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$514,620

NAL Estimated Property Value

1511 E Bankhead Dr, Weatherford, TX, 76086

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.12 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood, Tile, Varies

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size3.48 acres

Building Information

Stories1
Garage Spaces2

Land Information

APN20906-123-000-00
Land UseCommercial
Legal DescriptionACRES: 3.480 ABST: 906 SURVEY: MONK SARAH
Census Tract140101
Assessed Land Value$241,980
Assessed Improvement Value$272,640
Assessment Year2025

About this property

Acreage in town! Nestled on a majestic lot among mature Pecan and Pine trees, this landscaped beauty offers more than the heart desires. Built in 1929, this SPACIOUS 2 bedroom 2 bath has much to offer including 2 bonus rooms and a backyard cottage that has a completed bathroom and 2 rooms to be finished out to make it your own. This home offers many original qualities from some hardwood flooring and garage to an updated kitchen with double ovens. Watch the deer roam around the pond and take in the beauty from the back sunroom. Three hole driving range for those that enjoy practicing their golf swing. Walk directly through your bedroom door to a bonus, office area, with private exterior entrance, perfect for an exercise room, growing family, or HOME BUSINESS. Current separate entrance to back of property from Rickey St allows access to workshop on property with available electric and dirt flooring. Realtors, see transaction desk for docs prior to showing.

Investor Tools

Property Icon
$514,620
Estimated Property Value
$567,972Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,088 /month
Positive
Cash Flow Estimate:
$1,029 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$514,620
2025
$241,980
$272,640
$514,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$514,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Conventional
$290,861
No
First
Jan 24, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$567,972
N/A
0%
110%
$3,488/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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1511 E Bankhead Dr | Property Details | No Agent List