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$330,000

405 Lockwood Ln, Weatherford, TX, 76087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.68 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesDog Run
Lot Size9,060 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN14635-004-001-00
Lot Number1
SubdivisionLockwood Estates
Land UseResidential
Legal DescriptionACRES: 0.208 SUBD: LOCKWOOD ESTATES LOT: 1 BLK: 4
Census Tract140708
Assessed Land Value$50,000
Assessed Improvement Value$267,110
Assessment Year2025

About this property

Welcome to this beautifully maintained home offering easy access to I-20 and all that Weatherford has to offer—without the road noise. Located in a sought-after neighborhood, this home sits on one of the largest lots in the subdivision, providing a generous backyard perfect for entertaining, playing, or simply enjoying some peaceful outdoor space. Inside, you’ll find an open-concept layout designed with entertaining in mind. The spacious living area features a stunning stone fireplace, creating a warm and inviting centerpiece. The home has been thoughtfully updated with a new roof in 2023 and fresh interior paint completed in April 2025, including a freshly painted garage door for great curb appeal. Whether you’re hosting friends for a summer barbecue or enjoying a cozy night in by the fire, this home blends comfort, style, and convenience in one exceptional package.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$315,250Estimated Mortgage Balance
$11,360Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$317,110
2025
$50,000
$267,110
$317,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$317,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Unknown
$315,250
No
First
Jul 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,640
$11,360
3%
96%
$1,891/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.

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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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405 Lockwood Ln | Property Details | No Agent List