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Fully Leased Multifamily Income Property
For Sale
$2,000,000

155 Gibson Lane, Weatherford, TX 76088

MULTI_FAMILY - Weatherford, TX

Lot Size1.00 Acres
Days on Market15

Property Features for 155 Gibson Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 16
Parking features Carport
Interior features Dumbwaiter
Appliances Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal
Subdivision Zion Hill Estates
Elementary school Peaster
Middle school Peaster
High school Peaster
Elementary school district Peaster ISD
Middle school district Peaster ISD
High school district Peaster ISD
Directions i-20 to Center Point exit. North on Center Point which turns into Ric Williamson (East Loop). Right on Zion Hill Road to left on Gibson Lane
Standard status Active
APN R000090129
Lot size 1.00 Acres

Taxes and HOA fees

Tax Description ACRES: 1.004 LOT: 11 & 12 BLK: 1 SUBD: ZION HILL E
Tax Annual Amount 4934
Legal Description ACRES: 1.004 LOT: 11 & 12 BLK: 1 SUBD: ZION HILL E

Utilities

Sewer type Aerobic Septic, Septic Tank
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Well

Building Details

Year built 2009
Floors in Building 1
Number of units 8
Flooring type Concrete
Building materials Brick
Roof type Composition
Listing Agency: Fathom Realty
Listed By: Woody Willhite · License #0513506
Added: Jul 17 Changed: Jul 20 Last Checked: Jul 31 at 12:06AM
MLS# 21254633

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.

Investment Insights

Based on property information with market context.

This fully leased multifamily property features eight residential units, each configured as a 3-bedroom, 2-bath layout. The site is supported by well and septic utilities, providing independent service for the community. With all units currently leased, the property presents an income-focused opportunity positioned for investors seeking steady occupancy.

Located at 155 Gibson Lane in Weatherford, Texas (Parker County), the community falls within Peaster ISD. The property sits on just over one acre of land, offering a contained residential setting with room for an investor to manage and operate as a small multi-family asset.

Given the uniform unit mix and current lease status, this building may appeal to buyers looking for straightforward operations around a consistent floorplan. The well/septic setup can also be a practical fit for investors comfortable with maintaining on-site utilities while holding a fully leased income stream. With its established occupancy and mix of 3-bedroom units, it’s a functional option for long-term residential income planning.

Key Highlights

  • Fully leased, with eight 3‑bedroom, 2‑bath units
  • Built in 2009 and constructed with brick exterior
  • Water source is a well; sewer includes septic tank and aerobic septic

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Home Appliance Store Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 76088, TX

13,794
Population
5,573
Households
2.5
Avg Household Size
42
Median Age
30%
College-Educated
93%
High-School Grad
161.5 sq mi
ZIP Area
85
Density / Sq Mi
$107,431
Median Household Income
$53,282
Median Earnings
$1,443
Median Rent
$374,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily with eight 3-bed, 2-bath units in Peaster ISD, served by well and septic.
Where is this apartment building located?
The property is located at 155 Gibson Lane Weatherford, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully leased, with eight 3‑bedroom, 2‑bath units; Built in 2009 and constructed with brick exterior; Water source is a well; sewer includes septic tank and aerobic septic
More about this property
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