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$399,900

2771 S Fm 200, Nemo, TX, 76070

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.26 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size1.50 acres

Building Information

Year Built1969
Garage Spaces2

Land Information

APNR000001083
Land UseAgriculture / Farming
Legal DescriptionACRES: 1.500 TRACT: 16 ABST: A88 A88 R SLATTER TRACT 16 ACRES 1.5
Census Tract000102
Assessed Land Value$75,000
Assessed Improvement Value$78,770
Assessment Year2025

About this property

Spacious 3-bedroom home on 1.5 acres in highly sought-after Glen Rose ISD! Offering a huge backyard, mature pecan and fruit trees, multiple bonus rooms, and a convenient location on the Fort Worth side of Glen Rose, this property combines country living with easy access to town. The main level features three oversized bedrooms with abundant closet space and storage throughout. The large living room offers newer luxury vinyl plank flooring and a wood-burning fireplace, creating a comfortable gathering space for family and friends. The spacious kitchen features generous counter space and abundant cabinetry with plenty of room for everyday cooking and entertaining. Upstairs, three large bonus rooms provide exceptional flexibility for a home office, game room, homeschool room, craft or hobby space, workout room, or additional living areas. Outside, two separate back patios overlook the expansive backyard, providing multiple spaces for outdoor entertaining, grilling, or relaxing while the kids and pets enjoy the 1.5-acre property. Mature pecan and fruit trees add shade and character to the property. The oversized 26' x 23' two-car garage offers plenty of room for large vehicles, tools, lawn equipment, and additional storage. Major recent improvements include a NEW ROOF installed in July 2026 and two HVAC systems replaced in 2021. The home is served by Somervell County Water District, plus an existing water well offers an additional water source for irrigation or livestock. With 1.5 acres, Glen Rose ISD, three oversized bedrooms, multiple bonus rooms, mature trees, a water well, oversized garage, and significant recent updates, this property offers the space and versatility that are increasingly hard to find in the Glen Rose area!

Investor Tools

$249,331Estimated 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
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Austin Jordan

Keller Williams Brazos West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,058
$153,770
2025
$75,000
$78,770
$153,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,058
$153,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$270,000
No
First
Jul 27, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,331
N/A
0%
162%
$1,619/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.

Explore Texas Explore This Area
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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2771 S Fm 200 | Property Details | No Agent List