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$309,900

388 Paloma St, Weatherford, TX, 76087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,901 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.02 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,882 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN14636-005-023-00
Lot Number23
SubdivisionLockwood Phase Iv Addition
Land UseResidential Single Family
Legal DescriptionACRES: 0.158 LOT: 23 BLK: 5 SUBD: LOCKWOOD PHASE IV ADDITION PC E-400
Census Tract140708
Assessed Land Value$50,000
Assessed Improvement Value$323,390
Assessment Year2025

About this property

New Construction! Why wait for the builder to complete a home, when you can have one ready to go?! This absolutely stunning 3 bed 2 bath home is light, bright, and airy from the moment you walk in. This home feels huge with vaulted ceilings and open concept kitchen into the living and dining area. Kitchen boasts big beautiful white cabinets with plenty of storage space, white and gray granite countertops with clean lines, and tons of space for entertaining. You will love having friends over to your new home. The split bedrooms with the master suite in the back of the house, fenced private yard, and covered porch create a great space for family and friends to visit. Do not miss this home. Move in ready!

Investor Tools

Property Icon
$379,000
Estimated Property Value
$310,400Estimated Mortgage Balance
$97,706Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$373,390
2025
$50,000
$323,390
$373,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$373,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$310,400
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,836
$97,164
25%
74%
$1,862/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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388 Paloma St | Property Details | No Agent List