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$1,445,000

$1,545,000

3220 Mineral Wells Hwy, Weatherford, TX, 76088

On MarketInfo
CommercialInfo
Price DropInfo
Baths0 Bath
Baths6,413 Sq Ft
BusinessBusiness
price_per_sqft$225.32 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size1 acre

Land Information

APNR000094256
SubdivisionWillow Lake Farms Addn
Land UseCommercial
Legal DescriptionACRES: 1.000 SUBD: WILLOW LAKE FARMS ADDN TRACT: PT A **SEE NOTES**
Census Tract140502
Assessed Land Value$10,000
Assessed Improvement Value$840,990
Assessment Year2024

About this property

Premier Event Venue and Development Opportunity on US Highway 180. Spanning 15.92 acres along the highly trafficked US Highway 180 (Mineral Wells Hwy), this exceptional property boasts over 1,100 feet of valuable Highway 180 frontage and is located just 4 miles from historic downtown Weatherford, Texas. This versatile property has long served Parker County as a popular event center, conference center and wedding venue. It includes three primary buildings, a historic log cabin, and beautifully wooded acreage with several trails and garden areas. Main Building The two-story main building features: 3264 sqf total two restrooms Dressing rooms Bar and kitchen area Upstairs event space: 600 sf, seating for 50 guests Main floor: covers over 2600 sf and seating for 120 guests Pavilion The second building is a spacious pavilion, ideal for smaller gatherings, with: 2007 sf of covered space, two restrooms and a kitchen and will seat 125 indoors and 250 outdoors. Located at the entrance of the property is an office featuring: 1200 sf of space and one full bath Additional Features A charming historic settler’s log cabin located beside the main venue, offering potential as a short-term rental with minimal renovation Numerous mature trees, gardens and scenic trails across the front of the property along with a small lake, private water well and 3 septic systems. Behind the main event building is a lighted outdoor entertainment area that includes a stage, dance floor and covered seating. Investment Potential This property offers exceptional potential for future development, such as an RV park, Industrial Park or can continue as a turnkey event center. Don't miss this rare opportunity to own a prominent piece of Parker County real estate with endless possibilities. Buyer and Buyers agent should confirm all information is accurate.

Investor Tools

Property Icon
$850,990
Estimated Property Value
$0Estimated Mortgage Balance
$850,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,670 /month
Positive
Cash Flow Estimate:
$2,890 /month

Interested in this property?

Phillip Sanders

The Platinum Group RE, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,088
$850,990
2024
$10,000
$840,990
$850,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,088
$850,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$850,990
100%
0%
$0/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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3220 Mineral Wells Hwy | Property Details | No Agent List