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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1121 Jameson St , Weatherford, TX 76086
$5,160,000
Est. Payment: $28,982.39/mo
51520 Sqft
4.05 Acres
Status: active | Days on site: 4
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KRATN01 - 0533072
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House Description

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 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.

Highlights

Listed by Keith Auten , Auten Realty LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
4.05

Year Built

1973

County

Parker

Neighborhood

Smaller Sub

School District

Weatherford ISD

Listing ID

21405728

Questions about this listing?

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Interior Features

Appliances:Gas Range, Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Linoleum,Tile
Other:
  • ▪ Additional:Cable TV Available, High Speed Internet Available

Exterior Features

Lot:Acreage,3 to < 5 Acres
Garage Capacity:100
Roof:Flat
Others:
  • ▪ Additional:Preowned
Parking Features:Asphalt,Open
Principal Interest
$28,982
Taxes
$6,973

Home Price

$5,160,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$1,032,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$28,982.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $28,982.39 $6,972.83 $0.00 $35,955.22
Yearly $347,788.65 $83,674.00 $0.00 $431,462.65
Total $10,433,659.41 $2,510,220.00 $0.00 $12,943,879.41

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Weatherford, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T10:06:54.320Z

© 2026 North Texas Real Estate Information Systems