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$342,000

NAL Estimated Property Value

2911 Mineral Wells Highway, Weatherford, TX, 76088

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths600 Sq Ft
price_per_sqft$800 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size2.12 acres

Building Information

Stories1
Garage Spaces2

Land Information

APN21260-009-000-00
Land UseResidential
Legal DescriptionACRES: 2.119 ABST: 1260 SURVEY: SPRACKLIN WM
Census Tract140601
Assessed Land Value$299,990
Assessed Improvement Value$40,590
Assessment Year2025

About this property

Discover over 2 acres of prime real estate with over 300 feet of frontage on Mineral Wells Hwy, adjacent to Greenlee Industrial Park. This property, formerly used as a residence and located outside city limits, offers an exceptional opportunity for industrial or commercial development. All utilities are in place, including Coop water, with a well already drilled. An approximately 600-square-foot shop with a slab foundation and roll-up doors is ready for use. The property's excellent accessibility and visibility make it a perfect choice for investment in this growing area. Please note: The house on the property is not to be accessed per the owner's instructions, as it may be unsafe. Don't miss this unique opportunity to invest in a rapidly developing region!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$1,282,996Estimated Mortgage Balance
$342,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$340,580
2025
$299,990
$40,590
$340,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$340,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Unknown
$960,000
No
First
Mar 13, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,282,996
N/A
0%
375%
$7,855/mo

City: Weatherford