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Owner Contacts

$650,000

NAL Estimated Property Value

1544 County Road 318, Glen Rose, TX, 76043

Off Market

3 Beds

3 Bath

2,748 Sq Ft

$236.5 / sqft

Built in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms 2.5

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size5.85 acres

Building Information

Year Built2003

Land Information

APNR000011142

Lot Number26

SubdivisionCedar Rock Estates

Land UseResidential

Legal DescriptionACRES: 5.850 LOT: 00026 SUBD: CEDAR ROCK ESTATES ABST: A82-CR

Census Tract000101

Assessed Land Value$152,100

Assessed Improvement Value$448,050

Assessment Year2025

About this property

MOTIVATED SELLER! Are you READY TO MOVE TO GLEN ROSE?! Check out this LOVELY HOME ON 5.85 ACRES just minutes from Glen Rose in Cedar Rock Estates! This 2-story home has approx 2748 SF living area (per auxillary house plans) with 3 bedrooms, 2.5 baths, & open great room. The spacious master suite is downstairs with atrium doors leading to covered patio-porch. The ensuite bath includes dual sinks, jetted tub, separate shower, bidet, a great walk-in closet, then leads to the laundry room. Ceilings are 9-10' & the home is well-insulated. The 2nd story features 2 bedrooms, full bath & a second living area which could be used as study, office or game area. The attached carport is perfect for extended outdoor entertaining, the back yard is fenced, and there's a 30x40 workshop on slab with electric & water. New roof Aug 2022. The home is set back from the paved road for privacy. Somervell County offers lower tax rates, & this property is located in the acclaimed Glen Rose School District.

Investor Tools

$650,000

Estimated Property Value

$448,266Estimated Mortgage Balance

$201,734Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,900 /month

Positive

Cash Flow Estimate:

$1,300 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$616/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,140

$600,150

2025

$152,100

$448,050

$600,150

Tax History

Year

Tax Paid

Assessed Value

2025

$4,140

$600,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Interbank

Building Or Construction Loan

$476,000

First

Mar 3, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$448,266

$201,734

31%

69%

$2,854/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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