312 W Rentz ST Weatherford, TX 76086
36 Beds
12 Baths
10,452 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,452 sqft
Price per Sqft $138
Subdivision S Anderson
MLS Listing ID 21286056
Bedrooms 36
Full Baths 12
HOA Y/N No
Year Built 1971
Annual Tax Amount $19,625
Lot Size 0.701 Acres
Acres 0.701
Property Sub-Type Apartment
Property Description
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.??????
Location
State TX
County Parker
Community Community Mailbox
Direction South Main St. to W. Rentz St. GPS to address.
Interior
Interior Features Eat-in Kitchen, High Speed Internet, Cable TV
Heating Electric
Cooling Electric, Wall Unit(s)
Flooring Combination, Luxury Vinyl Plank, Tile, Vinyl
Fireplace No
Appliance Electric Range, Gas Range, Refrigerator
Exterior
Exterior Feature Barbecue, Courtyard, Lighting, Uncovered Courtyard
Parking Features Asphalt, Deeded, On Site, Open, Parking Lot, Unassigned
Fence Back Yard, Full, Vinyl, Wood
Pool None
Community Features Community Mailbox
Utilities Available Sewer Available, Separate Meters, Water Available, Cable Available
Water Access Desc Public
Roof Type Built-Up
Street Surface Asphalt
Porch Deck
Total Parking Spaces 24
Garage No
Private Pool No
Building
Lot Description Hardwood Trees, Interior Lot, Landscaped, Many Trees
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Curtis
Middle Schools Hall
High Schools Weatherford
School District Weatherford Isd
Others
Senior Community No
Tax ID R000000337
Security Features Security Lights
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21286056