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Days68Days on Market
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$260,000

$264,900

1016 Spring Ranch Drive, Weatherford, TX, 76088

On MarketInfo
Price DropInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.54 acres

Land Information

APN16546-001-022-00
Lot Number22
SubdivisionRanches At Sweet Springs
Land UseAgriculture / Farming
Legal DescriptionACRES: 5.543 LOT: 22 SUBD: RANCHES AT SWEET SPRINGS PC E-562
Census Tract140503
Assessed Land Value$221,720
Assessment Year2025

About this property

Tucked away at the end of a quiet cul-de-sac, this beautiful 5.54 +- acre property offers the perfect blend of privacy, usability, and opportunity. With multiple ideal build sites, you can design your dream home exactly how you envision it while taking in the peaceful views at the back of the property. Bring your animals and your blueprints—horses are allowed and barndominiums are welcome, giving you the flexibility to create the lifestyle you’ve been looking for. Even better, this property is AG EXEMPT, a rare find for 5+ acres in Parker County. Whether you’re looking to build now or invest for the future, this property checks all the boxes for country living with room to grow. Come make this your new homestead!

Investor Tools

Property Icon
$221,720
Estimated Property Value
$0Estimated Mortgage Balance
$138,482Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Kelli Boyd

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$221,720
2025
$221,720
N/A
$221,720
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$221,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Community Bank
Unknown
$93,500
No
First
Nov 12, 2020
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,238
$138,482
62%
38%
$561/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.

Explore Texas Explore This Area
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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1016 Spring Ranch Drive | Property Details | No Agent List