$415,000

889 Lake Street 889A&B 890A&B Somerville, TX 77879

$4,928
Closing credit¹
0 beds
3,696 sqft
0.4 acres
$112 / sqft
Multi-Family

Property details

About 889 Lake Street 889A&B 890A&B

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!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,696 sqft
Lot size0.3856 Acres
Year built1982
ParkingOff Street
MLS #8512106

Summary

  • MLS Number: 8512106
  • MLS Name: ACTRIS
  • Office Name: Elite Texas Properties
  • Office Phone: (936) 661-8780
  • Listing Agent: Ryan Ohendalski

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/15/2025, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring brick siding, a front yard, and fence

$415,000

889 Lake Street 889A&B 890A&B

$4,928

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Somerville Elementary School

Public District PK-4

0.3 mi

700 8th St

8

Burton Elementary School

Public District PK-6

11.2 mi

12504 E Cedar St

4

Snook Elementary School

Public District PK-5

11.5 mi

10110 FM 2155

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,780. Most Somerville, TX residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

51%
<35k
42%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 889 Lake Street 889A&B 890A&B in Somerville, TX and zip code 77879. This 3,696 square foot home, which was built in 1982, sits on a 0.39 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $415,000.

Over 0 listings were sold over their listed price in February 2025 in Somerville, TX. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. In February 2025 in Somerville, TX there were 13.2% more homes for sale than in January. In February 2025, listings were on the market for 134 days. During the same period, the median list price in this real estate market was $202,500.

From Rocket Homes Real Estate and based on county public records data.

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