Eight-Unit Apartment Building with
For Sale
$2,250,000
171-187 Gibson Lane, Weatherford, TX 76088
MULTI_FAMILY - Weatherford, TX
Property SizeContact for details
Lot Size1.00 Acres
Days on Market19
Property Features for 171-187 Gibson Lane
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
Parking
16
Parking features
Carport
Interior features
Dumbwaiter
Appliances
Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal
Subdivision
Zion Hill Estates
Elementary school
Peaster
Middle school
Peaster
High school
Peaster
Elementary school district
Peaster ISD
Middle school district
Peaster ISD
High school district
Peaster ISD
Directions
i-20 to Center Point exit. North on Center Point which turns into Ric Williamson (East Loop). Right on Zion Hill Road to left on Gibson Lane
Standard status
Active
APN
R000096744
Lot size
1.00 Acres
Taxes and HOA fees
Tax Description
Acres: 2.590, Lot: 1, Blk: 1, Subd: ZION HILL ESTA
Tax Annual Amount
4934
Legal Description
Acres: 2.590, Lot: 1, Blk: 1, Subd: ZION HILL ESTA
Utilities
Sewer type
Aerobic Septic, Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Well
Building Details
Year built
2009
Floors in Building
1
Number of units
8
Flooring type
Concrete
Building materials
Brick
Roof type
Composition
Listing Agency:
Fathom Realty
(888) 455-6040
Listed By:
Woody Willhite · License #0513506
(888) 455-6040
Added: Jul 17
Changed: Aug 1
Last Checked: Aug 4 at 1:06AM
MLS# 21254906
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Investment Insights
Based on property information with market context.
This fully leased eight-unit apartment building at 171–187 Gibson Lane offers a consistent layout across all units, with three bedrooms and two bathrooms per unit. The property is served by well water and septic systems, including aerobic septic. Construction is brick, with concrete flooring, and the units are heated and cooled using central electric HVAC. Interiors include a dumbwaiter, and each unit is equipped with appliances including a dishwasher, electric oven, electric range, electric water heater, and disposal. Parking is provided via carports.
Set on 1.004 acres, the property was built in 2009 and includes a large shop, which can support on-site storage or light work space. The property is in Peaster ISD, supporting family-oriented tenant needs.
Overall, the offering combines apartment-style living units with on-site utility support (well and septic) and an additional shop improvement, while already operating at full occupancy.
Set on 1.004 acres, the property was built in 2009 and includes a large shop, which can support on-site storage or light work space. The property is in Peaster ISD, supporting family-oriented tenant needs.
Overall, the offering combines apartment-style living units with on-site utility support (well and septic) and an additional shop improvement, while already operating at full occupancy.
Key Highlights
- Fully leased eight‑unit apartment building
- Eight units configured as three‑bedroom, two‑bath residences
- Well water plus septic tank and aerobic septic service
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
26
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased eight-unit apartment building on well and septic with carport parking and a large shop.
Where is this apartment building located?
The property is located at 171-187 Gibson Lane Weatherford, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Fully leased eight‑unit apartment building; Eight units configured as three‑bedroom, two‑bath residences; Well water plus septic tank and aerobic septic service
