Multifamily Property with Fenced
For Sale
$739,999
141 Lindas Creek Ln, Weatherford, TX 76088
Residential income property offering three-bedroom layouts, private outdoor space, carport parking, and in-unit laundry.
Property Size4,267 SF
Price / SF$173.42
Days on Market90
Property Features for 141 Lindas Creek Ln
General Information
Standard status
Active
Size
4,267 SF
Property subtype
Multi-Family
Additional Details
Utilities to Site
Yes
Amenities
window coverings
in-unit laundry
private fenced backyard
Building Details
Year Built
2008
Listing Agency:
Keller Williams Heritage West
Listed By:
Lane Cooper · License #0750847
(817) 441-4000
Source:
Christenberrygroup
Added: Jul 21
Changed: Oct 8
Last Checked: Oct 7 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Heritage West
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Investment Insights
Based on property information with market context.
This multifamily property at 141 Lindas Creek Ln in Weatherford contains 4,267 square feet and was built in 2008. Each unit includes three bedrooms, two bathrooms, stained concrete and luxury vinyl plank flooring, window coverings, and laundry equipment in a closet near the main living area. The units are all-electric and include private, fenced backyards along with a carport space for each tenant.
Property systems include a private well and aerobic septic system. Tenants handle their own trash service, providing a clearly defined operating responsibility. The property offers a combination of durable interior finishes, private exterior areas, and dedicated covered parking within a multifamily configuration.
Property systems include a private well and aerobic septic system. Tenants handle their own trash service, providing a clearly defined operating responsibility. The property offers a combination of durable interior finishes, private exterior areas, and dedicated covered parking within a multifamily configuration.
Key Highlights
- Each unit includes 3 bedrooms and 2 bathrooms
- 4,267‑square‑foot multifamily property built in 2008
- Private, fenced backyard provided for each tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,884
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,297,680
$1.3M
Cap Rate 7%
$926,914
$926.9K
Cap Rate 9%
$720,933
$720.9K
Market Conditions
NOI Build-Up for 4,267 SF
Gross rent
$132.1K $30.96/SF
− Vacancy
−$14.1K −$3.31/SF
EGI
$118.0K $27.65/SF
− OpEx
−$53.1K −$12.44/SF
NOI
$64.9K $15.21/SF
Area
Parker County, TX
Vacancy
10.70%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,297,680
Cap Rate 7%
$926,914
Cap Rate 9%
$720,933
Alternative Uses
Best Use
Apartment 5plus
$926.9K
$811.1K – $1.08M
NOI $64,884 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$4.24M
$3.71M – $4.95M
NOI $296,797 @ 7.0% cap · market cap 40.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 76088, TX
13,794
Population
5,573
Households
2.5
Avg Household Size
42
Median Age
30%
College-Educated
93%
High-School Grad
161.5 sq mi
ZIP Area
85
Density / Sq Mi
$107,431
Median Household Income
$53,282
Median Earnings
$1,443
Median Rent
$374,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Residential income property offering three-bedroom layouts, private outdoor space, carport parking, and in-unit laundry.
Where is this multifamily property located?
The property is located at 141 Lindas Creek Ln Weatherford, TX.
What is the asking price?
The asking price for this property is $739,999.
What are key features of this property?
This property features: Each unit includes 3 bedrooms and 2 bathrooms; 4,267‑square‑foot multifamily property built in 2008; Private, fenced backyard provided for each tenant
