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Office Building with Assigned Parking

130 Dallas Avenue, Weatherford, TX 76086

For Sale
$175,000

CommercialSale, Weatherford, TX

Property Size854 SF
Lot Size0.04 Acres
Price / SF$204.92
Days on Market9

Property Features for 130 Dallas Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Business
Parking features Assigned
Subdivision Weatherford Original Town
Directions GPS
Standard status Active
APN R000030226
Size 854 SF
Lot size 0.04 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description ACRES: 0.043 LOT: PT 3 BLK: 5 SUBD: WEATHERFO
Tax Annual Amount 1628
Legal Description ACRES: 0.043 LOT: PT 3 BLK: 5 SUBD: WEATHERFO

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Flooring type Vinyl
Building materials StoneVeneer
Roof type Metal
Buildings 1
Listing Agency: Momentum Real Estate Group,LLC
Listed By: Tom Harms · License TX #0694598
Added: Nov 5 Changed: Nov 10 Last Checked: Nov 13 at 8:06PM
MLS# 21425646

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.

Rey
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Investment Insights

Based on property information with market context.

This office building was constructed in 1900 and sits on a 0.043-acre lot. Stone veneer, a metal roof, and vinyl flooring are among its physical features. Heating is central electric, and the building has central air conditioning.

The property is at 130 Dallas Avenue in downtown Weatherford. Public water and sewer serve the site. The current tenant occupies the building under a month-to-month lease, and assigned parking is available.

Key Highlights

  • 0.043‑acre lot in downtown Weatherford
  • Built in 1900 with stone veneer and a metal roof
  • Central electric heating and central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,830
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,600 $216.6K
Cap Rate 7%
$154,714 $154.7K
Cap Rate 9%
$120,333 $120.3K
Market Conditions
NOI Build-Up for 854 SF
Gross rent
$18.8K $21.96/SF
− Vacancy
−$4.3K −$5.05/SF
EGI
$14.4K $16.91/SF
− OpEx
−$3.6K −$4.23/SF
NOI
$10.8K $12.68/SF
Area
Parker County, TX
Vacancy
23.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,600
Cap Rate 7%
$154,714
Cap Rate 9%
$120,333

Alternative Uses

Best Use
Office B
$154.7K
$135.4K – $180.5K (±1% cap)
NOI $10,830 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$214.5K
$187.7K – $250.3K (±1% cap)
NOI $15,016 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grupo Tercera Tradicion ... Social Service Agency

Suggested Use

Top Pick Electrical Service HVAC Service Daycare Center Catering Service (Bike/Boat/Book/etc) Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,240
Businesses Nearby

Demographics for 76086, TX

21,429
Population
9,689
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
88%
High-School Grad
13.8 sq mi
ZIP Area
1,553
Density / Sq Mi
$61,415
Median Household Income
$38,347
Median Earnings
$1,389
Median Rent
$235,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Parker County, TX

$257 Jul
$268 Aug
$249 Sep
$222 Oct

Properties on Market for Office buildings in Parker County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - The building is tenant-occupied under a month-to-month lease and includes assigned parking.
Where is this office building located?
The property is located at 130 Dallas Avenue Weatherford, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 0.043‑acre lot in downtown Weatherford; Built in 1900 with stone veneer and a metal roof; Central electric heating and central air conditioning
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