16077 State Highway 36 S · Somerville, TX 77879

$115,000

3 bd · 1.0 ba · 916 sqft · SingleFamily public records · 32 Days on market

Built 1979 0.25 ac lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.2/30.0
• ARV discount +7.5/15.0
• DSCR +7.1/10.0
• 1% rule +5.7/10.0
• Appreciation +5.6/10.0
• Livability +3.2/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This 3 bed 1 bath home sits on the edge of Somerville on a 0.25acre lot that offers room for a massive backyard or even the potential of being split into two lots with the back lot of having road frontage to Fleming St! This home has been freshly cleaned and is 100% move in ready. All plumbing was recently completely redone. For those interested in purchasing this home as a rental, it was previously leased for $975/month and had multiple inquiries from potential renters offering to pay more. (This home is only for sale; it is not available for rent. )

Key facts

• Massive backyard
• 0.25 acre lot
• Built 1979

Tags

• MASSIVE BACKYARD
• ROAD FRONTAGE TO FLEMING ST

Property features AI

Exterior

• Parking: No designated parking
• Utilities: Public water; Public sewer; Water and sewer available
• Home design: Single-family residence; One story
• Construction: Residential construction
• Exterior features: Approximately 0.26-acre lot; Located in the Paul Taylor Subdivision; Directions: Going north on 36, home will be on the right as you're leaving Somerville; if coming from Caldwell, it'll be on the left as you're entering Somerville.

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: No central heating; Ceiling fans for cooling; Window air conditioning units
• Interior features: Ceiling fans
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $188 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $112k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#703 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D+, schools F, amenities F.
• Somerville ISD (rural): math 36% / reading 29% proficiency, ranked #579 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 222 active listings in the ZIP; 44 units permitted in Burleson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($795 loan paydown + $1k appreciation (1.2% local appreciation)).
• At projected returns (1.2% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($112k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 98% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $111,550 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 8.25%
• Cash-on-cash: 7.00%
• DSCR: 1.31
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.2%
• Equity multiple: 1.47×
• Total profit: $15,271
• Equity at exit: $40,487

10-year hold

• IRR: 13.0%
• Equity multiple: 2.61×
• Total profit: $51,762
• Equity at exit: $54,765

Cash invested: $32,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 77879

• Home prices YoY: 0.7%
• Active inventory: 222
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,226 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$130 /mo · $1,555/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $188

Break-even live

Break-even rent $988

Max offer price $115,000

Occupancy floor 80%

Sensitivity live

Price	-10% $253	-5% $220	+0% $188	+5% $155	+10% $123
Rent	-10% $91	-5% $139	+0% $188	+5% $236	+10% $285
Rate	-1.0pp $246	-0.5pp $217	base $188	+0.5pp $158	+1.0pp $128

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 38 events

1. 2026-06-21
   days on market $115,000 Active 32 DOM
2. 2026-06-19
   days on market $115,000 Active 30 DOM
3. 2026-06-18
   days on market $115,000 Active 29 DOM
4. 2026-06-17
   days on market $115,000 Active 28 DOM
5. 2026-06-16
   days on market $115,000 Active 27 DOM
6. 2026-06-15
   days on market $115,000 Active 26 DOM
7. 2026-06-14
   days on market $115,000 Active 24 DOM
8. 2026-06-12
   days on market $115,000 Active 23 DOM
9. 2026-06-09
   days on market $115,000 Active 20 DOM
10. 2026-06-08
    days on market $115,000 Active 19 DOM
11. 2026-06-07
    days on market $115,000 Active 18 DOM
12. 2026-06-05
    days on market $115,000 Active 15 DOM
13. 2026-06-03
    days on market $115,000 Active 14 DOM
14. 2026-06-02
    days on market $115,000 Active 13 DOM
15. 2026-06-01
    days on market $115,000 Active 12 DOM
16. 2026-05-31
    days on market $115,000 Active 11 DOM
17. 2026-05-30
    days on market $115,000 Active 10 DOM
18. 2026-05-20
    listed $115,000 Active
19. 2025-12-15
    historical
20. 2025-03-31
    listed $99,000 Active
21. 2025-03-28
    listed $99,000 Active
22. 2024-09-13
    historical
23. 2024-08-26
    price $95,000
24. 2024-08-26
    price $95,000
25. 2024-07-28
    price $96,000
26. 2024-07-27
    price $96,000
27. 2024-06-28
    price $97,000
28. 2024-05-09
    price $97,000
29. 2024-03-08
    listed $99,000 Active
30. 2024-01-09
    listed $99,000 Active
31. 2022-05-24
    soldstatus
32. 2022-05-23
    soldstatus
33. 2022-05-23
    soldstatus Sold
34. 2022-04-11
    status Pending
35. 2022-04-05
    listed $75,000
36. 2022-04-05
    listed $75,000 Active
37. 2014-02-07
    listed $49,900
38. 2007-10-30
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,555 · $130/mo
• Projected year-2 tax: $2,104 · $175/mo
• Expected delta: +$550/yr (+$46/mo · 35.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 98% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,708
• − Mortgage interest: −$6,442
• − Property taxes: −$1,555
• − Insurance: −$575
• − Repairs & maintenance: −$1,177
• − Management: −$1,177
• − Depreciation: −$3,345
• Taxable income: $438
• Est. tax owed @ 24.0%: −$105
• After-tax cash flow: $2,148/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Somerville ISD
• NCES district ID: 4840770
• Math proficiency: 36% ▲ 10.00%
• Reading proficiency: 29% ▬ 0.00%
• Median HH income: $42,453
• Composite: 27.59/100
• National rank: #6936
• State rank: #579 of 826 in TX

Livability — Somerville

• Score: 65/100
• State rank: #703
• US rank: #13147

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D+ Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Somerville, TX
• Population (ZIP): 4,775

Population outlook (Burleson County) Hauer SSP2

• Today (2025): 18,066 people
• By 2030: 18,174 · +0.6%
• By 2040: 18,198 · +0.7%
• By 2050: 18,110 · +0.2%
• By 2075: 18,166 · +0.6%
• By 2100: 16,949 · -6.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 59% Hispanic / Latino 23% Two or more races 15% Black 14% Native American 2%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 2% Slovak 2% Serbian 1%
• Foreign-born: 8% · Canada, Vietnam
• Languages at home: 84% English-only · Spanish 14% Vietnamese 1% Tagalog/Filipino 1%

Political lean MEDSL · Burleson

• 2024 margin: Solid R (+62.8) · D 18.2% · R 81.0%
• 2008→2024 swing: -25.4pp toward R · 2008: -37.4pp · 2024: -62.8pp
• All cycles: 2024: R+62.8 2020: R+57.6 2016: R+55.1 2012: R+46.0 2008: R+37.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.20%
• Current HPI: 178.3416
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+130.5% since first listed

21 events — show timeline

• 2026-05-20 Listed $115,000 BCSRMLS
• 2025-12-15 Listing Removed — HARMLS
• 2025-03-31 Listed $99,000 HARMLS
• 2025-03-28 Listed $99,000 BCSRMLS
• 2024-09-13 Listing Removed — HARMLS
• 2024-08-26 Price Changed $95,000 HARMLS
• 2024-08-26 Price Changed $95,000 BCSRMLS
• 2024-07-28 Price Changed $96,000 BCSRMLS
• 2024-07-27 Price Changed $96,000 HARMLS
• 2024-06-28 Price Changed $97,000 HARMLS
• 2024-05-09 Price Changed $97,000 BCSRMLS
• 2024-03-08 Listed $99,000 HARMLS
• 2024-01-09 Listed $99,000 BCSRMLS
• 2022-05-24 Sold (Public Records) — Public Records
• 2022-05-23 Sold (MLS) — HARMLS
• 2022-05-23 Sold (MLS) — BCSRMLS
• 2022-04-11 Pending — HARMLS
• 2022-04-05 Listed $75,000 HARMLS
• 2022-04-05 Listed $75,000 BCSRMLS
• 2014-02-07 Listed $49,900 BCSRMLS
• 2007-10-30 Sold (Public Records) — Public Records

Property tax history

+2.7%/yr

Latest (2025): $1,555 · -10.5% YoY. Source: county tax records.