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$493,000

NAL Estimated Property Value

2136 N Fm 51, Weatherford, TX, 76085

$640,900 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,216 Sq Ft
price_per_sqft$157.9 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.88 acres

Building Information

Year Built1979
Stories1
Garage Spaces1

Land Information

APN20584-010-001-00
Land UseResidential
Legal DescriptionACRES: 1.880 ABST: 584 SURVEY: HALL PETER S TR: BLK: SURV: PETER S HALL
Census Tract140411
Assessed Land Value$185,870
Assessed Improvement Value$263,460
Assessment Year2025

About this property

THIS PROPERTY HAS IT ALLLLLL!!!! Almost two acres with a creek and beautiful trees, right outside city limits-literally seconds to town. The property features TWO homes- the main home is 2200 sq ft, 4 bedrooms, 3 bathrooms, large living dining kitchen with beautiful rock accents and fireplace. The beautiful kitchen has gas cook-top, stove and ALL APPLIANCES convey including the washer and dryer! The second house fronts 51 North and could be an office, AIRBNB, guest house, etc. the list goes on! Each house has it's own well and septic and two car carport. For the handyman- there's a metal workshop with electricity! What else could you want? This is a one of a kind property and it won't last long! HURRY!

Investor Tools

Property Icon
$493,000
Estimated Property Value
$272,448Estimated Mortgage Balance
$220,552Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$640,900
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$449,330
2025
$185,870
$263,460
$449,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$449,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$304,200
No
First
Dec 10, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,448
$220,552
44%
55%
$1,824/mo

Learn About the Market: Opportunity in Texas

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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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2136 N Fm 51 | Property Details | No Agent List