Ag-Exempt Land with
New
For Sale
$475,000
357 Toto Road, Weatherford, TX 76088
13± acre, partially fenced, heavily wooded ag-exempt property with electric, a water well, and a 50’x50’ shop.
Property Size2,500 SF
Lot Size13.00 Acres
Price / SF$190
Days on Market7
Property Features for 357 Toto Road
General Information
Standard status
Active
Size
2,500 SF
Lot size
13.00 Acres
Property subtype
Improved Land
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Listing Agency:
The Platinum Group RE, LLC
(817) 341-6156
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 27
Changed: Jul 28
Last Checked: Aug 2 at 6:30AM
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 The Platinum Group RE, LLC
Investment Insights
Based on property information with market context.
This ag-exempt 13± acre property offers a secluded, heavily wooded setting with a partially fenced perimeter. On-site utilities include electric service and a water well. A 50’ x 50’ shop with living quarters is included, along with five roll-up doors, providing immediate space for storage, workspace, or operations while you use the land as-is.
The property is located in Weatherford, Texas, with convenient access to Weatherford and Fort Worth and surrounding communities. The wooded acreage is positioned for outdoor recreation such as hiking, ATV riding, and hunting, as described in the remarks.
The offering is presented as having no known restrictions, supporting flexible use consistent with the property’s ag-exempt status. If you’re looking for a private ranchette-style retreat with a functional shop and living quarters, this property’s combination of acreage, utilities, and improvements is designed to support that direction from day one.
The property is located in Weatherford, Texas, with convenient access to Weatherford and Fort Worth and surrounding communities. The wooded acreage is positioned for outdoor recreation such as hiking, ATV riding, and hunting, as described in the remarks.
The offering is presented as having no known restrictions, supporting flexible use consistent with the property’s ag-exempt status. If you’re looking for a private ranchette-style retreat with a functional shop and living quarters, this property’s combination of acreage, utilities, and improvements is designed to support that direction from day one.
Key Highlights
- 13± acre ag‑exempt property in Weatherford with heavily wooded, secluded setting
- Partially fenced perimeter with expansive wooded areas for outdoor recreation
- On‑site utilities include electric service and a water well
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.5k | $9.00 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $20.5k | $8.18 |
| − OpEx | −$3.1k | −$1.23 |
| NOI | $17.4k | $6.95 |
2,500 SF · lease $9.00/SF/yr · vacancy 9.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$248.4K
$217.3K – $289.8K
NOI $17,385 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$2.48M
$2.17M – $2.90M
NOI $173,891 @ 7.0% cap · market cap 36.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 13± acre, partially fenced, heavily wooded ag-exempt property with electric, a water well, and a 50’x50’ shop.
Where is this agricultural land / farmland located?
The property is located at 357 Toto Road Weatherford, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 13± acre ag‑exempt property in Weatherford with heavily wooded, secluded setting; Partially fenced perimeter with expansive wooded areas for outdoor recreation; On‑site utilities include electric service and a water well
