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    Multi-Building Apartment Investment Title is generated by Realmo AI

    S Blue Meadows Court, Weatherford, TX 76088

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    For Sale
    $2,450,000

    MULTI_FAMILY - Weatherford, TX

    Property size:
    15,288 SF
    Lot size:
    3.61 Acres
    Price / SF:
    $160/SF
    Added:
    Apr 30, 2026
    Days on Market:
    36
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for S Blue Meadows Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    42
    Bathrooms
    28
    Rooms
    Bathroom 3, Bedroom 33, Bedroom 37, Bedroom 5, Bathroom 12, Bedroom 15, Bedroom 10, Bedroom 14, Bedroom 16, Bathroom 7, Bathroom 19, Bathroom 18, Bathroom 22, Bedroom 2, Bedroom 25, Bedroom 34, Bedroom 35, Bathroom 23, Bedroom 24, Bathroom 26, Bedroom 22, Bedroom 28, Bedroom 21, Bedroom 31, Bathroom 27, Bathroom 1, Bedroom 32, Bathroom 21, Bedroom 4, Bedroom 42, Bedroom 3, Bathroom 16, Bathroom 15, Bedroom 11, Bedroom 26, Bathroom 20, Bedroom 29, Bathroom 2, Bedroom 1, Bathroom 17, Bedroom 6, Bedroom 27, Bedroom 39, Bedroom 41, Bedroom 13, Bathroom 13, Bathroom 9, Bathroom 24, Bathroom 28, Bedroom 9, Bathroom 10, Bedroom 19, Bathroom 11, Bedroom 38, Bedroom 23, Bathroom 25, Bedroom 12, Bathroom 14, Bathroom 4, Bedroom 30, Bedroom 17, Bathroom 5, Bedroom 20, Bedroom 7, Bedroom 8, Bathroom 6, Bedroom 18, Bedroom 36, Bedroom 40, Bathroom 8
    Parking
    14
    Standard status
    Active
    APN
    R000092931
    Size
    15,288 SF
    Lot size
    3.61 Acres

    Taxes and HOA fees

    Tax Description
    Tract 8-15

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    14
    Flooring type
    Tile
    Roof type
    Metal

    We can help!

    Listing Contact
    Ryan Studdard

    Listing agent Ryan Studdard License #0600612

    Listing office Oak + Ash Realty Burleson, TX

    Listing date Apr 30, 2026

    MLS# 21253378 Listing URL

    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.

    HighLights

    • 14 total units across 7 buildings on 3.61 acres in South Blue Meadows
    • Each unit is 3‑bedroom, 2‑bath with vaulted ceilings in the kitchen and a dining‑living room combo with pantry
    • All‑electric units with washer‑dryer hook‑ups and back porches with metal canopies
    • Tenant‑ready exterior setup includes chain link dividing fences for each unit and a brick pillar entrance
    • On‑site infrastructure includes 2 commercial aerobic systems and a septic tank sewer system
    • Built in 2006; features include tile flooring, central heating, central air, and a metal roof

    Overview

    This multi-building apartment investment consists of 7 separate buildings totaling 14 residential units on 3.61 acres. Each unit is a 3-bedroom, 2-bath layout with all-electric utilities, offering large open living spaces and vaulted ceilings in the kitchen. The dining and living room combination includes a pantry and washer-dryer hook-ups, supporting practical day-to-day living. Bedroom configurations feature two large bedrooms with shelved closets and a primary bedroom with a walk-in closet that includes built-in shelves and an ensuite bathroom. Exterior features include back porches with metal canopies and large dividing chain-link fencing for each unit. The property also includes 2 commercial aerobic systems and a 20-foot conex storage container.

    Set in South Blue Meadows, the complex sits on the last street of the subdivision with an inviting brick pillar entrance. The surrounding context is described as a small-town style community, and the property is located in acclaimed Peaster ISD.

    Designed for tenants who value space and straightforward living, this offering supports an investor strategy focused on reduced turnover and long-term residents. With consistent unit layouts and established on-site systems, it may fit buyers seeking a manageable, income-producing multifamily asset with proven stability.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Weatherford
    County
    Parker
    State
    Texas
    Longitude
    -97.870843
    Latitude
    32.841278

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    FAQs

    What type of property is this?
    Apartment building - Seven-building apartment complex offering stable, long-term tenancy with all-electric 3-bedroom, 2-bath units and on-site systems.
    Where is this apartment building located?
    The property is located at S Blue Meadows Court Weatherford, TX.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: 14 total units across 7 buildings on 3.61 acres in South Blue Meadows; Each unit is 3‑bedroom, 2‑bath with vaulted ceilings in the kitchen and a dining‑living room combo with pantry; All‑electric units with washer‑dryer hook‑ups and back porches with metal canopies
    (817) 550-5394
    We can help!
    Listing Contact
    Ryan Studdard
    Real Estate License ID: 0600612
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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