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    250 Lakeview Ct Weatherford, TX 76088

    Sponsored
    For Sale
    $995,000

    Ranch,Traditional, Farm/Ranch - Weatherford, TX

    Type:Farm
    Property size:
    2,853 SF
    Lot size:
    26.47 Acres
    Days on Market:
    20
    Last Refresh:
    Jan 25 at 4:06 am

    Property Features for 250 Lakeview Ct

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    APN
    R000013904
    Parking features
    Driveway
    Interior features
    Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Pantry, Walk-in Closet(s)
    Exterior features
    Garden(s), Private Entrance, Storage, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Washer, Water - Purifier
    Size
    2,853 SF
    Lot size
    26.47 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water front features
    Lake Front – Corps Of Engineers, Lake Front – Main Body, Waterfront
    Water front
    1

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Tile - Ceramic, Vinyl
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    New Traditional
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Michelle Reed

    Trinity Country Real Estate (817) 594-8183

    Listing agent Michelle Reed (817) 594-8183 License #669860

    Listing date Jan 6, 2026

    MLS# 21145628 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

    Remodeled Country Retreat on 26 Acres

    Located in the Lago Linda community of Peaster, this remodeled country retreat sits on 26 acres with access to a conservation lake and a large pond, both stocked with fish. The 2,853 square foot home features 3 bedrooms, 3 bathrooms, and a large bonus room. Upgrades include LVP floors, new carpet, an updated kitchen with white cabinets and granite countertops, and a large walk-in pantry. The home also offers a formal dining room with built-ins, a living room with a fireplace and built-ins, and new windows and doors. The living areas include a LOPI fireplace insert and a wood-burning stove. Additional blown-in insulation and a 3-year-old Class 4 roof contribute to the home's efficiency. Both AC heat-pump units are newer, with a 2-ton unit being brand new and a 3-ton unit being 6 years old. A pool with a heat pump extends the swim season. The front pond and stocked lake contain bluegill, bass, crappie, and catfish. The property includes a 30x50 shop with electricity, a roll-up door, and a walk-through door, plus an attached 20x30 breezeway for equipment, and an attached 11x19 and 10x11 storage. Two high-yield wells supply the home, shop, and 10-zone sprinkler system. Wildlife includes turkeys, deer, and Canada geese. The sandy-loam soil is suitable for horses or cattle, with the west pasture already fenced on two sides. The shop and wells sit on their own electric meter with room for expansion. The property is located in Weatherford, TX.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JMB Farm Tree Farm

    Suggested Use

    Building Supply Wholesale Shop Hair Salon Kitchen & Bath Garden Center Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.84288
    Latitude
    32.867797

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    FAQs

    What type of property is this?
    Farm - Remodeled 3-bedroom home on 26 acres with stocked pond.
    Where is this farm located?
    The property is located at 250 Lakeview Ct Weatherford, TX.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Discover this 26-acre country retreat with access to a stocked conservation lake and large pond, perfect for fishing and waterfront enjoyment.; - Enjoy the remodeled 3-bedroom, 3-bath home featuring stylish upgrades like LVP floors, granite countertops, and new windows, offering 2,853 sq ft of living space.; - Benefit from a 30x50 shop with electricity, roll-up door, walk-through door, plus additional breezeway and storage.
    (817) 594-8183
    Request Owner's contact information
    250 Lakeview Ct Weatherford, TX 76088
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    Weatherford, TX 76088
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    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
    250 Lakeview Ct Weatherford, TX 76088
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    We can help!
    Listing Contact
    Michelle Reed
    Real Estate License ID: 669860
    (817) 594-8183
    Learn more
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