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B+
NoAgentList RatingHow are grades calculated? Info

$1,112,780

198 Serrano Court, Weatherford, TX, 76087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.18 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Water Softener
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9.09 acres

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN17242-001-012-00
Lot Number12
SubdivisionRidge Estates
Land UseAgriculture / Farming
Legal DescriptionACRES: 9.090 LOT: 12 SUBD: SADDLE RIDGE ESTATES
Census Tract140710
Assessed Land Value$406,580
Assessed Improvement Value$706,200
Assessment Year2025

About this property

Offering both a 3,404 square foot main house and a fully finished 5,500 square foot Barndominium, welcome home to this beautiful 9.09-acre hilltop property overlooking the Moncrief Ranch in Weatherford, Texas. Located in a gated community 10 minutes south of Interstate 20, the entire property is surrounded by non-climbable horse fencing, affording the perfect blend of security, versatility, and serene countryside living. The 4-bedroom 3-bathroom main house features open concept living spaces, ideal for entertaining or relaxing with family and friends. Large windows throughout the home invite an abundance of natural light and offer sweeping views of the surrounding landscape including a grove of mature trees in the backyard. The kitchen features a pantry, double oven, granite countertops, and a new cooktop and microwave, and the separate laundry room includes a closet and cabinets for additional storage. The 3-car garage with a double-and-single door combo has ample space for three vehicles or two cars and a workspace or storage. Following the gravel drive to the rear of the property, you will find an impressive 5,500 square foot 100% fully insulated and climate controlled Barndominium. Currently fitted with an apartment, office, safe room, and multiple studio spaces, it features independent utilities with heavy 120 240-volt power, a wet room, and a large open-concept workshop. High ceilings, in-floor drainage, and a large bay door allow for easy conversion to include a climate controlled stable. Glass doors and windows bring ample natural light into the space, while the wrap-around patio is perfect for spending time outdoors overlooking the beautiful Moncrief Ranch. This incredible combination of comfort, acreage, and utility ensures endless possibilities for your new home.

Investor Tools

Property Icon
$1,112,780
Estimated Property Value
$0Estimated Mortgage Balance
$906,896Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,050 /month
Positive
Cash Flow Estimate:
$2,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,112,780
2025
$406,580
$706,200
$1,112,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,112,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$276,914
No
First
Sep 30, 2014
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,884
$906,896
81%
19%
$1,661/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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198 Serrano Court | Property Details | No Agent List