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$525,000

1511 Cabaniss Ln, Weatherford, TX, 76088

$682,500 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.02 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Tankless Water Heater, Washer, Water Softener
FlooringCarpet, Concrete

Exterior

Exterior FeaturesStorage
Lot Size2.30 acres

Building Information

Year Built2004
Stories1
Garage Spaces4

Land Information

APN11600-001-001-10
SubdivisionCraver S Acres
Land UseResidential
Legal DescriptionACRES: 2.300 SUBD: CRAVER S ACRES LOT: TR R1-B BLK: ADDN: CRAVER S ACRES
Census Tract140502
Assessed Land Value$119,030
Assessed Improvement Value$336,940
Assessment Year2025

About this property

Bring your horses, hobbies and toys! This beautiful property in Garner ISD offers country living with modern comforts on 2.3 fully fenced acres. The custom home built in 2004 features 4 bedrooms and 3 full baths across approximately 2,354 sq ft of open living space. Recent updates include a new roof (2023) and water heater (2024). Inside, stained concrete floors flow throughout the main living areas, and a wood-burning stove fireplace creates a warm, inviting centerpiece for gatherings. The kitchen offers abundant cabinet space, concrete counters, stainless appliances, and a large dining area open to the living room for easy entertaining. The spacious primary suite features a tray ceiling, jetted tub, separate shower, dual vanities, and a generous walk-in closet. Outside, the 30×40 workshop (built 2019) is wired for 220-amp service, plumbed for an air compressor, and equipped with a wood-burning barrel heater and two large shop fans, perfect for mechanics, woodworkers, or a home business. A second detached two-story building (850 sq ft) provides endless possibilities for a home office, classroom, studio, gym, or recreation room. The private well feeds a 2,500-gallon storage tank for reliable water supply, and the pastures are ready for animals or outdoor activities. RV and boat parking adds flexibility for travel and storage. Enjoy immediate access to the Lake Mineral Wells State Trailway for walking, riding, or biking right from your property. Conveniently located between Weatherford, Mineral Wells, and Millsap with easy highway access for commuting. Includes Washer, Dryer, Refrigerator.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$440,000Estimated Mortgage Balance
$74,191Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$682,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$455,970
2025
$119,030
$336,940
$455,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$455,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$440,000
No
First
Dec 19, 2025
Nov 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,809
$74,191
14%
85%
$2,639/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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