106 E JOSEPHINE AVENUE, WEATHERFORD, TX 76086
Homes for sale in Weatherford.
Homes for sale in 76086.
List Price$2,100,000
106 E Josephine Avenue
Weatherford, TX 76086
Listing #21126662
About This Property
Improved Cap Rate 8.9% due to lease rate increases. LOCATION LOCATION LOCATION!!! The Chateau Apartments -- A Premier Investment Opportunity in the Heart of Weatherford. The Chateau Apartments offer an exceptional blend of stability, convenience, and long-term performance. With tenants who move in and rarely move out, this community consistently demonstrates outstanding resident retention and a solid 100% occupancy rate. Ideally situated within effortless walking distance of virtually every amenity one could desire, the property enjoys an unbeatable location. Gibson's , CVS, and many restraints are directly next door, and the Weatherford Courthouse is just steps away--close enough to reach with a well-placed golf swing. Recent capital improvements include a new roof installed in 2025, along with freshly sealed and striped parking areas, ensuring the exterior remains both attractive and well-protected. Residents benefit from ample covered parking, an on-site laundromat, and a welcoming courtyard fountain that enhances the community's charm. Under the same ownership and management since 2006, the property has been meticulously maintained by a reliable local maintenance team. This level of consistent care positions the Chateau Apartments as one of the strongest multifamily investment opportunities currently available in Parker County. P&L and RR are in the transaction desk. The owner is also offering the Casa Del Sol Apartment Complex (MLS# 21126626), creating the potential for a compelling combined acquisition.
Property Features
Location Information
County
Parker
Subdivision
Brackene
Interior Features
Interior
Open Floorplan
Floors
Carpet, Ceramic Tile, Simulated Wood
Has Fireplace
No
Appliances
Electric Cooktop, Electric Oven, Microwave, Refrigerator
Heating
Electric
Total Number of Units
23
Cooling
Electric
Exterior Features
Stories
2
Pool Description
None
Construction
Brick
Lot Size in Acres
0.914
Foundation
Slab
Lot Size in Sq. Ft.
39,813
Roof
Flat
Buildings
3
Utilities
Natural Gas Available, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
19,400
Parking Description
Open, Outside
Is One Story
No
School
Elementary School District
Weatherford ISD
Jr. High School
Hall
Elementary School
Ikard
High School
Weatherford
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Property SubType
Apartment
Tax Annual Amount
23951.0
Year Built
1969
Community Features
Laundry Facilities
Similar Listings
Mortgage Calculator
$9,807
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,567
Monthly Tax
$1,750
Monthly Insurance
$490
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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