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$514,000

NAL Estimated Property Value

156 Cottongame Road, Weatherford, TX, 76088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,011 Sq Ft
price_per_sqft$223.72 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1 acre

Building Information

Year Built2020
Garage Spaces2

Land Information

APN11406-001-022-00
Lot Number22
SubdivisionCool Place
Land UseResidential
Legal DescriptionACRES: 1.000 LOT: 22 SUBD: COOL PLACE
Census Tract140502
Assessed Land Value$75,000
Assessed Improvement Value$381,540
Assessment Year2025

About this property

If you’ve been searching for peaceful country living with room to breathe, this Weatherford hilltop home delivers it all. Set on scenic acreage in the 76088 area, this property offers privacy, wide-open views, and a warm, welcoming layout designed for everyday comfort and flexible living. Inside, you’ll find an oversized primary bedroom with space for a sitting area, home office setup, or additional furniture. The primary bathroom features a large walk-in shower with body jets, giving you a spa-style experience right at home. The main living area is anchored by a natural stone fireplace, creating a cozy focal point in the open-concept layout. The kitchen includes granite countertops, a large center island, and efficient cabinet storage—perfect for cooking, hosting, or gathering with family and friends. Secondary bedrooms offer comfortable layouts with walk-in closets, and a dedicated utility room and flexible dining space add to the home’s everyday convenience. Step outside and enjoy a covered back patio with its own fireplace, ideal for relaxing, entertaining, or enjoying an evening fire year-round. One of the biggest highlights of this property is the large 30'x40' shop foam-insulated with full utilities and an attached apartment. The shop provides excellent storage, workspace, and parking for equipment, tools, or hobbies. The apartment includes a complete setup—perfect for multigenerational living, guest stays, rental income, or a private office. This type of home-plus-shop-plus-apartment combination is hard to find in Weatherford and highly sought after. Located outside city limits with a low tax rate, this property offers quick access to Weatherford, Mineral Wells, Millsap, and is just a short drive to Possum Kingdom Lake. It’s the ideal blend of country living with convenient access to nearby towns, lakes, and amenities.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$260,001Estimated Mortgage Balance
$253,999Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$456,540
2025
$75,000
$381,540
$456,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$456,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$278,894
Yes
First
Jan 15, 2020
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,001
$253,999
49%
51%
$1,777/mo

City: Weatherford