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$896,350

501 Kemp Road, Weatherford, TX, 76087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,968 Sq Ft
FarmFarm
price_per_sqft$584.35 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Washer, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size29.08 acres

Building Information

Garage Spaces2

Land Information

APN22491-002-000-50
Land UseAgriculture / Farming
Legal DescriptionACRES: 29.080 ABST: 2491 SURVEY: GAZE JOHN
Census Tract140604
Assessed Land Value$896,350
Assessment Year2025

About this property

54 Beautiful acres. One owner home built in 1968. Fully fenced and cross fenced. Pole Barn with electricity. Seasonal creek across middle of property. 2 seasonal tanks. Front side is pasture and across the creek on the back side is a combination of pasture and a few trees. Heavily treed along the creek. Home is approximately .5 miles off FM 51 to Granbury. House sits on a hill with a gorgeous view of the property. House needs some updating.

Investor Tools

Property Icon
$896,350
Estimated Property Value
$0Estimated Mortgage Balance
$896,350Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$896,350
2025
$896,350
N/A
$896,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$896,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$896,350
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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501 Kemp Road | Property Details | No Agent List