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$330,000

1400 E Lake Drive, Weatherford, TX, 76087

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.47 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringTile

Building Information

Garage Spaces2

Land Information

APN13600-001-029-00
Lot Number29
SubdivisionHoliday Hills
Land UseResidential
Legal DescriptionLOT: 29 BLK: 1 SUBD: HOLIDAY HILLS
Census Tract140714
Assessed Land Value$90,000
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath lake-area home offering 1,140 square feet of comfortable living space. Situated directly across the street from Weatherford Lake, the property rests beneath a canopy of mature trees and includes an additional lot for added space, privacy, and future possibilities. Major renovations were completed in 2018, followed by a new roof in 2019, HVAC system in 2021, water heater in 2024, and refrigerator in 2026. With its manageable size, valuable improvements, and peaceful setting, this inviting home is an excellent option for first-time buyers, downsizers, or anyone seeking a relaxing retreat near the lake.

Investor Tools

$197,695Estimated Mortgage Balance
$51,305Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Stacy Lynch

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$90,000
2025
$90,000
N/A
$90,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$90,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lynch Family Trust
Stand Alone First / Home Equity First Lien
$235,000
No
First
Oct 24, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,695
$51,305
20%
79%
$1,409/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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1400 E Lake Drive | Property Details | No Agent List