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Turnkey Equestrian Land with Show Barn

736 Lands Way Road Weatherford, TX 76087

736 Lands Way Road, Weatherford, TX, 76087
$950,000
For Sale
$950,000

LAND - Weatherford, TX

Property Size2,128 SF
Lot Size15.65 Acres
Price / SF$446.43
Days on Market103

Property Features for 736 Lands Way Road

General Information

Property type
Land
Property subtype
Other
Fencing
Fenced
Standard status
Active
APN
R000039873
Lot size
15.65 Acres

Taxes and HOA fees

Tax Description
ACRES: 15.647 ABST: 386 SURVEY: DAVIDSON E B
Tax Annual Amount
32

Utilities

Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Well
Listing agency McCullar Properties Group LLC
Listed by Clay McCullar · License #0635496
Added: Apr 11 Updated: Jul 16 at 12:58AM Checked: Jul 22 at 7:06PM
MLS# 21236175

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 turnkey equestrian property offers 16.647 acres next to Silverado on the Brazos, without HOA, deed restrictions, or any known easements. Improvements include a 40 by 70 show barn with 10 stalls (each 12 by 12) and front and back windows for airflow, plus a hot water wash rack and tack room. There is also a 140-foot round pen.

The property is cross-fenced into 7 pastures with Coastal Bermuda grass, using slick wire and horse-friendly mesh fencing in excellent condition. Each pasture has freeze-proof water spigots. Water for livestock and domestic use is supported by two water wells, and there is an approximately quarter-acre stock pond.

A 2000 model double wide manufactured home provides 2,128 square feet with 4 bedrooms and 2 baths, along with a covered 2-vehicle carport, set among mature live oaks. The land features sandy loam soils and gently rolling topography with views of the Brazos River and ranchland, and it is located on a cul-de-sac.

Key Highlights

  • 16.647‑acre horse property next to Silverado on the Brazos in Parker County
  • 40x70 show barn with 10 stalls (12x12 each) plus hot water wash rack and tack room
  • 140‑ft round pen and cross‑fenced into 7 pastures with slick wire and horse‑friendly mesh fencing

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 $65.9k $30.96
− Vacancy −$7.0k −$3.31
EGI $58.8k $27.65
− OpEx −$26.5k −$12.44
NOI $32.4k $15.21
2,128 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$462.3K
$404.5K – $539.3K (±1% cap)
NOI $32,358 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$2.11M
$1.85M – $2.47M (±1% cap)
NOI $148,016 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Electrical Service Real Estate Agency Restaurant Pet Store & Service Travel Agency Discount Store Department Store

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

FAQs

What type of property is this?
Horse & equestrian property - Land with a 40-by-70 show barn, 140-foot round pen, and seven cross-fenced Coastal Bermuda pastures.
Where is this horse & equestrian property located?
The property is located at 736 Lands Way Road Weatherford, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 16.647‑acre horse property next to Silverado on the Brazos in Parker County; 40x70 show barn with 10 stalls (12x12 each) plus hot water wash rack and tack room; 140‑ft round pen and cross‑fenced into 7 pastures with slick wire and horse‑friendly mesh fencing
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