This exceptionally built, single-story residence was completed in
2020, rests on a one acre + beautiful treed corner lot within the
established Somerset Ranch subdivision. Offering the privacy and
space of country living with no HOA. Enjoy proximity to top-rated
Georgetown ISD schools. A Stunning circular driveway plus
additional 3 car garage driveway provides plenty of space for your
guests. Inside, the bright, open floor plan is anchored by a large
kitchen built for entertaining. This space boasts a generous island
with light countertops, stainless-steel appliances, WIFI double
ovens, and abundant cabinetry. Elegant beams in ceilings rise above
the living room, where a sleek, modern fireplace creates a stunning
focal point. Floor to ceiling glass windows bring the beauty into
the home. Beautiful hardwood tile-style flooring runs continuously
through the main living areas, ensuring a highly sophisticated
aesthetic. The primary suite is a spacious elegant private retreat
boasting high ceilings, a large walk-in closet, and a private
bathroom with marble, dual vanity sinks, multi shower heads, and
oversized soaking tub. 3 additional well-appointed bedrooms each
provide walk-in closets plus additional bathrooms. For
professionals, the layout provides two distinct workspaces: a
versatile home office or possible extra bedroom and a separate
study or dining area. Energy efficiency is a major highlight,
keeping utility costs consistently low year-round. The property
features premium spray foam insulation throughout the entire home,
three-car garage. Outside, a covered back patio w/outdoor kitchen,
grill, wood burning fireplace overlooks the large, double fenced
backyard, separate firepit area creating an ideal setting for
relaxing. RV/30 AMP. Space for shop/casita/pool. Available
for: Assumable Non VA Loan Assumption @ 2.875% interest rate.
(Yes, you don't have to be a VA to assume this mortgage!)
Call for details.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Other Structures: Outdoor Kitchen, RV/Boat Storage
Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Low-Emissivity Windows, Screens
Construction Materials: Spray Foam Insulation, Stone, Stucco, Masonry – All Sides
Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch
Pool Features: None
Lot Features: Back Yard, Corner Lot, Front Yard, Interior Lot, Landscaped, Level, Sprinklers In Rear, Sprinklers In Front, Wooded, Many Trees, Sprinkler - Automatic, Sprinkler - Rain Sensor, Sprinklers On Side
Lot Size Area: 43952.04
Lot Size Units: Square Feet
Lot Size Acres: 1.009
Lot Size Square Feet: 43952.04
Lot Size Dimensions: 178x248
Water Source: Public
Financial Details
Tax Map Number: 11
Tax Assessed Value: $808,103
Tax Annual Amount: $12,169
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Exhaust Fan
Heating Type: Central, ENERGY STAR Qualified Equipment, Exhaust Fan, Fireplace(s), Propane
Sewer : Aerobic Septic
Building Info
Overview
General
Year Built:
2019
Effective Year Built:
2019
Building Count:
1
Bedroom Count:
4
Bathroom Count:
4
Full Bathrooms:
3
Partial Bathrooms:
4
Building Condition:
0
Building Quality:
0
Construction Type:
0
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
3
Roof Shape Type:
0
Roof Cover Type:
0
Floor Count:
100
Floor Cover:
13
Basement Type:
0
Basement Area:
0
Garage Type:
7
Garage Square Area:
729
Parking Space Count:
3
Patio Type:
0
Porch Type:
7
Pool Type:
0
Dimensions
Lot Size Square Feet:
43,952
Total Building Area:
2,786
Gross Building Area:
2,786
Building Area:
2,786
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
2,786
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
SOMERSET RANCH
Land Acres:
0000001009
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
S11451 - SOMERSET RANCH, BLOCK A, LOT 11, ACRES 1.009
Neighborhood
School District Name:
Georgetown Independent School District
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