim (L):
120
Lot Dim (R):
120



Exterior Features

Lot Description:
Subdivision
Water Sewer:
Public Water, Septic Tank
Cable:
Available
Phone:
Available
Electric:
Electric Available
Gas:
Availability Unknown
Road Surface:
Gravel
Unit Location:
Subdivision
Area Pool:
No


Additional Information

List Type:
Exclusive Right to Sell/Lease
HOA Mandatory:
No
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Financing Considered:
Cash Sale, Conventional
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$870/2022
Tax Rate:
1.6221


Selling Agent and Brokerage

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Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $-- $60,029 -5.77% $58,974 10.00%
2022 $-- $63,708 9.88% $53,613 10.00%
2021 $-- $57,979 -4.02% $48,739 10.00%
2020 $-- $60,406 -0.44% $44,308 10.00%
2019 $-- $60,675 11.73% $40,280 10.00%
2018 $-- $54,306 36.58% $36,618 -7.90%
2017 $-- $39,760 31.40% $39,760 31.40%
2016 $-- $30,259 -0.22% $30,259 -0.22%
2015 $-- $30,327 0.00% $30,327 1.00%
2014 $-- $30,327 0.00% $30,027 -0.99%
2013 $-- $30,327 22.21% $30,327 22.21%
2012 $-- $24,815 $24,815
2023 Burleson County Appraisal District Tax Value
Market Land Value: $9,600
Market Improvement Value: $50,429
Total Market Value: $60,029
burleson County Appraisal District
2023 Tax Rates
BURLESON COUNTY: 0.4050 %
MEMORIAL HOSP: 0.0460 %
COUNTY ROAD: 0.0750 %
SOMERVILLE ISD: 0.8567 %
Total Tax Rate: 1.3827 %

Estimated Mortgage/Tax

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$307 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 239
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 68
Home Owners Insurance Get a Quote
$
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Years
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$

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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Somerville Elementary School Elementary . EE - 04 . SOMERVILLE ISD
|
Somerville High School Middle . 08 - 12 . SOMERVILLE ISD
Good |
Somerville High School High . 08 - 12 . SOMERVILLE ISD
Good |

View Nearby Schools

505 Oak Drive Somerville TX 77879 was recently sold. It is a 0.55 Acre(s) Lot, in Marshall Oaks.

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