310 Sweet Gum Ln - Residential Income FOR SALE


Somerville, TX 77879
$349,900 USD
281-808-1166
310 Sweet Gum Ln, Somerville, TX for Sale
$349,900 USD
Residential Income - FOR SALE
1/19
null | Request Cap Rate

310 Sweet Gum Ln
Somerville, TX 77879


HIGHLIGHTS

  • One of two fully furnished residences comprising Birch Creek Forest
  • Approximately 1,100 SF newer-construction home
  • Three-bedroom, two-bathroom layout comfortably accommodating up to eight guests
  • Fully furnished and ready for continued rental or personal use
  • Well suited and ready for continued rental or personal use
  • Well suited for vacation, mid-term, or long-term rental strategies

OVERVIEW

This exceptional Lake Somerville portfolio presents a rare opportunity to acquire four recently constructed homes in one of Central Texas’ most desirable recreational markets. Available individually, in select groupings, or as an entire portfolio, the offering provides investors with multiple acquisition strategies while benefitting from established rental operations and immediate income potential. Designed to accommodate a variety of investment objectives, the properties are well-positioned for short-term vacation rentals, mid-term corporate or workforce housing, traditional long-term leasing, or personal lake-home ownership. Each residence is turnkey, professionally furnished, and located just minutes from Lake Somerville, offering broad appeal to vacationers, retirees, second-home buyers, and investors alike. The portfolio consists of four newer-construction homes totaling approximately $1.31M in combined asking price, including: Birch Creek Estates 205 Cedar Road – 2 bedrooms, 1 bathroom, ±980 SF 306 Mistletoe Lane – 3 bedrooms, 2 bathrooms, ±1,280-1,300 SF Birch Creek Forest 308 Sweet Gum Lane – 3 bedrooms, 2 bathrooms, ±1,200-1,300 SF 310 Sweet Gum Lane – 3 bedrooms, 2 bathrooms, ±9,600 SF Seller is open to multiple transaction structures, including the purchase of individual homes, the Sweet Gum properties as a paired investment, a three-property package, or acquisition of the complete portfolio. Furnishings may also be included as part of a negotiated transaction, creating a seamless, turnkey investment opportunity. With proven rental infrastructure already in place, flexible exit strategies, and strong demand drivers supported by Lake Somerville’s recreational market, this offering represents an attractive opportunity for investors seeking immediate cash flow, long-term appreciation potential, operational flexibility.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$318 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Somerville - Birch Creek Forest

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

23153

ASK ABOUT THIS PROPERTY

Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

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Joel C. EnglishTexas CRES LLCMore Info
281-808-1166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.