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$350,000

1380 S Royal Oaks, Somerset, TX, 78069

$455,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds7 Beds
Baths5 Bath
Baths3,723 Sq Ft
price_per_sqft$94.01 / sqft
Year BuiltBuilt in 2017

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms 5Bathrooms 5
FlooringCeramic Tile, Vinyl, Wood

About this property

Start your next chapter in this enviable multi-family oasis, primely located between the neighborhoods of Somerset and Poteet. Nestled on 1.31 acres at the end of a quaint rural road, this property is ready to let you experience peaceful country living intertwined with modern convenience. On this sprawling estate, you'll discover three residences, each with allure and potential. The main house is a charming blue abode boasting three bedrooms and two bathrooms. Wander into the spacious backyard, where a grand gazebo stands proudly, ready to host endless gatherings under the Texas sky. With a little TLC, this haven could be transformed into a dreamy retreat for family and friends! Adjacent lies a quaint one-story tan house, ideal for in-law living or rental income. With two bedrooms plus an office space, it offers the promise of warm family gatherings and cherished memories. Though the electrical work remains unfinished, just imagine the possibilities that await! The third dwelling takes the form of a two-story gem offering two bedrooms and one bath. Outside, a beautifully crafted gazebo anchors the property, setting the stage for unforgettable gatherings in the open air. This property offers Airbnb potential, catering to guests visiting nearby attractions such as the Poteet Strawberry Farm and La Familia Ranch Events. The allure of hunting ranches and oil field contracts adds to the investment appeal, promising lucrative opportunities for savvy investors! This rural haven is mere minutes from essential amenities, including grocery stores and top-rated restaurants. With Somerset ISD's stellar reputation, families can rest assured of quality education for their children. Theres 3 septic tanks with each home having their own: the front homes - one has a 1500 gallon and the other 1000 gallon; and the back two storage has a 500 gallon.

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Somerset

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1380 S Royal Oaks | Property Details | No Agent List