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Agricultural Property with Residence

1930-1B Old Mineral Wells Highway Weatherford, TX 76088

1930-1B Old Mineral Wells Highway, Weatherford, TX, 76088
$899,900
For Sale
Claim this Listing
$899,900

COMMERCIAL - Weatherford, TX

Property Size2,000 SF
Lot Size7.88 Acres
Price / SF$449.95
AddedJun 16
Days on Market30
Last RefreshJul 15 at 4:06 am

Property Features for 1930-1B Old Mineral Wells Highway

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Covered, Garage
Standard status
Active
APN
R000075613
Lot size
7.88 Acres

Taxes and HOA fees

Tax Description
ACRES: 6.875 BLK: A SUBD: FIELDS ADDN TRACT:
Tax Annual Amount
14

Utilities

Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Well

Building Details

Year built
2001
Floors in Building
1
Number of units
1
Flooring type
Combination
Roof type
Composition

Listing agent Roxie Davidson License #0362167

Listing office Roxie Davidson Real Estate Weatherford, TX

Listing date Jun 16, 2026

MLS# 21243352

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 property is offered with 7.875 acres and a 2,000+ square foot home, providing an existing base for multiple operating styles. The configuration supports owner-occupied living while also accommodating additional uses that may include a hobby farm setup, livestock, or on-site management needs.

The site is described as being near city services, offering a practical balance between acreage use and access to municipal conveniences. The offering is positioned for buyers who want space for equipment and day-to-day operations, with room to organize activity across the property.

For tenants or buyers considering a residential income or mixed-use approach, the remarks indicate potential for tiny home rentals with a manager’s home on-site. For operators with a work vehicle or construction background, the acreage is also presented as providing ample space for equipment storage. With the home already in place and additional land for flexible use, this is a property to evaluate based on your specific business or lifestyle plan.

Key Highlights

  • 7.85‑acre property with a 2000+ SF home (Year built: 2001)
  • Central heating and central air conditioning
  • Covered parking and garage parking

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.9k $30.96
− Vacancy −$6.6k −$3.31
EGI $55.3k $27.65
− OpEx −$24.9k −$12.44
NOI $30.4k $15.21
2,000 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$434.5K
$380.2K – $506.9K (±1% cap)
NOI $30,412 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,113 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Restaurant Spa & Massage Center Hair Salon Auto Parts Store Nail Salon Gym & Fitness Center Storage Facility Furniture & Home Goods Food Market Department Store

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

FAQs

What type of property is this?
Farm - A sizable acreage with a 2,000+ sq ft home, suited for hobby farming, rentals, or equipment storage.
Where is this farm located?
The property is located at 1930-1B Old Mineral Wells Highway Weatherford, TX.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 7.85‑acre property with a 2000+ SF home (Year built: 2001); Central heating and central air conditioning; Covered parking and garage parking
Contact an agent
More about this property
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