GREAT INVESTMENT OPPORTUNITY. Income producing property. Tax record only shows sight built house on 4.050 acres. All mobile homes are personal property. Addressed as 140, 146,152, 156, 158, 164 and 170 Scarlett. Not included in gross income or square footage are two notes for owner financed mobile homes, 140 and 156, in the amount of $21342 over the next three years. Land space for an additional 4 RV lots. Property has site built house plus three rental mobile homes and two mobile homes that are owner financed. Two empty mobile lots 158 and 164 can either bring in two additional mobile homes or room for 4 plus rv's. This is a beautiful piece of rolling land with many large established trees.
Multi-familyProperty Type
1968Year Built
4.05 acresLot Size
$100Price/Sq.Ft.
16 spacesParking
Listed by Shirley Johnson• Keller Williams Realty-FM
All Weather Road, Asphalt, Community Mailbox, Septic, Well
Location
Multi-Unit Information
# of Units: 4
# of Units: 4
Capitalization Rate: 7.06
Gross Annual Expenses: $21,539
Gross Annual Income: $64,694
Insurance Expense: $4,321
Net Annual Income: $38,834
Occupancy Rate: 100
Total Annual Expenses Include: Accounting/Legal, Common Area, Lawn Care, Maintenance, Taxes, Water/Sewer/Trash
Unit Type 1 Information
Sq. Ft.: 2,294
# of Baths (Full): 3
# of Bedrooms: 4
Master Bedroom Dimensions:
Dining Area Dimensions:
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Living Area Dimensions:
Lease: 1600
Unit 2 Information
Sq. Ft.: 910
# of Baths (Full): 2
# of Bedrooms: 3
Master Bedroom Dimensions:
Dining Area Dimensions:
Kitchen Dimensions:
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Living Area Width: 0
Lease: 950
Unit 3 Information
Sq. Ft.: 1,186
# of Baths (Full): 2
# of Bedrooms: 3
Master Bedroom Dimensions:
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Lease: 735
Unit 4 Information
Sq. Ft.: 1,120
# of Baths (Full): 2
# of Bedrooms: 3
Master Bedroom Dimensions:
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Lease: 775
School Information
Elementary School Name: Curtis
Middle School Name: Hall
High School Name: Weatherford
School District: Weatherford ISD
Location Information
Subdivision Name: None
Complex Name: No name
Country: United States
Directions: From I20 just west of Hwy 51 take Bethel Road south to Scarlett Rd. Right on Scarlett, passed the mobile community on the corner. Property is on right.
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,294
Stories: 1.0
Lot Size: 4.05 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: Parker County
APN: R000039337
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
Curtis Elementary School
Public PreK-5 • Assigned • 3.1mi
6/10
Hall Middle School
Public 6-8 • Assigned • 3.1mi
6/10
Weatherford High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
19% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 107° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Weatherford, TX • 76087
Average low and high temperatures (°F)
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72
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42
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Sun exposure
In this area, properties receive around 10.1 hours in
June and 5.6 hours in December, placing it above the
U.S. average for solar exposure.
10.1 hrs
5.6 hrs
JuneDecember
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