$2,250,000

187 Gibson Ln Unit 171 - 187 Odd Number Weatherford, TX 76088

Estimated payment $12,647/month

Total Views 3,333
3 Beds
2 Baths
2,330 Sq Ft
$966 Price per Sq Ft

Highlights

  • Dumbwaiter
  • 2 Attached Carport Spaces
  • Concrete Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

FULLY LEASED! Excellent income potential. Eight 3 bedroom, 2 bath units on well and septic in exceptional Peaster ISD plus large shop.

Listing Agent

Teresa Willhite

Fathom Realty LLC Brokerage Phone: 888-455-6040 License #0538527 Listed on: 01/03/2025

Fathom Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,934

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot

Parking

  • 2 Attached Carport Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Concrete Flooring

Kitchen

  • Dumbwaiter
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Peaster Elementary School
  • Peaster High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number R000096744

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • 2,330 Sq Ft Building
  • Zion Hill Estates Subdivision

Building Details

  • Gross Income $150,600
  • Net Operating Income $116,529

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,934

Year Built

Built in 2009

Lot Details

0

Listing Details

  • OWNERNAME: Frysinger Investments
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 888-455-6040
  • CapRate: 5.18
  • Co List Office Mls Id: FATH02
  • Special Features: VirtualTour
  • Year Built: 2009

Interior Features

  • Interior Amenities: Dumbwaiter
  • Flooring: Concrete
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Attached Carport
  • GarageYN: No

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Heating: Central, Electric
  • Utilities: Septic Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Peaster
  • High School: Peaster
  • Junior High Dist: Peaster ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 1.004
  • Parcel Number: R000096744
  • Lot Size Acres: 1.004
  • Lot Size Sq Ft: 43734.24

Building Info

  • Year Built: 2009
  • Units Total: 8

Multi Family

  • Insurance Expense: 10359.0
  • Annual Gross Income: 150600.0
  • Property Net Operating Income: 116529.0

Tax Info

  • TaxBlock: 1
  • Tax Lot: 1
  • Tax Annual Amount: 4934.0

MLS Schools

  • MiddleOrJuniorSchool: Peaster

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $2,250,000 0.0% $966 / Sq Ft
06/16/2025 06/16/25 Off Market -- -- --
01/04/2025 01/04/25 For Sale $2,250,000 -- $966 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20808993

North Texas Real Estate Information Systems (NTREIS)