7612 Sommerville Place Rd Fort Worth, TX 76135
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.