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$525,000

$530,000

1062 Rio Grande Way, Weatherford, TX, 76087

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.52 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesOther
Lot Size2 acres

Building Information

Year Built2018
Garage Spaces2

Land Information

APN18541-001-020-00
Lot Number20
SubdivisionTurkey Track Ranch
Land UseResidential
Legal DescriptionACRES: 2.000 LOT: 20 BLK: 1 SUBD: TURKEY TRACK RANCH
Census Tract140604
Assessed Land Value$125,000
Assessed Improvement Value$437,270
Assessment Year2025

About this property

This custom-built home sits on a quiet 2-acre cul-de-sac lot in Turkey Track Ranch and includes a standout 20x15 shop built with true engineer-level precision, plus an attached 20x15 storage space. Whether you need room for projects, equipment, or organized storage, this setup is hard to find and thoughtfully designed. Inside, you’ll notice the 10- and 11-foot ceilings and large windows that bring in natural light throughout the home. The living room is anchored by a floor-to-ceiling stone fireplace and overlooks the extended covered patio and fenced backyard — a great layout for relaxing evenings or having friends and family over. The kitchen functions well for everyday life and gatherings alike, featuring a large granite island with seating, farmhouse sink, double ovens, cooktop, and practical storage touches like a pull-out trash cabinet. The primary bedroom offers plenty of space, including room for a sitting area, and the bathroom provides a comfortable retreat with a soaking tub, custom shower, and long double vanity. An oversized utility room with extra storage and space for a freezer adds even more functionality. The upgraded variable-speed HVAC system runs quietly and efficiently while helping control humidity year-round. Solid construction, thoughtful design, and two acres of space in a peaceful setting make this one worth a look.

Investor Tools

$318,526Estimated Mortgage Balance
$246,274Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,374 /month
Positive
Cash Flow Estimate:
$1,125 /month

Interested in this property?

Joshua Shelton

Home Grown Group Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$562,270
2025
$125,000
$437,270
$562,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$562,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jfq Lending Inc
Conventional
$354,240
No
First
Feb 2, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,526
$243,744
43%
57%
$2,124/mo

City: Weatherford