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$333,896

121 Pistol Road Lot D, Weatherford, TX, 76085

On MarketInfo
Baths13,000 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Exterior

Lot Size2.50 acres

Land Information

APN12980-001-002-00
SubdivisionH D Green Addition
Land UseAgriculture / Farming
Legal DescriptionACRES: 2.500 LOT: PT 2 BLK: 1 SUBD: H D GREEN ADDITION
Assessed Land Value$178,130
Assessed Improvement Value$850,000
Assessment Year2025

About this property

Located at 121 Pistol Rd in Weatherford, this 9.95 acre commercial development is offered as individual lots ranging from ±2.0 to ±3.339 acres. Positioned in unincorporated Parker County just off Veal Station Rd, the property benefits from no zoning, no city entitlements, and minimal development restrictions, making it ideal for industrial outdoor storage, contractor yards, flex industrial, automotive, and service-based users. The area is experiencing rapid growth driven by residential expansion and increasing demand for small-bay industrial, yard space, and contractor-oriented uses. This offering is well-suited for both owner-users seeking operational flexibility and investors targeting high-demand, low-supply IOS and light industrial assets. Ownership offers build-to-suit capabilities, allowing customization for office, warehouse, service, or hybrid applications. Rare opportunity to secure flexible-use land in a high-growth corridor with strong long-term upside. LOT D–2R2 Industrial Outdoor Storage IOS - CONTRACTOR YARD - DEVELOPMENT LAND Size: ±3.339 Acres Investment or Owner-User Opportunity - IOS - Contractor Yard - Unrestricted Land ±3.339 acres of raw commercial land with electric to site. Located outside city limits with no zoning, allowing for industrial outdoor storage (IOS), contractor yard, or light industrial development. Ideal for small business operators, trades, storage users, or long-term land investors seeking entry-level pricing in a growth corridor.

Investor Tools

Property Icon
$1,028,130
Estimated Property Value
$0Estimated Mortgage Balance
$650,135Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,169 /month
Positive
Cash Flow Estimate:
$2,056 /month

Interested in this property?

Charles Horton

The Michael Group Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$440
$1,028,130
2025
$178,130
$850,000
$1,028,130
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$440
$1,028,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael John Shannon
Seller Carryback / Seller Financing / Seller Take-Back
$400,000
No
First
May 31, 2023
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,995
$650,135
63%
37%
$2,399/mo

Learn About the Market: Opportunity in Texas

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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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121 Pistol Road Lot D | Property Details | No Agent List