Fully Leased Multifamily
For Sale
$2,250,000
171-187 Gibson Lane, Weatherford, TX 76088
MULTI_FAMILY - Weatherford, TX
Lot Size1.00 Acres
Days on Market15
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
Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
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
Central, Electric (Heating)
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: Jul 27
Last Checked: Jul 31 at 2:06AM
MLS# 21254906
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Investment Insights
Based on property information with market context.
This fully leased multifamily property features eight 3-bedroom, 2-bath units, arranged to support consistent rental demand. The site is served by well and septic, helping simplify utility considerations for residents. In addition to the residential units, the property includes a large shop, offering extra value for storage or operational needs.
Located at 171-187 Gibson Lane in Weatherford, Texas, the community is in Peaster ISD. The property sits on approximately 1.004 acres, providing a defined site footprint for the existing improvements.
For investors seeking turn-key rental income, the fully leased status is a clear advantage, reducing near-term leasing risk. The unit mix of eight well-sized 3-bedroom homes may appeal to tenants looking for more space, while the on-site well and septic configuration can be a practical fit for operators managing similar housing setups. With the added shop on site, this property also provides flexibility beyond standard multifamily offerings.
Located at 171-187 Gibson Lane in Weatherford, Texas, the community is in Peaster ISD. The property sits on approximately 1.004 acres, providing a defined site footprint for the existing improvements.
For investors seeking turn-key rental income, the fully leased status is a clear advantage, reducing near-term leasing risk. The unit mix of eight well-sized 3-bedroom homes may appeal to tenants looking for more space, while the on-site well and septic configuration can be a practical fit for operators managing similar housing setups. With the added shop on site, this property also provides flexibility beyond standard multifamily offerings.
Key Highlights
- Fully leased multi‑unit property with eight 3‑bedroom, 2‑bath units
- Peaster ISD; property uses well water and aerobic septic/septic tank
- Built in 2009 with brick construction and a composition roof
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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 residential property with well and septic, supported by Peaster ISD and an additional 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 multi‑unit property with eight 3‑bedroom, 2‑bath units; Peaster ISD; property uses well water and aerobic septic/septic tank; Built in 2009 with brick construction and a composition roof
