$109,000
●
Land -
For Sale
1304 Advance Road
Weatherford, TX 76088
Studio
0 Bath
$577
Est. Monthly
$42
HOA / Fees
About This Property
ONLY A FEW LOTS REMAINING!! Welcome to Reata Ranch in Weatherford,
where the beauty of wide-open Texas land meets a community designed
with intention. These 2+ acre homesites offer the space, privacy
and setting to create your dream home, all within the highly
desirable Peaster ISD. BRING YOUR OWN BUILDER, and design a home
that fits your lifestyle, while maintaining the integrity and
vision of the community through established architectural
guidelines. Located just outside of Weatherford, you'll enjoy the
quiet of country living while still being close to everything you
need. LIMITED LOTS AVAILABLE, SO NOW IS THE TIME to secure your
place in one of Parker County's most desirable acreage communities.
Reata Ranch isn't just a place to build. It's a place to belong
Unit Size
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Days on Market
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Land Size
2.46 acres
Price per sqft
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Property Type
Land
Property Taxes
-
HOA Dues
$42
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (NTREIS #21251351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2026 | Listed by Texas Legacy Real Estate Group, LLC | $109,000 | |
| Listed by Texas Legacy Real Estate Group, LLC | |||
| Apr 16, 2025 | No longer available | - | |
| No longer available | |||
| Jul 15, 2024 | Listed by Don Bell Properties, LLC | $119,000 | |
| Listed by Don Bell Properties, LLC | |||
| | |||
|
Don’t miss your chance!
Only a few lots remain in the picturesque Reata Ranch addition, situated in the Peaster ISD. Now is the perfect time to bring your builder and create your dream home on a 2+ acre lot. Nestled in a private setting, this community features sandy topsoil and mature hardwood trees; perfect for your horses! The entry is located on Advance Road, just off Hwy 1885.
| |||
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2019 | Listed | $60,000 | |
| Listed | |||
| | |||
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Prestigious Reata Ranch! Build your custom dream home within this beautiful, private subdivision. Stunning views, large hardwood trees, several ponds and 2+ac lots! Wonderful equestrian accommodations within an amazing barn. Large riding arena. Playground for the kids, complete with a playhouse and so much more! Enjoy peaceful living, see the deer and wildlife. Peaster ISD, only 10 minutes from Weatherford. Don’t miss out, come see it today and claim your lot!
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Property Highlights
Exterior Details
Lot Features: Irregular Lot, Acreage, Subdivision
Lot Size Area: 2.455
Lot Size Units: Acres
Lot Size Acres: 2.455
Lot Size Square Feet: 106939.8
Tax Lot: 1
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $500
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Parker
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Listed by: Sherri Johnson, Texas Legacy Real Estate Group, LLC
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21251351
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21251351
Details provided by NTREIS and may not match the public record
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