Listing provided courtesy of Ready Real Estate LLC- MLS# 21286056MLS ProviderContact Information: Von Sutten - 817-681-5180

312 W Rentz StreetWeatherford, TX 76086

Multi-Family · 36 Beds · 12 Full Baths · 10,452 Sq. ft. | 0.70 Acres
$1,449,000 Active

312 W Rentz Street Overview

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EXCEPTIONAL 12-UNIT VALUE-ADD OPPORTUNITY, 100% OCCUPIED, WEATHERFORD, TX Rare chance to acquire a fully stabilized, cash-flowing 12-unit apartment complex in one of North Texas's fastest-growing exurban markets. Situated on 0.70 acres in the heart of Weatherford (Parker County), this turnkey asset is currently 100% leased with strong in-place rents and proven, sustained demand. The all 3 bedroom, 1 bath unit mix is a standout in this submarket, appealing to families and roommates alike and supporting both rent premiums and low turnover. Units have been tastefully remodeled, featuring fresh paint, hard surface flooring throughout, updated lighting, updated bathroom finishes, spacious bedrooms, and bright natural light. Each unit offers a large living area with separate dining and kitchen space and is individually metered. Tenants pay their own utilities, keeping owner expenses low and NOI strong. Off street parking and a quiet, established community setting round out the appeal. The financials tell the story: stable rental income, a lean operating expense profile, and meaningful value add upside through continued rent optimization and unit improvements. This is a true pride of ownership investment that performs today while leaving room to grow. Tenants enjoy quick access to historic downtown Weatherford, shopping, dining, and major employers, with an easy commute to Fort Worth via I-20. The property sits within Weatherford ISD and minutes from local schools and parks, factors that keep occupancy high and tenants in place. Ideal for first time multifamily buyers, 1031 exchange investors, or seasoned operators seeking dependable cash flow plus upside. PLEASE DO NOT DISTURB TENANTS. All units are occupied. Interior inspections will be permitted only after an executed contract. Please do not approach or disrupt residents. Financials, rent roll, and pro forma available to qualified buyers upon request.??????

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312 W Rentz Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 10,452
  • Price/Sq.ft. $139
  • Lot 0.70 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Weatherford ISD
  • Elementary School: Curtis
  • Middle Or Junior School: Hall
  • High School: Weatherford

Income/Expenses

  • Gross Income: 151200.0
  • Insurance Expense: 12337.0
  • Net Operating Income: 106381.0

Building Information

  • Year Built: 1971
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: WEATHERFORD
  • Subdivision Name: S Anderson

Community/Development

  • Community Features: Community Mailbox

Tax Information

  • Tax Annual Amount: 19625.0

General Information

  • Disclosures: Owner Is Listing Agent
  • Exclusions: mineral rights
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R000000337
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 12
  • Bathrooms Half: 0
  • Bathrooms Total: 12
  • Bedrooms Total: 36

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 10452.0

General Information

  • Appliances: Electric Range,Gas Range,Refrigerator
  • Flooring: Combination,Luxury Vinyl Plank,Tile,Vinyl
  • Foundation Details: Slab
  • Interior Features: Eat-in Kitchen,High Speed Internet,Cable TV
  • Levels: Two
  • Security Features: Security Lights
  • Stories: 2

Exterior

Parking Information

  • Open Parking: Yes
  • Parking Features: Asphalt,Deeded,On Site,Open,Parking Lot,Unassigned
  • Parking Total: 24.0

Lot Information

  • Lot Features: Hardwood Trees,Interior Lot,Landscaped,Many Trees
  • Lot Size Acres: 0.701
  • Lot Size Area: 0.701
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 30535.56
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Patio And Porch Features: Deck
  • Roof: Built-Up

General Information

  • Exterior Features: Barbecue,Courtyard,Lighting,Uncovered Courtyard
  • Fencing: Back Yard,Full,Vinyl,Wood
  • Number Of Units Total: 12
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Separate Meters,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 12

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

312 W Rentz Street Market Data

Based on the last 30 days in this zip code

$366,313
Average List Price
$208
Average Price per Square Foot
24
Properties Sold
71
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network


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