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$530,000

2001 Redemption Drive, Weatherford, TX, 76088

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,355 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.05 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size2 acres

Building Information

Stories2
Garage Spaces2

Land Information

APNR000124348
Lot Number57
Land UseResidential
Legal DescriptionACRES: 2.000 LOT: 57 BLK: A SUBD: FREEMAN RANCH F-426;F-458
Census Tract140502
Assessed Land Value$150,000
Assessed Improvement Value$337,000
Assessment Year2025

About this property

Motivated sellers!!!! Welcome to Freeman Ranch where space and comfort meet! Nice 2 acre corner lot, the first home you see when pulling into the neighborhood, this two story property makes a lasting first impression. Inside you'll find a thoughtfully designed floor plan featuring 3 bedrooms and a designated office perfect for working from home or a quiet retreat. There are two living areas, one downstairs and one upstairs and both offer a warm, cozy feel. Step outside and enjoy a fantastic outdoor space. Made for relaxing evening and weekend gatherings. With this lot there is plenty of room to roam, garden or even expand. You have to come see it in person!

Investor Tools

$416,583Estimated Mortgage Balance
$118,417Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Brenay Lee

Chase Realty DFW

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$487,000
2025
$150,000
$337,000
$487,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$487,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$424,050
No
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,583
$118,417
22%
78%
$2,543/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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2001 Redemption Drive | Property Details | No Agent List