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$1,079,500

508 S Lamar St, Weatherford, TX, 76086

Off Market

4 Beds

5 Bath

3,869 Sq Ft

Single Family Residence

$279.01 / sqft

Built in 1889

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 5

Garage Available

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator

FlooringHardwood

Building Information

Year Built1889

Garage Spaces4

Land Information

APN14900-015-004-00

Lot Number4

SubdivisionMccalls

Land UseResidential

Legal DescriptionLOT: 4 & 3 BLK: 15 SUBD: MCCALLS

Census Tract140300

Assessed Land Value$150,000

Assessed Improvement Value$748,910

Assessment Year2025

About this property

Located in the historic district this meticulously maintained queen ann sits on one of the most cherished lots in Weatherford. Just over one acre in the heart of town-walking distance to Chandor Gardens & Cherry Park. Known to Parker County as the Eddleman-McFarland home you will have a chance to own a part of history. Construction began in 1887 -the home was completed in 1889 - having only had 6 previous owners over its 136 years of life. The interior of the home offers modern day conveniences while still holding the charm & quality historic homes offer. Beautiful inlaid wood floors, high ceilings, antique lighting, ornate woodwork & 2 working gas fireplaces are just a few of the things that will captivate you. The 3rd floor is a child’s dream or perfect place for any hobby. Enjoy one of the many sitting areas outdoors, cool off in the pool, or relax on the screened porch. Large basement -great for extra storage and storm shelter if needed. Garage has a mudroom & half bath.

Investor Tools

$898,910

Estimated Property Value

$732,000Estimated Mortgage Balance

$210,757Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,477 /month

Positive

Cash Flow Estimate:

$2,159 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,468/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$898,910

2025

$150,000

$748,910

$898,910

Tax History

Year

Tax Paid

Assessed Value

2025

N/A

$898,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Stand Alone Second / Subordinate Position

$732,000

First

Feb 23, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$688,153

$210,757

23%

77%

$4,389/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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