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$1,250,000

2701 N FM 51, Weatherford, TX, 76085

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$462.62 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringAdobe, Carpet, Clay, Combination, Varies

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard, Storage
Lot Size1 acre

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN20818-002-001-00
Land UseAgriculture / Farming
Legal DescriptionACRES: 1.000 ABST: 818 SURVEY: LEE GEORGE TR: BLK: SURV: GEORGE LEE
Census Tract140503
Assessed Land Value$23,580
Assessed Improvement Value$357,900
Assessment Year2025

About this property

The horse setup you need. The location you want. Rarely does a turn-key equestrian property offer this level of infrastructure and privacy just 3 miles from the heart of Weatherford. Set on 42 acres of pasture and mature trees, this property was thoughtfully designed around the way horses are actually managed. Seven fenced and cross-fenced turnouts connect for easy movement back to the barns, with water, electric and shelter throughout. The main 8-stall barn features oversized stalls, including 4 - 15x15 foaling stalls, 4 - 12x12 stalls, 20ft covered runs, heat lamps, automatic waterers available, fly spray system and a vet treatment area with stocks. A second barn adds 3 additional stalls and covered runs. There's also a 98ftx68ft riding area, round pen, hot walker connection, covered trailer parking and a 40ftx40ft equipment & hay barn with water and electric, plus room to expand to add a large outdoor arena, if desired. A private well with two 60-gallon pressure tanks supports the property. The multi-level home brings character of its own with soaring 20ft ceilings, 2 wood-burning fireplaces, saltillo tile, 7 skylights, oversized windows and a spiral staircase leading to a loft library. A new Class IV roof was installed June 2026, along with numerous recent repairs and system updates. Two gated FM 51 entrances provide easy access, while mature trees create remarkable privacy. Approximately 1mi to Rick Williamson Loop, 3mi to Downtown Weatherford and convenient to local area equine veterinary facilities, I-20 and Will Rogers Memorial Center. Fully equipped for the horses. Convenient for you.

Investor Tools

$0Estimated Mortgage Balance
$381,480Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Kate Hogan

Keller Williams Heritage West

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$381,480
2025
$23,580
$357,900
$381,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$381,480

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$381,480
100%
0%
$0/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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