Last 24 Hours
$364,600
NAL Estimated Property Value2538 S Main Street, Weatherford, TX, 76087
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size40,511 sqft
Land Information
APN20785-010-000-00
Land UseResidential
Legal DescriptionACRES: 0.930 ABST: 785 SURVEY: KROUSE A M
Census Tract140604
Assessed Land Value$364,600
Assessment Year2025
About this property
OWNER WILL CONSIDER A TRADE! Rapidly developing commercial area, numerous retail businesses, restaurants (Lowe's, Target, On The Border, Chick-fil-A) and large shopping center in the immediate area. Just blocks from I-20, State Hwy frontage, HIGH TRAFFIC COUNT. Old well and septic on the property - condition unknown. Structures have been removed. Currently no City Water or Sewer to the property.
Investor Tools
$364,600
Estimated Property Value
$263,976Estimated Mortgage Balance
$100,624Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$364,600
2025
$364,600
N/A
$364,600
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$364,600
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Purchase Money Mortgage
$273,375
No
First
Jun 14, 2024
Jun 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,976
$100,624
27%
72%
$1,640/mo
12.4%