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$72,000

NAL Estimated Property Value

1040 Cedar Hill Drive, Nemo, TX, 76070

$93,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3,062 Sq Ft
price_per_sqft$261.26 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
AppliancesDishwasher, Gas Range, Microwave
FlooringOther, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1.01 acres

Building Information

Garage Spaces2

Land Information

APNR000106539
Lot Number172
Land UseVacant Urban-Unimproved
Legal DescriptionACRES: 1.010 LOT: 00172 ABST: A7 A157 A182 A130 SURVEY: R BARKER VISTA RIDGE RANCH LOT 172 ACRES 1.010
Census Tract000102
Assessed Land Value$70,000
Assessment Year2025

About this property

Luxury White Rock Homes & Design Custom Home - Panoramic Hill Country Views - Nemo, Texas - 40 miles from Fort Worth, Texas - Total Under Roof Sq. Footage is 4,314. Located in Somervell County just outside Glen Rose, this luxury custom residence—built by award-winning White Rock Homes and Design—offers exceptional Hill Country living on an oversized, premium 2+ ACRE lot. (Lot 171 & Lot 172 for 2.02 acres) The property features near 360-degree views, capturing both sunrise and sunset, along with native evergreens that provide privacy and year-round natural beauty. Part of White Rock Homes & Design’s Frio Series, this home reflects a mountain-modern aesthetic designed specifically for the Texas Hill Country. The floorplan is oriented to maximize the property’s sweeping vistas, with expansive windows and open living spaces that bring the outdoors in. The layout includes multiple bedroom suites, each with a private en-suite bath, plus an additional half bath for guests. High-end finishes, custom craftsmanship, and quality materials are showcased throughout. Large, covered porches offer generous outdoor living space ideal for enjoying the surrounding landscape. This property combines thoughtful design, luxury features, and an exceptional setting—an outstanding opportunity in the Glen Rose Nemo area. Note: This property is to be built.

Investor Tools

Property Icon
$72,000
Estimated Property Value
$0Estimated Mortgage Balance
$72,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$93,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/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
$72,000
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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