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$360,000

NAL Estimated Property Value

2347 Fm-200, Nemo, TX, 76070

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1992

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop
FlooringHardwood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size1.50 acres

Building Information

Year Built1992

Land Information

APNR000009842
Land UseResidential
Legal DescriptionACRES: 1.500 TRACT: 13-1 ABST: A88 A88 R SLATTER TRACT 13-1 ACRES 1.5
Census Tract000102
Assessed Land Value$75,000
Assessed Improvement Value$137,480
Assessment Year2025

About this property

Journey to 2347 S. FM 200, a stunning rental property nestled in the picturesque town of Nemo, TX 76070. This charming 3-bedroom, 2-bathroom home boasts elegant wood block countertops and sleek hardwood floors throughout, providing a touch of luxury to everyday living. Step outside and be greeted by a breathtaking scenic view that will leave you speechless, making every moment spent on the property a true delight. The spacious layout offers plenty of room to entertain guests or simply relax in comfort. The abundance of natural light streaming through the windows creates a warm and inviting atmosphere, perfect for creating lasting memories. Whether you're enjoying a quiet evening in the cozy living room or whipping up a gourmet meal in the modern kitchen, this property offers the perfect blend of style and functionality. Don't miss the chance to make this dream rental property your next home sweet home.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,843
$212,480
2025
$75,000
$137,480
$212,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,843
$212,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$129,000
No
First
Jul 29, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,374
$245,626
68%
32%
$774/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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2347 Fm-200 | Property Details | No Agent List