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Parker 76088
1802 Ranger Highway
$725,000
● Land - Off Market

1802 Ranger Highway

Weatherford, TX 76088
bedrooms
Studio
bathrooms
0 Bath
$4,332
Est. Monthly
2.39%
Cap Rate

About This Property

Great commercial site with high visibility and 553 feet of frontage on Ranger Hwy.  Electricity is readily available on-site as well as a water well.  

Situated on gently sloping terrain with a pond.  This property provides an ideal setting for commercial or industrial development.  Located outside city limits.
Unit Size
-
Days on Market
-
Land Size
9.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$408
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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: 3 years ago (NTREIS #20336687)

Price History

Date / Event Date Event Price
Jun 24, 2024 Sold
Premium
Sold
May 23, 2023 Listed by CLARK REAL ESTATE GROUP $799,000
Listed by CLARK REAL ESTATE GROUP

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 400
  • Gross Building Area: 400
  • Building Area: 400
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000000590
  • Standard Land Use Code: 7001
  • County Land Use Code: E1
  • Legal Description 1: ACRES: 8.200 ABST: 133 SURVEY: BROWN THOMAS

Neighborhood

  • School District Name: Weatherford Independent School District
  • School Tax School District: JR COLLEGE DIST
  • School Tax District Code 2: EMERGENCY SVC 7
  • School Tax District Code 3: EMERGENCY SVC 7
  • Census Tract: 140300

Geography

  • Assessors Map Reference: G-15
  • Parcel: 20133-013-000-10
  • Municipality: WEATHERFORD
  • Latitude: 32.7478
  • Longitude: -97.839

    Address

  • Full Address: 1802 Ranger Hwy
  • Address - House Number: 1802
  • Address - Street Name: Ranger
  • Address - Suffix Type: Hwy
  • State: TX
  • City Name: Weatherford
  • Carrier Code: R039
  • 4-Digit Zip Code: 9138
  • Zip Code: 76088

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $25,966
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: COL ES7 HO

    Market Valuation

  • Market Total Value: $17,920
  • Market Land Value: $17,380
  • Market Improvement Value: $540

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $17,920
  • Assessed Land Value: $17,380
  • Assessed Improvements Value: $540

    Sales

  • Current Sale Contract Date: Jun 03, 2014
  • Current Sale Recording Date: Aug 20, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201416476
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Parker

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2504 ft²

Average Home Age

-

Currently For Sale

1179 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 301 Garner Road, Weatherford, TX, 76086

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,152 ft²
301 Garner Road, Weatherford, TX, 76086 Listing by Paula Mitchell
Unit for rent at 2005 Lindentree Drive, Weatherford, TX, 76086

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
2005 Lindentree Drive, Weatherford, TX, 76086 Listing by Keaton Kerrigan

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Tim Clark, CLARK REAL ESTATE GROUP
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20336687
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1802 Ranger Highway built and last sold?
The property at 1802 Ranger Highway was built in and last sold on Jun 3, 2014 for $0.
How much is this home worth?
The estimated value of the home located at 1802 Ranger Highway is $0.
What are some comparable homes to 1802 Ranger Highway?
There are currently no comparable homes to 1802 Ranger Highway.
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