889 & 890 Lake St Unit 889 A&B 890 A&B Somerville, TX 77879
Estimated payment $2,317/month
Highlights
- No HOA
- Central Heating and Cooling System
- Level Lot
- 1-Story Property
- Ceiling Fan
- Wood Siding
About This Home
Cash flowing investment property! Investors don't miss this one! This is a four unit deal. The property consists of two buildings, 889 & 890, both has two sides. 889 is made up of 2 1/1 units and 890 is 2 2/1 units. All four have been renovated. New kitchens, cabinets, bathrooms, paint, fixtures, all light fixtures and switches, all exterior has been repaired and painted, etc. This is truly a turn key investment. Market rent is between $825-$1,000, depending on unit mix and due to condition of property. Have had many calls asking to rent the units while it was being renovated. Owner managed themselves from ATX area for years with no issues, but can hire a property management company if needed as well, and it will still cash flow very well! Don't miss adding this one to your portfolio!
Last Listed By
Elite Texas Properties Brokerage Phone: 936-661-8780 License #0671135 Listed on: 03/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,960
Year Built
- Built in 1982 | Remodeled
Lot Details
- 0.39 Acre Lot
- Northwest Facing Home
- Level Lot
- Back Yard
Home Design
- Quadruplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Wood Siding
- HardiePlank Type
Interior Spaces
- 3,696 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Vinyl Flooring
- Washer and Electric Dryer Hookup
Kitchen
- Free-Standing Electric Oven
- Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 8 Parking Spaces
- Off-Street Parking
Schools
- Outside School District Elementary And Middle School
- Outside School District High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Camp Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 21769
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,960 | $410,001 | $43,168 | $366,833 |
| 2023 | $2,540 | $123,307 | $54,757 | $68,550 |
| 2022 | $2,835 | $123,307 | $22,004 | $101,303 |
| 2021 | $4,925 | $195,182 | $30,912 | $164,270 |
| 2020 | $2,572 | $101,500 | $29,400 | $72,100 |
| 2019 | $2,682 | $101,500 | $29,400 | $72,100 |
| 2018 | -- | $101,500 | $29,400 | $72,100 |
| 2017 | $2,521 | $97,159 | $25,200 | $71,959 |
| 2016 | $2,060 | $89,600 | $17,640 | $71,960 |
| 2015 | -- | $125,002 | $17,640 | $107,362 |
| 2014 | -- | $93,672 | $17,640 | $76,032 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $370,000 | -6.3% | $100 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $395,000 | -4.8% | $107 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $415,000 | -- | $112 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | Purchase Money Mortgage |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8512106
APN: 21769
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