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$339,500

NAL Estimated Property Value

TBD County Road 407, Glen Rose, TX, 76043

Off MarketInfo
Baths0 Bath
RanchRanch
Year BuiltBuilt in 2018

About this property

This approximate 13+ acre tract with its gently rolling terrain is located in the Nemo portion of eastern Somervell County. It's only 10 minutes from Glen Rose, 15 minutes to Cleburne, or a short 17 minutes to the Chisholm Trail Parkway for a quick commute to the Metro-Plex for shopping or career! The lovely Nemo area is perfect for your new home, or maybe you wish to satisfy your agricultural nature! It has an agricultural tax exemption with livestock grazing which helps even more with the already low local taxes. The total acreage is in two tracts, the barbwire-fenced main portion together with an approximate one-third acre on the corner that provides monthly lease income from the Nemo Post Office. This charming property can be purchased in one of two ways...as described herein, or as a larger tract that contains a lovely ranch-style home, shop with attached sheds & gated entrance as described in MLS# 21252282. Either way, you're located in the excellent Glen Rose ISD and only 10-ish minutes to local shopping, employment, churches, and lots of recreational activities! (The listing address shown is the 911 physical location, but the mailing address city is Nemo, TX) ***All offers should use the address TBD CR 407, NEMO, TX 76070** ALL MEASUREMENTS ARE APPROXIMATE.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,037 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

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

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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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: Glen Rose

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TBD County Road 407 | Property Details | No Agent List