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497 Blackberry Rd
B+ Composite 75.18
Why this score? — see what drove the B+ 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +9.3/15.0
  • Appreciation +5.6/10.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$95,000

497 Blackberry Rd · Lyons, TX 77879
2 bd · 1.0 ba · 870 sqft · Manufactured public records · 86 Days on market
Built 1982 0.57 ac lot $109/sqft · at area comps Est $99k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to your slice of country living at 497 Blackberry Road in Somerville, Texas! Situated on approximately 0.57 acres, this 2-bedroom, 1-bath home offers the perfect opportunity for a weekend retreat, rental investment, or full-time residence. Enjoy peace of mind with major utilities already in place—featuring an aerobic septic system, along with power and water infrastructure that are only about 3 years old. The manageable lot size provides plenty of room to relax, garden, or expand, while still being easy to maintain. Whether you're looking to be near Lake Somerville, searching for an affordable homestead, or wanting a property with solid bones to make your own, this one checks all the boxes. With a little personal touch, this property has great potential to truly shine. Don’t miss your chance to own a quiet piece of the country with essential improvements already done!

Key facts

  • 0.57 acres
  • Manageable lot size
  • Near lake somerville

Tags

0.57 ACRESAEROBIC SEPTIC SYSTEMPOWER AND WATER INFRASTRUCTUREMANAGEABLE LOT SIZENEAR LAKE SOMERVILLEESSENTIAL IMPROVEMENTS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $95k.

Deal economics

  • At list price, monthly cash flow is $794 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $95k).
  • Recommended offer: $89k (6.0% below list) — sets the bar for market timing.
  • Cap rate 16.3% vs local median 3.9% in Lyons — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • 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; 1 comparable units currently listed for rent nearby; 44 units permitted in Burleson County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($657 loan paydown + $1k appreciation (1.2% local appreciation)).
  • At projected returns (1.2% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 86 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 4y 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, 91% 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 $89,300 (6.0% below list)

Questions for the listing agent

  1. It's been on market 86 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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
1.89%
Cap rate
16.33%
Cash-on-cash
35.83%
DSCR
2.59
GRM
4.4

CMA / ARV

ARV (median comp)
$99,000
List price
$95,000
Delta
-4.04%
Verdict
FAIR
Comps
3 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
504 Wilderness Rd 0.47mi 2/2.0 840 (-3%) 2mo $99,000 $118 67

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
38.6%
Equity multiple
3.00×
Total profit
$53,328
Equity at exit
$33,445
10-year hold
IRR
40.5%
Equity multiple
5.91×
Total profit
$130,640
Equity at exit
$45,241

Cash invested: $26,600 (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.

ZIP-level market 77879

Home prices YoY
0.7%
Active inventory
222
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,800 medium interval (Pro) →
Mortgage (P&I)
$498
Tax from tax record
$90 /mo · $1,079/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$378
Net cashflow
$794

Break-even live

Break-even rent $795
Max offer price $95,000
Occupancy floor 51%

Sensitivity live

Price -10% $848 -5% $821 +0% $794 +5% $767 +10% $741
Rent -10% $652 -5% $723 +0% $794 +5% $865 +10% $936
Rate -1.0pp $842 -0.5pp $818 base $794 +0.5pp $770 +1.0pp $745

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
$23,750
Closing costs
$2,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
341 Little Berry Rd Somerville, TX 2.0 2.0 864 $1,800 $2.08 44d 1 0.38mi

Listing history 42 events

  1. 2026-06-21
    days on market $95,000 Active 86 DOM
  2. 2026-06-19
    days on market $95,000 Active 84 DOM
  3. 2026-06-18
    days on market $95,000 Active 83 DOM
  4. 2026-06-17
    days on market $95,000 Active 82 DOM
  5. 2026-06-16
    days on market $95,000 Active 81 DOM
  6. 2026-06-15
    days on market $95,000 Active 80 DOM
  7. 2026-06-14
    days on market $95,000 Active 78 DOM
  8. 2026-06-12
    days on market $95,000 Active 77 DOM
  9. 2026-06-09
    days on market $95,000 Active 74 DOM
  10. 2026-06-08
    days on market $95,000 Active 73 DOM
  11. 2026-06-07
    days on market $95,000 Active 72 DOM
  12. 2026-06-05
    days on market $95,000 Active 69 DOM
  13. 2026-06-03
    days on market $95,000 Active 68 DOM
  14. 2026-06-02
    days on market $95,000 Active 67 DOM
  15. 2026-06-01
    days on market $95,000 Active 66 DOM
  16. 2026-05-31
    days on market $95,000 Active 65 DOM
  17. 2026-05-30
    days on market $95,000 Active 64 DOM
  18. 2026-05-01
    price $95,000 900-char remark
    Show marketing remark (900 chars)

    Welcome to your slice of country living at 497 Blackberry Road in Somerville, Texas! Situated on approximately 0.57 acres, this 2-bedroom, 1-bath home offers the perfect opportunity for a weekend retreat, rental investment, or full-time residence. Enjoy peace of mind with major utilities already in place—featuring an aerobic septic system, along with power and water infrastructure that are only about 3 years old. The manageable lot size provides plenty of room to relax, garden, or expand, while still being easy to maintain. Whether you're looking to be near Lake Somerville, searching for an affordable homestead, or wanting a property with solid bones to make your own, this one checks all the boxes. With a little personal touch, this property has great potential to truly shine. Don’t miss your chance to own a quiet piece of the country with essential improvements already done!

  19. 2026-03-27
    listed $99,000 Active 900-char remark
    Show marketing remark (900 chars)

    Welcome to your slice of country living at 497 Blackberry Road in Somerville, Texas! Situated on approximately 0.57 acres, this 2-bedroom, 1-bath home offers the perfect opportunity for a weekend retreat, rental investment, or full-time residence. Enjoy peace of mind with major utilities already in place—featuring an aerobic septic system, along with power and water infrastructure that are only about 3 years old. The manageable lot size provides plenty of room to relax, garden, or expand, while still being easy to maintain. Whether you're looking to be near Lake Somerville, searching for an affordable homestead, or wanting a property with solid bones to make your own, this one checks all the boxes. With a little personal touch, this property has great potential to truly shine. Don’t miss your chance to own a quiet piece of the country with essential improvements already done!

  20. 2023-09-05
    soldstatus $90,000
  21. 2023-09-01
    soldstatus Closed 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  22. 2023-09-01
    soldstatus Sold
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  23. 2023-08-13
    status Pending
  24. 2023-08-02
    historical Active Under Contract 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  25. 2023-08-02
    status Option Pending
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  26. 2023-07-13
    price $98,000
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  27. 2023-07-13
    price $98,000 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  28. 2023-06-26
    price $108,000
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  29. 2023-06-26
    price $108,000 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  30. 2023-06-15
    price $113,000
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  31. 2023-06-15
    price $113,000 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  32. 2023-05-25
    price $114,000
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  33. 2023-05-25
    price $114,000 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  34. 2023-05-20
    listed $115,000 Active 508-char remark
    Show marketing remark (508 chars)

    2 bed-1 bath home in Enchanted Oaks. Cleared Lot 0.57 acres. New Aerobic Septic Tank, New Metal Roof, New Electric Pole (Bluebonnet), New Water Tap (H. D. U Services), and New Driveway. The home has been renovated with new siding, new floors, a new toilet, and washer & dryer hookups. No HOA fee, Low taxes, and No known Restrictions. The property is vacant. Agent/Owner please call or text to schedule showings. Entertaining all offers. Come and view it and check out all that Somerville has to offer.

  35. 2023-04-14
    listed $115,000 Active
  36. 2023-04-10
    historical $115,000
  37. 2023-04-06
    soldstatus
  38. 2023-01-12
    historical
  39. 2022-11-17
    listed Active
  40. 2022-11-14
    listed $70,000 Active
  41. 2021-10-22
    soldstatus
  42. 2003-07-02
    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
$1,079 · $90/mo
Projected year-2 tax
$1,738 · $145/mo
Expected delta
+$659/yr (+$55/mo · 61.1%)

ⓘ 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 4/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 91% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,600
− Mortgage interest
−$5,321
− Property taxes
−$1,079
− Insurance
−$475
− Repairs & maintenance
−$1,728
− Management
−$1,728
− Depreciation
−$2,764
Taxable income
$8,505
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,041
After-tax cash flow
$7,490/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 — Lyons

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

City population
370
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

Price history

+35.7% since first listed
25 events — show timeline
  • 2026-05-01 Price Changed $95,000 BCSRMLS
  • 2026-03-27 Listed $99,000 BCSRMLS
  • 2023-09-05 Sold (Public Records) $90,000 Public Records
  • 2023-09-01 Sold (MLS) HARMLS
  • 2023-09-01 Sold (MLS) Unlock MLS
  • 2023-08-13 Pending HARMLS
  • 2023-08-02 Contingent Unlock MLS
  • 2023-08-02 Pending HARMLS
  • 2023-07-13 Price Changed $98,000 HARMLS
  • 2023-07-13 Price Changed $98,000 Unlock MLS
  • 2023-06-26 Price Changed $108,000 HARMLS
  • 2023-06-26 Price Changed $108,000 Unlock MLS
  • 2023-06-15 Price Changed $113,000 HARMLS
  • 2023-06-15 Price Changed $113,000 Unlock MLS
  • 2023-05-25 Price Changed $114,000 HARMLS
  • 2023-05-25 Price Changed $114,000 Unlock MLS
  • 2023-05-20 Listed $115,000 Unlock MLS
  • 2023-04-14 Listed $115,000 HARMLS
  • 2023-04-10 Coming Soon $115,000 HARMLS
  • 2023-04-06 Sold (Public Records) Public Records
  • 2023-01-12 Listing Removed HARMLS
  • 2022-11-17 Listed Unlock MLS
  • 2022-11-14 Listed $70,000 HARMLS
  • 2021-10-22 Sold (Public Records) Public Records
  • 2003-07-02 Sold (Public Records) Public Records

Property tax history

+14.9%/yr

Latest (2025): $1,079 · +31.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…