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$278,000

NAL Estimated Property Value

1223 E Bankhead Dr, Weatherford, TX, 76086

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,508 Sq Ft
price_per_sqft$125.93 / sqft

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesNone
FlooringCarpet, Vinyl

Building Information

Stories1
Garage Spaces4

Land Information

APN16870-001-005-00
Lot Number5
SubdivisionRoberts Addition
Land UseResidential
Legal DescriptionLOT: 5 BLK: 1 SUBD: ROBERTS ADDITION **SEE NOTES
Census Tract140101
Assessed Land Value$50,000
Assessed Improvement Value$82,380
Assessment Year2025

About this property

This is a great opportunity to investor or family that wants to live on Bankhead for that quick access to Fort Worth and be convenient to everything, from shopping, restaurants, schools and in the heart of Weatherford. It needs a new roof, and other mechanical issues but with the right touch it can be a nice home again. Over 1500 square feet, with four out buildings for that person who has a need for storage. You will enjoy the ease of the circular driveway and two cars fit in the carport. The kitchen is large with a breakfast area and a large living area to the east with two bedrooms and two baths. Beautiful trees provide a canopy of shade in the summer. One family has owned it for fifty plus years and now it can be yours. The storage sheds are the following square feet: 315 square feet, 289 square feet, 100 square feet and 200 square feet.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$570,020Estimated Mortgage Balance
$278,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$132,380
2025
$50,000
$82,380
$132,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$132,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Va
$289,240
Yes
First
Jul 12, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,020
N/A
0%
205%
$3,470/mo

City: Weatherford

1223 E Bankhead Dr | Property Details | No Agent List