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$275,000

545 Ellis Drive, Weatherford, TX, 76088

$357,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.63 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size32,365 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN20495-017-003-00
Land UseResidential
Legal DescriptionACRES: 0.743 ABST: 495 SURVEY: GREEN F L
Census Tract140601
Assessed Land Value$75,000
Assessed Improvement Value$308,240
Assessment Year2025

About this property

The perfect starter home super close to town but OUTSIDE CITY LIMITS on close to an acre and surrounded by trees providing shade and tons of PRIVACY! Updated wood look tile floors, painted inside and out in 2018, brought in 6 inches of road base to extend parking! Super nice covered parking that can double as a cool huge covered patio area with mega storage above. Two storage buildings that can also be used as a man cave! Great split layout with excellent sized primary bedroom with sliding glass doors to the patio. Amazing laundry room with tons of storage! You'll love the picture window surrounding the kitchen sink while you cook dinner with your fantastic double oven! Come see this peaceful awesome place!

Investor Tools

Property Icon
$429,000
Estimated Property Value
$0Estimated Mortgage Balance
$130,973Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$357,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$179/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$383,240
2025
$75,000
$308,240
$383,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$383,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$269,037
Yes
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,027
$130,973
30%
69%
$1,991/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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545 Ellis Drive | Property Details | No Agent List