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$498,000

NAL Estimated Property Value

1085 County Road 407, Glen Rose, TX, 76043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,042 Sq Ft
price_per_sqft$367.29 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size14.59 acres

Building Information

Year Built2017
Garage Spaces2

Land Information

APNR000105487
Land UseResidential
Legal DescriptionACRES: 14.594 TRACT: 4 ABST: A53 A53 J S JOHNSON TRACT 4 ACRES 14.594
Census Tract000102
Assessment Year2025

About this property

Beautiful 3 bedroom country home, sitting on two AG-EXEMPT tracts totaling 14.924 acres. Enjoy gatherings in the spacious living, kitchen and dining area. Stay warm during the winter months with the stone fireplace with gas logs. Kitchen has large bar area, great cabinet storage, and large pantry. Beautiful wood-look tile throughout home! Primary bedroom has attached bathroom with separate vanities with cabinets, walk-in shower, jetted tub, & a large 12x8 closet with built-ins! Take in the view from the 8' porch that overlooks the nice landscaping and fenced yard surrounding the home. The 24x30 workshop has electric and county water. A 10x30 covered slab is attached to the shop. The second tract is .3 acres, leased out to the Nemo Post Office. Located about 10 minutes from Glen Rose, the excellent Glen Rose ISD, dining, shopping, and lots of recreational activities! It's only about 17 minutes to the Chisholm Trail Parkway in Cleburne, and then another 20 minutes to Fort Worth! Don't need a house but love the land? Approximately 13.34 acres of this land can be purchased separately as shown in MLS# 21295901. (The listing address shown is the Glen Rose 911 physical location, but the mailing address city is Nemo, TX) ALL MEASUREMENTS ARE APPROXIMATE. ***All offers should use the address 1085 CR 407, NEMO, TX 76070**

Investor Tools

Property Icon
$498,000
Estimated Property Value
$0Estimated Mortgage Balance
$498,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,142
$423,380
2025
N/A
N/A
$776,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,142
$423,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$498,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Glen Rose

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