Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1061 Woodland Rd Weatherford, TX 76088

    View on Map
    Sponsored
    For Sale
    $169,000

    Unimproved Land - Weatherford, TX

    Type:Unimproved Land
    Lot size:
    2.04 Acres
    Days on Market:
    17
    Last Refresh:
    Mar 6 at 12:06 am

    Property Features for 1061 Woodland Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000117763
    Lot size
    2.04 Acres

    Taxes and HOA fees

    Expense value
    1500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sherri Johnson

    Texas Legacy Real Estate Group, LLC (817) 243-4366

    Listing agent Sherri Johnson (817) 243-4366 License #0674016

    Listing date Feb 18, 2026

    MLS# 21175305 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land in Gated Community

    Available for sale are 2+ acre lots situated within the gated Woodland Lakes community. Located in close proximity to Ric Williams, with access from both Hwy 920 and Zion Hill, the property is approximately five minutes from Weatherford and 40 minutes from Fort Worth. The land is located within the Peaster Independent School District. The area features mature trees, wildlife, and several ponds. According to the listing, prospective buyers will need to install a septic system and well. Propane is optional. The lot size is approximately 2.04 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Hair Salon Department Store Auto Parts Store Clothing & Fashion Store Carpet & Flooring Store Clothing & Fashion Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.829936
    Latitude
    32.799177

    Nearby Similar for Sale

    • $350,000
      870 SF

      Waterfront RV Resort Opportunity

      Turnkey waterfront RV resort with diversified revenue streams.
      133 Chavez Trl, Weatherford, TX 76087
      View Details
    • New
      $215,000
      2,158 SF

      Weatherford Commercial Property with Solar

      Commercial property in Weatherford, TX, suitable for various businesses.
      205 S Line St, Weatherford, TX 76086
      View Details
    • $700,000
      7,200 SF

      Weatherford Industrial Property with Warehouse

      7,200 SF industrial property with warehouse and office space.
      221 Judd St, Weatherford, TX 76088
      View Details
    • New
      $1,395,000
      4.34 Acres

      Weatherford Warehouse with Office Space

      6,500 SF warehouse with office and shop space for sale.
      125 Winners Cir, Weatherford, TX 76087
      View Details
    • $899,000
      5.00 Acres

      Weatherford Retail Opportunity on Highway

      5-acre property with highway frontage, suitable for commercial use.
      6502 Mineral Wells Hwy, Weatherford, TX 76088
      View Details
    • $879,900
      3.10 Acres

      Victorian Home on 3.1 Acres

      130-year-old Victorian home zoned for light commercial use.
      1105 Palo Pinto St, Weatherford, TX 76086
      View Details
    • $3,500,000
      5.01 Acres

      Versatile Property Near Interstate 20

      5+ acre property with versatile structure and high visibility.
      7530 W Interstate 20, Weatherford, TX 76088
      View Details
    • $2,300,000
      17,500 SF

      Showroom and Warehouse on I-20

      17,500 SF showroom/warehouse on I-20 service road.
      3879 Fort Worth Hwy, Weatherford, TX 76087
      View Details
    • $699,900
      2,095 SF

      Weatherford Barndominium on 12 Acres

      Barndominium on 12.25 acres near downtown Weatherford, Texas.
      1170 Harmony Cir, Weatherford, TX 76087
      View Details
    • $1,250,000
      3,600 SF

      Established Automotive Repair Shop

      Turn-key automotive repair shop with extensive customer base.
      1327 Fort Worth Hwy, Weatherford, TX 76086
      View Details
    • $2,749,000
      20,506 SF

      Weatherford Industrial Property Near I-20

      Industrial property with multiple buildings, near I-20 in Weatherford, TX.
      3008 Ranger Hwy, Weatherford, TX 76088
      View Details
    • $500,000
      0.40 Acres

      Retail/Office Building in Weatherford, TX

      Retail/office building with two spaces, each with restroom.
      1220 B Ft Worth Hwy St, Weatherford, TX 76086
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2+ acre lot in Peaster ISD, near Weatherford.
    Where is this residential land & home lot located?
    The property is located at 1061 Woodland Rd Weatherford, TX.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: - 2+ acre lot in the gated Woodland Lakes community.; - Located in the highly sought-after Peaster ISD.; - Abundance of mature trees, wildlife, and several ponds.
    (817) 243-4366
    Request Owner's contact information
    1061 Woodland Rd Weatherford, TX 76088
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1061 Woodland Rd
    Weatherford, TX 76088
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1061 Woodland Rd Weatherford, TX 76088
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sherri Johnson
    Real Estate License ID: 0674016
    (817) 243-4366 (817) 441-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!