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Parker 76088
2101 Ranger Highway
$387,500
● House - Off Market

2101 Ranger Highway

Weatherford, TX 76088
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,210 Ft²
$424,355
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Commercial opportunity outside the city limits with great access to I-20 and Downtown Weatherford.  This 3 acre tract is one of only a few available that is not inside the city limits.  Endless opportunities for Investment or your own business. House has been partially gutted for remodel. Two detached garages to house 3 vehicles. One of the garages has a heated and cooled office attached. Should have plat approval by the city within 60 days.
Unit Size
1,210 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$331
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
2020

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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 #20167495)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Sep 26, 2022 Listed by Williams Trew Real Estate $400,000
Listed by Williams Trew Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • 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 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: 141,570
  • Lot Size Frontage Feet: 0
  • Total Building Area: 12,000
  • Gross Building Area: 12,000
  • Building Area: 12,000
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000003250
  • Standard Land Use Code: 2000
  • County Land Use Code: F1
  • Legal Description 1: ACRES: 3.250 ABST: 495 SURVEY: GREEN F L KYLE ZANETTI TAILERS

Neighborhood

  • School District Name: Weatherford Independent School District
  • School Tax School District: JR COLLEGE DIST
  • School Tax District Code 2: EMERGY SERV # 7
  • School Tax District Code 3: HOSPITAL DIST
  • Census Tract: 140601

Geography

  • Assessors Map Reference: E-15
  • Parcel: 20495-010-001-10
  • Latitude: 32.7407
  • Longitude: -97.8485

    Address

  • Full Address: 2101 Ranger Hwy
  • Address - House Number: 2101
  • Address - Street Name: Ranger
  • Address - Suffix Type: Hwy
  • State: TX
  • City Name: Weatherford
  • Carrier Code: H053
  • 4-Digit Zip Code: 9106
  • Zip Code: 76088

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,530,225
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: LTR WE

    Market Valuation

  • Market Total Value: $821,910
  • Market Land Value: $120,160
  • Market Improvement Value: $701,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $821,910
  • Assessed Land Value: $120,160
  • Assessed Improvements Value: $701,750
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

77

Average Home Size

2502 ft²

Average Home Age

-

Currently For Sale

1181 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 1437 W Ball Street, Weatherford, TX, 76086

$1,825 /mo

  • 3 Beds
  • 1 Bath
  • 1,350 ft²
1437 W Ball Street, Weatherford, TX, 76086 Listing by Andrew Bryant

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Stephen Reich, Williams Trew Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20167495
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2101 Ranger Highway built and last sold?
The property at 2101 Ranger Highway was built in 2020 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2101 Ranger Highway is $0.
What are some comparable homes to 2101 Ranger Highway?
There are currently no comparable homes to 2101 Ranger Highway.
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