Back of property featuring a patio, stairway, brick siding, and a balcony
Active Option Contract

106 E Josephine Avenue

Weatherford, Texas 76086
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Bed 0

Bed

Bath 0

Bath

Acres0.91

Acre(Lot)

Improved Cap Rate 8.9% due to lease rate increases. LOCATION LOCATION LOCATION!!! The Chateau Apartments – A Premier Investment Opportunity in the Heart of Weatherford. The Chateau Apartments offer an exceptional blend of stability, convenience, and long-term performance. With tenants who move in and rarely move out, this community consistently demonstrates outstanding resident retention and a solid 100% occupancy rate. Ideally situated within effortless walking distance of virtually every amenity one could desire, the property enjoys an unbeatable location. Gibson’s , CVS, and many restraints are directly next door, and the Weatherford Courthouse is just steps away—close enough to reach with a well-placed golf swing. Recent capital improvements include a new roof installed in 2025, along with freshly sealed and striped parking areas, ensuring the exterior remains both attractive and well-protected. Residents benefit from ample covered parking, an on-site laundromat, and a welcoming courtyard fountain that enhances the community’s charm. Under the same ownership and management since 2006, the property has been meticulously maintained by a reliable local maintenance team. This level of consistent care positions the Chateau Apartments as one of the strongest multifamily investment opportunities currently available in Parker County. P&L and RR are in the transaction desk. The owner is also offering the Casa Del Sol Apartment Complex (MLS# 21126626), creating the potential for a compelling combined acquisition.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,100,000

AD Id : 70623355

MLS Id : 546504567

Lot Size : 0.91 Acre

Year Built : 1969

County : Parker

Subdivision: Brackene

  • Map Map

Map

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Open Floorplan

    Appliances

    Electric Cooktop,Electric Oven,Microwave,Refrigerator

    Utilities

    City Sewer,City Water,Master Gas Meter
  • Cooling Features

    Electric

    Heating Source

    Electric

  • Building Information

    Built Year: 1969 Building Area Total: 19,400 Construction: Brick Roof Type: Flat
  • Foundation

    Slab
  • Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 0.9140 Lot Size Units: Acres Lot Size Square Feet: 39,814
  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: Brackene City: Weatherford State: Texas Directions: From Weatherford Town Square, travel South on Main St. Turn left on West Josephine St. Apartments on the right. Just south of Gibson's and CVS. Property Status: Active Option Contract Levels: Two Property Age: 57 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $2,100,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000002077 Tax Block: 9 Tax Legal Description: ACRES: 0.914 LOT: PT 3 & ALL 4 & 5 BLK: 9 SUB Tax Lot: 3 Unexempt Taxes: $23,951

  • Parking Information

    Parking: 15 Parking Features: Open,Outside
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Ikard Middle School: Hall High School: Weatherford School District: Weatherford ISD
  • Utility Information

    Utilities: City Sewer,City Water,Master Gas Meter
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
116 W 7th Street, Weatherford, TX, 76086 $249,000 2 1 832 832 SqFt
322 S Waco Street, Weatherford, TX, 76086 $1,299,000 -- -- --
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/17/2026 @ 06:32

MLS: 546504567 LISTED BY: Dan Goad, CLARK REAL ESTATE GROUP 210-884-3448 SOURCE: NTREIS - North Texas Real Estate Information

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