$370,000
1231 E Lake Dr, Weatherford, TX, 76087
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Electric Range
FlooringCombination
Exterior
Exterior FeaturesBuilt-in Barbecue, Dock
Lot Size10,194 sqft
Building Information
Year Built2002
Stories1
Garage Spaces1
Land Information
APNR000015562
SubdivisionLake Weatherford
Land UseResidential
Legal DescriptionLOT: LEASEHOLD 305 SUBD: LAKE WEATHERFORD
Census Tract140714
Assessed Improvement Value$138,020
Assessment Year2026
About this property
Enjoy weekend escapes at this Lake Weatherford waterfront. Two beds, one bath, with fresh paint, updated flooring, and refreshed kitchen with granite countertops and cabinets. Wake up to open water views framed by mature trees, relax on the covered front patio, and head down to the recently updated covered dock for easy lake days. The detached garage adds flexible space for storage or hangout potential. Ideal as a low-maintenance weekend retreat or full-time home for someone craving that lakefront lock-and-leave lifestyle.
Investor Tools
$0Estimated Mortgage Balance
$350,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,659
$138,020
2026
N/A
$138,020
$138,020
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,659
$138,020
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,000
100%
0%
$0/mo
