Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1029 Rose Court Nemo, TX 76070

    View on Map
    Claim this Listing
    For Sale
    $80,000

    Unimproved Land - Nemo, TX

    Type:Unimproved Land
    Lot size:
    1.02 Acres
    Added:
    Dec 31, 2025
    Days on Market:
    115
    Last Refresh:
    Apr 25 at 4:06 am

    Property Features for 1029 Rose Court

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    106432
    Lot size
    1.02 Acres

    Taxes and HOA fees

    Expense value
    200
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Utilities

    Heating system
    None (Heating)

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tracy Crysup

    Listing agent Tracy Crysup License #0827597

    Listing office x2 Realty Group 209 W HWY 171, Godley, TX

    Listing date Dec 31, 2025

    MLS# 21044235 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Vista Ridge

    This 1.016-acre lot is located in Vista Ridge Ranch. Situated in a cul-de-sac, the property features tall oak trees and a partially cleared landscape, offering a balance of shade and buildable space. The lot is surrounded by custom-built homes. The location provides country living with convenient access to nearby cities. It is located minutes from Glen Rose, 14.8 miles from Cleburne, and approximately 45 minutes from downtown Fort Worth. This property is intended for residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Nemo
    County
    Somervell
    State
    Texas
    Longitude
    -97.641125
    Latitude
    32.273687

    Nearby Similar for Sale

    • $70,000

      Nemo, Texas Homesite Opportunity

      1.01-acre flat lot perfect for building a custom home.
      1165 County Road 407, Nemo, TX 76070
      View Details
    • $70,000

      Nemo, Texas Unimproved Land

      1.01-acre homesite in Nemo, Texas, perfect for custom home.
      1169 County Road 407, Nemo, TX 76070
      View Details
    • $135,000

      Land with Private Fishing Pond

      2.02 acre lot with pond near Fort Worth.
      1039 Creek Crossing Road, Nemo, TX 76070
      View Details
    • $115,000

      Nemo, TX Land with Pond

      2+ acre lot with pond, utilities, and mature trees.
      1033 Creek Crossing Road, Nemo, TX 76070
      View Details
    • $72,500

      Vista Ridge Land with Views

      1.01 acre lot in desirable Vista Ridge community.
      1040 Cedar Hill Drive, Nemo, TX 76070
      View Details
    • $87,500

      Nemo, TX Land with Views

      1.01 acre homesite with Hill Country views.
      1044 Cedar Hill Drive, Nemo, TX 76070
      View Details
    • $75,500

      Acreage in Vista Ridge Ranch

      1.036-acre lot perfect for building a custom home.
      1104 Cedar Hill Drive, Nemo, TX 76070
      View Details
    • $68,000

      Scenic Treed Lot in Nemo

      Homesite in a growing area with panoramic views.
      1017 Cedar Hill Drive, Nemo, TX 76070
      View Details
    • $127,500

      Nemo, TX Land with Pond

      1.687 acre lot with pond near Fort Worth.
      1045 Creek Crossing Road, Nemo, TX 76070
      View Details
    • $250,000

      Land with Private Fishing Pond

      4+ acre lot with pond near Fort Worth.
      1039 & 1033 Creek Crossing Road, Nemo, TX 76070
      View Details
    • $99,000

      Secluded Land in Vista Ridge

      2+ acre lot with utilities ready for new home.
      1209 County Road 407A, Nemo, TX 76070
      View Details
    • $88,899

      Over 1-Acre Lot in Nemo

      Expansive lot to create your custom dream home.
      1024 Rose Court, Nemo, TX 76070
      View Details

    FAQs

    What type of property is this?
    Land - One-acre lot in Nemo, Texas, ready for your dream home.
    Where is this land located?
    The property is located at 1029 Rose Court Nemo, TX.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Spacious 1‑acre cul‑de‑sac lot in Vista Ridge Ranch.; Partially cleared landscape with tall oak trees offering shade and character.; Located in a community of custom‑built homes.
    (817) 994-7523
    We can help!
    Listing Contact
    Tracy Crysup
    Real Estate License ID: 0827597
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!