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$282,000

NAL Estimated Property Value

1739 County Road 406, Nemo, TX, 76070

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.11 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesDishwasher, Dryer, Electric Range, Microwave, Washer
FlooringCarpet, Linoleum, Wood

Exterior

Lot Size5.01 acres

Building Information

Year Built2001

Land Information

APNR000011266
Land UseResidential
Legal DescriptionACRES: 5.010 TRACT: 1-3 ABST: A155 A155 J W ATCHISON TRACT 1-3 ACRES 5.01
Census Tract000102
Assessed Land Value$130,260
Assessed Improvement Value$137,200
Assessment Year2025

About this property

Welcome home to 1739 CR 406, in Nemo, TX . This 3 bedroom 1 and half bath farmhouse on 5 acres is in Glen Rose ISD. This rustic gem boasts a durable metal roof, a recently installed septic system, and a private well. Escape the constraints of city living with no HOA and zero city taxes. Embrace the serene countryside on this expansive property. While the home requires a personal touch with paint and flooring, it presents an exciting opportunity to customize your dream retreat. Create a cozy haven surrounded by nature, where the possibilities are as vast as the land itself. Seize the chance to own a piece of country living, with room to grow and make lasting memories. Your private oasis awaits, where the beauty of simplicity meets the potential of your imagination.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$200,753Estimated Mortgage Balance
$81,247Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,579
$267,460
2025
$130,260
$137,200
$267,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,579
$267,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Constant Investments Inc
Conventional
$209,600
No
First
Jan 5, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,753
$81,247
28%
71%
$1,257/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,257/mo
+$670/mo
8.2%

City: Nemo

1739 County Road 406 | Property Details | No Agent List