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$193,390

NAL Estimated Property Value

1296 S Fm 56, Glen Rose, TX, 76043

Off MarketInfo
Baths0 Bath
Baths416 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesStorage
Lot Size6.61 acres

Land Information

APNR000004369
Lot Number7
Land UseAgriculture / Farming
Legal DescriptionACRES: 6.610 TRACT: 7 ABST: A41-HS PRUITT SUB ABST 41 J HERNANDEZ LOT 7 ACRES 6.61
Census Tract000102
Assessed Land Value$171,860
Assessed Improvement Value$21,530
Assessment Year2025

About this property

GREAT VIEWS from this 6.61-acre hilltop tract! Located just .5 mile from Glen Rose city limits & convenient to all Somervell Co amenities! A double wide mobile home was removed about 10 yrs ago but the electric poles & breaker box remain. There's a well that, when tested about 10 yrs ago with a generator, started up. There's also a Somervell Co Water District water line located along FM 56 that could be tapped if needed. Neither a septic system nor paperwork for one were found. There are 4 structures on property, being a welded double carport with steps leading to a deck, as well as a welded 2-level observation deck. Some boards on both structures need to be replaced. There's also an old apartment & a well house which need repair. Numerous paths were cut for 4-wheeling & quiet walks. Seller does not warrant working condition or usability of amenities or improvements. Perimeter partially fenced. See attached bypass detail page regarding possible road project. First Right of Refusal.

Investor Tools

Property Icon
$193,390
Estimated Property Value
$0Estimated Mortgage Balance
$193,390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,160 /month
Positive
Cash Flow Estimate:
$387 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$965
$193,390
2025
$171,860
$21,530
$193,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$965
$193,390

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$193,390
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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1296 S Fm 56 | Property Details | No Agent List