1121 Jameson Street, Weatherford, Texas image 1
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1121 Jameson Street

Weatherford, Texas 76086
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$5,160,000 $21,754/Mo
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Bed 0

Bed

Bath 0

Bath

Acres4.05

Acres(Lot)

Calling All Investors! Offered at $86,000 per unit. Opportunity to acquire a 60-unit performing multifamily asset in Weatherford with current cash flow and a clear path to measurable NOI growth. Jameson Street Apartments offers below-market rents and a de-risked value-add strategy centered on minor tenant-facing upgrades and measured rent optimization—not a heavy redevelopment program. 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 re main 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,160,000

AD Id : 91727090

MLS Id : 578384380

Lot Size : 4.05 Acres

Year Built : 1973

County : Parker

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Feature Features

  • Bedroom Information

    Window Features: Window Coverings

    Bathroom Information

    Total Baths: 0

  • Interior Features

    Cable TV Available,High Speed Internet Available

    Appliances

    Gas Range,Refrigerator

    Utilities

    City Sewer,Community Mailbox,Electricity Connected,Master Gas Meter,Master Water Meter

  • Cooling Features

    Central Air

    Heating Source

    Central

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1973 Building Area Total: 51,520 Construction: Brick,Metal Siding Roof Type: Flat

  • Foundation

    Slab

  • Pool Features

    Fenced,Gunite,In Ground,Outdoor Pool

    Construction Materials

    Brick,Metal Siding

  • Lot Information

    Lot Size (Acr): 4.0500 Lot Size Units: Acres Lot Size Square Feet: 176,418 Lot Size Source: Assessor Lot Features: Acreage

  • Property Information

    Property Type: Residential Income Property Sub Type: Apartment Subdivision: SMALLER SUB City: Weatherford State: Texas Directions: Use GPS Property Status: Active Levels: Two Property Age: 53 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $5,160,000

  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R000047582 Tax Block: 7 Tax Legal Description: ACRES: 4.050 ABST: 906 SURVEY: MONK SARAH "JA Unexempt Taxes: $83,674

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking: 100 Parking Features: Asphalt,Open

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Crockett Middle School: Tison High School: Weatherford School District: Weatherford ISD

  • Utility Information

    Utilities: City Sewer,Community Mailbox,Electricity Connected,Master Gas Meter,Master Water Meter
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
334 Dalhart Drive, Weatherford, TX, 76086 $339,900 3 2 1,802 0.22 Acre
326 King Arthur Drive, Weatherford, TX, 76086 $272,900 3 2 1,371 0.48 Acre
321 Pecos Drive, Weatherford, TX, 76086 $349,000 4 2 1,684 0.19 Acre
202 Lancelot Drive, Weatherford, TX, 76086 $286,500 3 2 1,336 0.19 Acre
213 King Arthur Drive, Weatherford, TX, 76086 $323,000 3 2 1,717 0.19 Acre
214 Merlin Drive, Weatherford, TX, 76086 $269,900 3 2 1,389 0.20 Acre
146 Black Forest Drive, Weatherford, TX, 76086 $250,000 3 2 1,036 0.17 Acre
103 Camelot Drive, Weatherford, TX, 76086 $369,900 3 2 1,328 0.21 Acre
205 Bullard Street, Weatherford, TX, 76086 $425,000 4 3 2,099 0.20 Acre
1302 Pamela Drive, Weatherford, TX, 76086 $284,900 3 2 1,336 0.19 Acre

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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 10/09/2026 @ 21:36

MLS: 578384380 LISTED BY: Keith Auten, Auten Realty LLC 214-734-8002 SOURCE: NTREIS - North Texas Real Estate Information

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