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$425,000

1506 Fort Worth Highway, Weatherford, TX, 76086

$541,451 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,200 Sq Ft
IndustrialIndustrial
price_per_sqft$132.81 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size1.18 acres

Building Information

Year Built1997
Stories1
Garage Spaces3

Land Information

APN20906-004-001-00
Land UseIndustrial
Legal DescriptionACRES: 1.184 ABST: 906 SURVEY: MONK SARAH ACTION RENTAL
Census Tract140101
Assessed Land Value$257,880
Assessed Improvement Value$178,110
Assessment Year2025

About this property

Prime location on Ft Worth Hwy! This building has served several successful business ventures over the past 24 years including, Equipment Rental, Boat Sales and Service, and An Automotive Repair Shop. The shop is 40x44 and includes 3- 12ft doors and 1- 10ft door. The shop also has it's own restroom and ample storage upstairs. There is also an 20x40 covered back porch. The showroom is 30x30 with two offices and a restroom. The offices are 17x9 and 8x9. This is over an acre of prime Weatherford real estate.

Investor Tools

Property Icon
$435,990
Estimated Property Value
$0Estimated Mortgage Balance
$145,996Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$541,451
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$435,990
2025
$257,880
$178,110
$435,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$435,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Purchase Money Mortgage
$320,000
No
First
Jun 24, 2021
Jun 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,994
$145,996
33%
67%
$1,919/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.

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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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1506 Fort Worth Highway | Property Details | No Agent List