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    806 Dennis Road Weatherford, TX 76087

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    Claim this Listing
    For Sale
    $2,200,000

    Traditional, Farm/Ranch - Weatherford, TX

    Type:Farm
    Property size:
    2,329 SF
    Lot size:
    18.46 Acres
    Added:
    Apr 4, 2026
    Days on Market:
    13
    Last Refresh:
    Apr 16 at 11:06 pm

    Property Features for 806 Dennis Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Parking features
    Carport, Driveway, RV
    Patio and Porch features
    Deck
    Interior features
    High Speed Internet Available
    Exterior features
    Covered Deck, Rv Hookup, Rv/Boat Parking, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Range
    Standard status
    Active
    APN
    R000061429
    Size
    2,329 SF
    Lot size
    18.46 Acres

    Utilities

    Heating system
    Fireplace(s), Propane (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1964
    Floors in Building
    2
    Flooring type
    Concrete, Engineered Wood, Laminate, Linoleum
    Roof type
    Metal
    Architectural style
    New Traditional
    Additional Structures
    RV/Boat Storage

    We can help!

    Listing Contact
    Karen Pile

    Listing agent Karen Pile License #0471237

    Listing office Texas Property Brokers, LLC 950 E. State Highway 114 #160, Colleyville, TX

    Listing date Apr 4, 2026

    MLS# 21229247 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.

    Overview

    Weatherford Ranch with Commercial Potential

    This 18.46-acre property, located outside Weatherford city limits, is currently a small cattle ranch. The existing home features a cowboy-themed interior, including a master bedroom with a brick wall and fireplace. French doors lead from the living area to a large covered porch. The kitchen includes a long breakfast bar and space for a large table. Ample parking is available for vehicles, trailers, and recreational vehicles, along with RV parking and hookups. The property is fenced and cross-fenced and includes a barn and a 24x42 workshop with 220 electric and water. The land is flat, offering potential for various uses. The adjacent property is a 5-acre horse trailer lot, and the property on the other side is being developed into a small industrial park. The property could be used as a new home, a temporary residence while building a larger home, or re-purposed for industrial or commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Auto Parts Store Gym & Fitness Center Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.875139
    Latitude
    32.716155

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    FAQs

    What type of property is this?
    Ranch - 18.46 acres ranch suitable for commercial or industrial use.
    Where is this ranch located?
    The property is located at 806 Dennis Road Weatherford, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 18.46 acres outside Weatherford city limits, suitable for residential, commercial, or industrial use.; **24x42 workshop with 220 electric and water.**; RV parking and hookups available.
    (817) 717-1816
    We can help!
    Listing Contact
    Karen Pile
    Real Estate License ID: 0471237
    Learn More
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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
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