1121 Jameson Street Weatherford, TX 76086
4.05 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Smaller Sub
MLS Listing ID 21405728
HOA Y/N None
Total Fin. Sqft 51520
Year Built 1973
Annual Tax Amount $83,674
Lot Size 4.050 Acres
Acres 4.05
Property Sub-Type Apartment
Property Description
The property includes a mix of 1BR, 2BR and 3BR units and is operated on an all-bills-paid basis. Major capital items have already been addressed, including TPO roofs, replacement of Federal Pacific0Stab-Lok electrical panels, pool improvements and recent parking lot resurfacing. Individual HVAC systems and central tankless hot water further reduce the scope of the remaining business plan.
Current rents remain below comparable properties, providing an opportunity to increase revenue gradually as units turn while maintaining an attractive affordability position. Remaining improvements are primarily tenant-facing items such as selective LVP flooring, cabinet hardware and bathroom mirrors.
The property also has existing Freddie Mac financing at a 6.59% fixed rate with interest-only payments through March 2028, potentially assumable subject to lender approval and buyer qualification.
Contact broker for OM, financials, rent roll and access to the property deal room.
Location
State TX
County Parker
Community Laundry
Direction Use GPS
Interior
Interior Features Cable TV Available, High Speed Internet Available
Heating Central
Cooling Central Air
Flooring Carpet, Linoleum, Tile
Appliance Gas Range, Refrigerator
Heat Source Central
Exterior
Pool Fenced, Gunite, In Ground, Outdoor Pool
Community Features Laundry
Utilities Available City Sewer, Community Mailbox, Electricity Connected, Master Gas Meter, Master Water Meter
Roof Type Flat
Garage No
Private Pool 1
Building
Lot Description Acreage
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Metal Siding
Schools
Elementary Schools Crockett
Middle Schools Tison
High Schools Weatherford
School District Weatherford Isd
Others
Acceptable Financing 1031 Exchange, Assumable, Cash, Conventional
Listing Terms 1031 Exchange, Assumable, Cash, Conventional
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