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    Golf Course and RV Park Investment Title is generated by Realmo AI

    305 Lipan, Weatherford, TX 76087

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    For Sale
    $1,300,000

    COMMERCIAL - Weatherford, TX

    Lot size:
    101.80 Acres
    Added:
    May 17, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 6 at 12:06 pm

    Property Features for 305 Lipan

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    RV, Parking Lot
    Fireplace
    1
    Standard status
    Active
    APN
    R000045019
    Lot size
    101.80 Acres

    Taxes and HOA fees

    Tax Description
    See supplements

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Central, Fireplace(s), Electric (Heating)
    Cooling system
    Electric, Ceiling Fan(s), Central Air
    Water source
    Well, Private
    Water front features
    Waterfront, River Front
    Water front
    1

    Building Details

    Year built
    1972
    Floors in Building
    1
    Number of units
    7
    Flooring type
    Tile, Combination, Concrete
    Building materials
    Rock, Stone, WoodSiding
    Roof type
    Composition

    We can help!

    Listing Contact
    Christina Touchette

    Listing agent Christina Touchette License #0635927

    Listing office All City Real Estate, Ltd Co Grapevine, TX

    Listing date May 17, 2026

    MLS# 21241078

    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.

    HighLights

    • 98+ acre multi‑property investment with 62‑acre golf course, 15+ acre RV park, and 21 additional acres for expansion
    • Golf course clubhouse includes bar/tavern, pro shop, 2 office spaces, lounge area, and a formally used restaurant space plus 12 working golf carts
    • Includes waterfront/river‑front features and a roof of composition shingle; year built 1972 with rock/stone/wood siding construction materials
    • RV park includes 10 rental spaces with utilities and WiFi, plus storage containers and a large multi‑use metal building
    • Horse arena on site, with a second pool and community center near the back of the golf course (waiting for renovation)
    • On‑site utilities include well water (private) and septic tank (private sewer)

    Overview

    This multi-property investment opportunity features a 62-acre golf course complemented by clubhouse amenities, including a bar-tavern, pro shop, and two office spaces. The clubhouse also includes a large pool that is not currently in use and a lounge area, along with a formally used restaurant space that could support additional concept expansion. The operation includes 12 working golf carts that may provide another source of rental income. A second pool and community center near the back of the course are in place and waiting for full renovation, supported by 21 additional acres of greenbelt land that add room to expand.

    The portfolio also includes a 15+ acre RV park with 10 rental spaces that have utilities and WiFi, plus a recreation area. Additional revenue opportunities include storage containers and a large multi-use metal building, and the property’s horse arena supports hosting activities and renting the facility for additional event-based income.

    With multiple income streams already represented by golf operations, RV rentals, and event uses, this property is well suited for an operator or investor seeking an expanded hospitality and recreation platform. The included acreage and existing improvements provide a practical foundation to reposition or grow into an RV resort, event venue, or entertainment destination.
    Property Profile Location Intelligence

    Current Use by Public Records

    Horseshoe Bend, LLC Golf Course LibertyX Bitcoin ATM Atm ATM Atm

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Hotel & Motel Food Market Grocery & Convenience Store Grocery & Convenience 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
    -97.88042
    Latitude
    32.575638

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    FAQs

    What type of property is this?
    Golf course & driving range - Multi-property resort setup combining a golf course, RV park, and event-ready arena for diversified income potential.
    Where is this golf course & driving range located?
    The property is located at 305 Lipan Weatherford, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 98+ acre multi‑property investment with 62‑acre golf course, 15+ acre RV park, and 21 additional acres for expansion; Golf course clubhouse includes bar/tavern, pro shop, 2 office spaces, lounge area, and a formally used restaurant space plus 12 working golf carts; Includes waterfront/river‑front features and a roof of composition shingle; year built 1972 with rock/stone/wood siding construction materials
    (512) 957-9044
    We can help!
    Listing Contact
    Christina Touchette
    Real Estate License ID: 0635927
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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.

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