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$990,000

NAL Estimated Property Value

1005 Meadow Lark Lane, Weatherford, TX, 76087

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,479 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.56 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard, Storage
Lot Size27,007 sqft

Building Information

Year Built2006
Stories2
Garage Spaces3

Land Information

APN12420-004-023-00
Lot Number23
SubdivisionForest Park
Land UseResidential
Legal DescriptionACRES: 0.620 LOT: 23 BLK: 4 SUBD: FOREST PARK PH II
Census Tract140711
Assessed Land Value$62,000
Assessed Improvement Value$572,460
Assessment Year2025

About this property

DON'T LET THIS HOME PASS YOU BY!! Check out this breathtaking home nestled in tall trees with a detached 30 x 35 two story shop with elevator located within the award winning ALEDO ISD, easy access to I-20 with Weatherford lake just a few blocks over. Step into a world of warmth and comfort as you enter the open-concept living space, perfect for creating lasting memories with loved ones. This home has space for everyone with room to grow; boasting 5 bedrooms, 4 bathrooms, 2 master suites, 2 living rooms, 2 dinning rooms, a massive game room with outside pool access, 3 car attached garage, detached boat-RV and toy storage with a 220-volt 50 Amp plug located in shop. The possibilities are endless with an optional mother in law suite upstairs. Plantation shutters throughout home, ADT alarm system with cameras, My Q garage door openers and keypads, motion activated lights with timer, programable perimeter lighting around house and shop. Shop built in 2022 for $175k. Your dream shop awaits you; 2 stories with an elevator, AC and Heat making this shop only a few steps away from turning it into a guest house. Embrace the tranquility of the landscaped backyard oasis, featuring a pool with AC and heating options along with a separate sauna; your own private retreat after a long day. Electric rolling blinds on the patio making your outdoor living a peaceful experience year around with 2-220 volt commercial heaters for cooler weather. Plug installed to run a back up generator for the house.

Investor Tools

Property Icon
$990,000
Estimated Property Value
$451,473Estimated Mortgage Balance
$538,527Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$634,460
2025
$62,000
$572,460
$634,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$634,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$489,800
No
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,473
$538,527
54%
46%
$2,937/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.

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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: Weatherford

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1005 Meadow Lark Lane | Property Details | No Agent List