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

    Tbd 11 Private Road 12 Glen Rose, TX 76043

    View on Map
    Claim this Listing
    For Sale
    $320,000

    Unimproved Land - Glen Rose, TX

    Type:Unimproved Land
    Lot size:
    10.01 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    66
    Last Refresh:
    May 2 at 4:06 am

    Property Features for Tbd 11 Private Road 12

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    10187
    Lot size
    10.01 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Joshua Ritchey

    Listing agent Joshua Ritchey

    Listing office Keller Williams Brazos West 2301 Senator Robert J Glasgow Loop Suite 102, Weatherford, TX

    Listing date Feb 25, 2026

    MLS# 20849649 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

    10 Acres in Hill Country

    This 10.01-acre property is located in Glen Rose, Texas, in the heart of the Hill Country. The land features mature cedar and oak trees, offering privacy and natural beauty. The property includes elevation changes and views. It is suitable for building a dream home or enjoying nature.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Glen Rose
    County
    Somervell
    State
    Texas
    Longitude
    -97.8091
    Latitude
    32.2052

    Nearby Similar for Sale

    • $400,000

      Glen Rose Retail Opportunity

      High-visibility retail building on US Highway 67 in Glen Rose.
      608 Big Bend Trail, Glen Rose, TX 76043
      View Details
    • $425,000

      Glen Rose Restaurant Opportunity

      Landmark restaurant location with outdoor area and expansion potential.
      212 NE Barnard Street, Glen Rose, TX 76043
      View Details
    • $250,000

      Historic Building in Glen Rose, TX

      Corner lot property with B3 zoning near town square.
      112 Barnard Street, Glen Rose, TX 76043
      View Details
    • $199,750

      Warehouse with Office Space

      Commercial property with warehouse and office space near Hwy 67.
      1497 W Highway 67, Glen Rose, TX 76043
      View Details
    • $850,000

      Glen Rose Storage Facility Investment

      145-unit storage facility on 2 acres in Glen Rose.
      2699 Fm 56, Glen Rose, TX 76043
      View Details
    • $1,100,000

      Established Event Venue Near Glen Rose

      Event venue on 17 acres near Fort Worth, Dallas, Waco.
      3119 County Road 2730, Glen Rose, TX 76043
      View Details
    • $800,000

      Glen Rose Multi-Use Investment Property

      Retail-commercial multi-use investment property with development opportunities.
      300 E Elm Street, Glen Rose, TX 76043
      View Details
    • $1,100,000

      Glen Rose Hotel and Cottages

      Unique property near historic square, ideal for boutique hotel.
      301 NE Barnard Street, Glen Rose, TX 76043
      View Details
    • $865,000
      1,200 SF

      Texas Homestead with Panoramic Views

      22.5-acre Ag-Exempt property near Glen Rose, Texas.
      3318 CR 302, Glen Rose, TX 76048
      View Details
    • $750,000

      Glen Rose Unimproved Commercial Land

      3+ acres with highway frontage, ideal for commercial development.
      Tbd Hwy 144 and 3rd Street, Glen Rose, TX 76043
      View Details
    • $315,000

      Glen Rose Gas Station Opportunity

      Unique gas station and rock house near Paluxy River Walk.
      210 Austin Road, Glen Rose, TX 76043
      View Details
    • $480,000

      Glen Rose Land For Sale

      5+ acre tract in the heart of Glen Rose, Texas.
      Tbd SW Big Bend Trail, Glen Rose, TX 76043
      View Details

    FAQs

    What type of property is this?
    Land - 10-acre property with mature trees, privacy, and views.
    Where is this land located?
    The property is located at Tbd 11 Private Road 12 Glen Rose, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: 10‑acre property in the Hill Country; Breathtaking views; Incredible elevation changes
    (254) 335-0500
    We can help!
    Listing Contact
    Joshua Ritchey
    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

    Thank You for Inquiry

    Tbd 11 Private Road 12, Glen Rose, TX 76043

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!