Turnkey Equestrian Land with Show
For Sale
$950,000
736 Lands Way Road, Weatherford, TX 76087
LAND - Weatherford, TX
Property Size2,128 SF
Lot Size15.65 Acres
Price / SF$446.43
Days on Market116
Property Features for 736 Lands Way Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Not Zoned
Fencing
Fenced
Lot features
Landscaped, Pasture, Pond On Lot, Few Trees
Elementary school
Austin
Middle school
Hall
High school
Weatherford
Elementary school district
Weatherford ISD
Middle school district
Weatherford ISD
High school district
Weatherford ISD
Directions
from Interstate 20 and Highway 171, go South on Highway 171 for 2.28 miles, then turn South on Highway 51 and go for 9 miles, then turn East on Lands Way Rd. and go for 1 mile, sign and gate are on south side of Lands Way Rd.
Standard status
Active
APN
R000039873
Lot size
15.65 Acres
Taxes and HOA fees
Tax Description
ACRES: 15.647 ABST: 386 SURVEY: DAVIDSON E B
Tax Annual Amount
32
Legal Description
ACRES: 15.647 ABST: 386 SURVEY: DAVIDSON E B
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Well
Listing Agency:
McCullar Properties Group LLC
(325) 665-4037
Listed By:
Clay McCullar · License #0635496
(325) 665-4037
Added: Apr 11
Changed: Jul 31
Last Checked: Aug 4 at 2:06AM
MLS# 21236175
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.
Investment Insights
Based on property information with market context.
This turnkey equestrian property offers 16.647 acres next to Silverado on the Brazos, without HOA, deed restrictions, or any known easements. Improvements include a 40 by 70 show barn with 10 stalls (each 12 by 12) and front and back windows for airflow, plus a hot water wash rack and tack room. There is also a 140-foot round pen.
The property is cross-fenced into 7 pastures with Coastal Bermuda grass, using slick wire and horse-friendly mesh fencing in excellent condition. Each pasture has freeze-proof water spigots. Water for livestock and domestic use is supported by two water wells, and there is an approximately quarter-acre stock pond.
A 2000 model double wide manufactured home provides 2,128 square feet with 4 bedrooms and 2 baths, along with a covered 2-vehicle carport, set among mature live oaks. The land features sandy loam soils and gently rolling topography with views of the Brazos River and ranchland, and it is located on a cul-de-sac.
The property is cross-fenced into 7 pastures with Coastal Bermuda grass, using slick wire and horse-friendly mesh fencing in excellent condition. Each pasture has freeze-proof water spigots. Water for livestock and domestic use is supported by two water wells, and there is an approximately quarter-acre stock pond.
A 2000 model double wide manufactured home provides 2,128 square feet with 4 bedrooms and 2 baths, along with a covered 2-vehicle carport, set among mature live oaks. The land features sandy loam soils and gently rolling topography with views of the Brazos River and ranchland, and it is located on a cul-de-sac.
Key Highlights
- 16.647‑acre horse property next to Silverado on the Brazos in Parker County
- 40x70 show barn with 10 stalls (12x12 each) plus hot water wash rack and tack room
- 140‑ft round pen and cross‑fenced into 7 pastures with slick wire and horse‑friendly mesh fencing
Financial Insights For Apartment 5plus
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 | $65.9k | $30.96 |
| − Vacancy | −$7.0k | −$3.31 |
| EGI | $58.8k | $27.65 |
| − OpEx | −$26.5k | −$12.44 |
| NOI | $32.4k | $15.21 |
2,128 SF · lease $30.96/SF/yr · vacancy 10.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$462.3K
$404.5K – $539.3K
NOI $32,358 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Industrial
$2.11M
$1.85M – $2.47M
NOI $148,016 @ 7.0% cap · market cap 15.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 76087, TX
33,346
Population
13,290
Households
2.5
Avg Household Size
41
Median Age
40%
College-Educated
92%
High-School Grad
185.5 sq mi
ZIP Area
180
Density / Sq Mi
$108,499
Median Household Income
$59,622
Median Earnings
$1,775
Median Rent
$352,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Horse & equestrian property - Land with a 40-by-70 show barn, 140-foot round pen, and seven cross-fenced Coastal Bermuda pastures.
Where is this horse & equestrian property located?
The property is located at 736 Lands Way Road Weatherford, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 16.647‑acre horse property next to Silverado on the Brazos in Parker County; 40x70 show barn with 10 stalls (12x12 each) plus hot water wash rack and tack room; 140‑ft round pen and cross‑fenced into 7 pastures with slick wire and horse‑friendly mesh fencing
