You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Commercial real estate

7612 Sommerville Place Rd Fort Worth, TX 76135

Property ID
US82-1135813
Property summary
AI-generated overview

This exceptional 7612 Sommerville Place Rd property in Fort Worth, Texas, offers a unique opportunity to build your dream home. Priced at $399,900, this residential land boasts a prime location within walking distance of a lake, boat ramp, and park, providing unparalleled recreational access. The existing two-story contemporary home on the property is currently available for lease, offering a potential rental income stream while development plans are underway. The home itself features approximately 2000 square feet of living space, divided into two levels with separate private entrances. The lower level encompasses 1300 square feet, including two bedrooms, two full bathrooms, a living room, and a large kitchen. The upper level adds another 700 square feet with two more bedrooms, one bathroom, a living area, and a second kitchen. The property is fully fenced and includes a beautiful iron gate entrance and an additional storage building. A shared laundry room is conveniently located downstairs. The property is situated in the desirable Azle School District and enjoys proximity to shopping, Home Depot, and various restaurants within a two-mile radius. This is a rare opportunity to acquire lakefront land in a highly convenient location. Don't miss out on this chance to create your ideal home in a thriving community.

Property profile
Verified
Property type Commercial real estate
UPID US82-1135813
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message