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$416,000

NAL Estimated Property Value

2991 N Fm 200, Glen Rose, TX, 76043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
price_per_sqft$145 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Range, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size13.48 acres

Building Information

Year Built1994

Land Information

APNR000002333
Land UseMobile Home On Rural Land-Improved
Legal DescriptionACRES: 13.481 TRACT: 33 ABST: A135 A135 MILAM CO SCH LD TRACT 33 ACRES 13.481
Assessed Land Value$350,510
Assessed Improvement Value$289,090
Assessment Year2025

About this property

GREAT PROPERTY ON 13.5 ACRES IN RAINBOW FOR SOMEONE LOOKING FOR AN ADDITIONAL LIVING SPACE FOR A MOTHER IN LAW, MAN CAVE, GAMEROOM, OR LOCKOFF UNIT WITH SEPERATE ENTRANCE! ONLY 12 MINUTES TO GRANBURY, THIS UNIQUE HOME HAS TWO LIVING AREAS AND FULL KITCHENS! BOTH SIDES OF THE HOME ARE IN VERY GOOD CONDITION! RECENTLY REMODELED INCLUDING NEW PAINT INSIDE AND OUT, NEW FLOORING IN MUCH OF HOUSE, NEW HVAC SYSTEM, NEW KITCHEN CABINETS & SINK ON ONE SIDE, NEW SHEETROCK IN LIVING ROOM, KITCHEN, AND FRONT BATH! LAND IS PART PASTURE AND PARTLY TREED! COULD EVEN ADD ADDITIONAL LIVING QUARTERS ON THE PROPERTY! INCLUDES A 38 X 20 STORAGE BUILDING. BRAND NEW CARPET! UNIQUE PROPERTY WITH LOTS OF POSSIBILITIES AND POTENTIAL!

Investor Tools

Property Icon
$416,000
Estimated Property Value
$389,803Estimated Mortgage Balance
$26,197Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,238
$316,120
2025
$350,510
$289,090
$639,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,238
$316,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$391,500
No
First
Feb 25, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,803
$26,197
6%
94%
$2,348/mo

City: Glen Rose

2991 N Fm 200 | Property Details | No Agent List