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$74,000

NAL Estimated Property Value

1121 County Road 407a, Nemo, TX, 76070

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.03 acres

Land Information

APNR000106459
Lot Number92
Land UseVacant Urban-Unimproved
Legal DescriptionACRES: 2.034 LOT: 00092 ABST: A7 A157 A182 A130 SURVEY: R BARKER VISTA RIDGE RANCH LOT 92 ACRES 2.034
Census Tract000102
Assessed Land Value$70,000
Assessment Year2025

About this property

Stunning 2 acre lot to build your dream home! With beautiful large Oak trees, large flat building spot, and a wet weather creek along the back property line, this property has tons of character and is a unique find. Lots of space to build your dream home, shop, pool and have a spacious yard. Great location on the east side of Glen Rose in Vista Ridge Ranch. Easy access to Hwy 67 and the Chisholm Toll Road to get to Fort Worth. Water & electricity in place, no timeline to build, choose your own builder! With strong native prairie grasses in place, you can maintain the yard around your house and leave the rest native. Located in the highly acclaimed Glen Rose ISD.

Investor Tools

Property Icon
$74,000
Estimated Property Value
$74,607Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
No HOA
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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Unknown
$75,600
No
First
Aug 4, 2025
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,607
N/A
0%
101%
$454/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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1121 County Road 407a | Property Details | No Agent List