2 months on rocket

705 Somerset Commons Ln, Houston, TX, 77055

$1,149,500

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,290 SqFt
$349/SqFt
House

Location

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705 Somerset Commons Ln, Houston$1,149,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2016
HeatingCentral, Natural Gas, Zoned
CoolingCentral Air, Electric, Zoned
FireplaceElectric
MLS #91229300
Lot Size0.08 Acres
StatusActive

About 705 Somerset Commons Ln

Welcome to this luxurious LAKEFRONT CORNER LOT in prestigious Somerset Green, offering a modern design with upscale finishes and an abundance of natural light throughout. With a spacious and open floor plan, its perfect for entertaining or relaxation. The gourmet kitchen features high-end appliances and a large island for casual dining. The property boasts well-appointed bedrooms and chic bathrooms on each floor, with a luxurious master suite on the top floor featuring a spa-like en-suite bathroom and a private terrace with stunning views. The property also comes equipped with an elevator serving all four floors. Plenty of custom built-ins and storage throughout. Control-4 system operates many of the smart features such as lighting, in-ceiling speakers, cameras, and alarms. Outside, the community offers resort-style amenities including a pool, water features, a manned gated entrance clubhouse, and pristine landscaping, providing a serene and upscale living experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2016
  • Stories: 4
  • Living Area: 3,290 SqFt

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (281) 652-5588
  • Listing Agent: Kevin Freeman

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Microwave, Dryer, Refrigerator, Tankless Water Heater, Washer
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Bar, Dry Bar, Double Vanity, Elevator, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pots & Pan Drawers, Pantry, Self-closing Drawers, Separate Shower, Tub Shower, Vanity, Walk-In Pantry, Wired for Sound, Ceiling Fan(s), Kitchen/Dining Combo, Living/Dining Room, Programmable Thermostat
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony, Deck, Fence, Sprinkler/Irrigation, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Subdivision, Side Yard(s)
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned

Other

Directions Information:

  • Directions: From the guard entrance go to the roundabout and head to the right on Somerset Commons Lane. Make your first right and park near the pool in the short-term parking. Walk along the lake path to the left; the home will be the last property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,500
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $2800
  • Frequency: Annually

Tax Information:

  • Annual Amount: $13,036
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

40

# of Sold Homes

1678

705 Somerset Commons Ln vs Houston

72 DAYS ON ROCKET

+32 Days

$1,149,500

+$829.5K More

$349/SqFt

+$182 More

KEY TAKEAWAY

This property is $829.5K more than the Median Sold Price and $182/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #91229300

Listing Office:

  • Office Name: Douglas Elliman Real Estate
  • Office Phone: (281) 652-5588
  • Listing Agent: Kevin Freeman

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$13,036$844,335
2020$26,806$904,066
2018$27,577$910,000

History based on county public records data.

Payment Calculator

$6,038

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,513

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-997451
9
/10
  • Sinclair Elementary School

  • 6410 Grovewood Ln

  • 1.02 miles

  • Public Magnet Grades EE-5

school-card-donut-997452
7
/10
  • Memorial Elementary School

  • 6401 Arnot St

  • 1.37 miles

  • Public District Grades EE-5

school-card-donut-997453
7
/10
  • Housman Elementary School

  • 6705 Housman St

  • 2.04 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,114. The most common annual income of people living in Houston, TX is between $100k-200k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Somerset Commons Ln

What is the listing price of this property?

The listing price of 705 Somerset Commons Ln property is $1,149,500.

What type of property is this?

The property 705 Somerset Commons Ln is a house located in Houston, Texas, 77055.

Is this property for sale now?

Active Listing: 705 Somerset Commons Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,036 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Somerset Commons Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 705 Somerset Commons Ln is 3,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Somerset Commons Ln is 2016.

Rocket HomesTexasHarris CountyHouston77055705 Somerset Commons Ln

This home is located at 705 Somerset Commons Ln in Houston, TX and zip code 77055 in the Central Houston neighborhood. This 3,290 square foot home, which was built in 2016, sits on a 0.08 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $1,149,500.

Over 263 listings were sold over their listed price in November 2024 in Houston, TX. In the same period over 1060 listings were sold below the listed price and 354 listings were sold for the listed price. The number of listings in Houston, TX increased by 8.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $319,921, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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