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$66,850

1015 Rose Court, Nemo, TX, 76070

Under ContractInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.01 acres

Land Information

APNR000106429
Lot Number62
Land UseVacant Urban-Unimproved
Legal DescriptionACRES: 1.010 LOT: 00062 ABST: A7 A157 A182 A130 SURVEY: R BARKER VISTA RIDGE RANCH LOT 62 ACRES 1.010
Census Tract000102
Assessed Land Value$70,000
Assessment Year2025

About this property

Build your dream home in the peaceful, Vista Ridge Ranch subdivision. This residential lot is designated for single-family use and offers flexibility for a custom site-built home while maintaining neighborhood standards that protect long-term value. The main residence must include a minimum of 1,800 sq ft of heated living space (excluding porches, garages, and storage). One guest quarter is permitted per tract (up to 950 sq ft), ideal for visitors or extended family, and may be detached or attached when built after or alongside the main home with approval. Shops, barns, and workshop buildings are allowed, giving buyers room for hobbies, storage, or projects, provided they complement the main residence and receive architectural approval. Enjoy a country lifestyle with limited animals permitted for personal use. Household pets are welcome, and (1) horse or livestock are allowed with restrictions. Chickens are permitted in reasonable numbers. No commercial animal operations. Architectural guidelines apply to ensure a cohesive, attractive community. All building plans, exterior finishes, fencing, lighting, driveways, and landscaping require approval prior to construction. Buyer to verify all restrictions and requirements.

Investor Tools

$0Estimated Mortgage Balance
$70,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$420 /month
Positive
Cash Flow Estimate:
$140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$937
$70,000
2025
$70,000
N/A
$70,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$937
$70,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$70,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Nemo

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1015 Rose Court | Property Details | No Agent List