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  3. Interior
  4. Exterior
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Status: Active

8700 FM 920 
Weatherford, TX 76088

$599,950

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Rare opportunity to own an established family business. Merls 111 restaurant included in sale of property. Property is sold together. The home was part of the original town of Peaster and has been completely redone and new central HVAC installed by current owners. Could be a five bedroom if needed, with 3 full baths. One bedroom currently a home office. The most enchanting setting nestled amongst huge pecan and oak trees, this property is fully fenced and cross fenced in privacy height wood fencing. Picket fence in front leads you up a shaded concrete walkway to the expansive front porch. Once inside you are hit with a huge open space living area featuring wood burning fireplace. the bedrooms run along the sides and back of the home. Kitchen is well equipped and features knotty Alder cabinets. The backyard oasis has a nice above ground pool with skimmer and cleaning equipment. There is an older barn shop that is charming and has a covered slab to the side offering a spot for entertaining or hanging out. The backyard is huge and shaded by large Pecan trees and privacy fence. Now for the restaurant, Merls 111 is a popular smokehouse open only on Friday evenings and all day Saturday. With covered and open dining, live music venue and fully equipped smokehouse with all cooking equipment. The diner has a bathroom for patrons, flat screen TV wiring and an established customer base. The books for the diner are available to view for qualified buyers. Traffic count is incredibly high and rising. Walk to work, work with family, located across from Peaster FD, Peaster ISD, Peaster Church and convenience store and dollar general. There is a huge opportunity for a full time diner and music venue. The area is in need of this type of establishment and it currently makes enough to cover the mortgage with the minimal hours its currently open. Live and work from home, be part of a great community, ready to go. Contact agent for private showing to qualified buyers.
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Bedrooms
4
Baths
3
House Size
1,859 sqft
Year Built
1900
Lot Size
0.65 ac
School District
Peaster ISD

Location

Market Insights

In the last 30 days, homes for sale in 76088, Weatherford, TX were on the market for a median of 34 days and 12.5% of homes sold above list price.

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Interior Information

appliances
Gas Oven
Gas Range
Washer
cooling
Ceiling Fan(s)
Central Air
Electric
features
Eat-in Kitchen
Open Floorplan
Pantry
Walk-in Closet(s)
High Speed Internet
fireplace
Wood Burning Stove
flooring
Hardwood
Tile
heating
Central
Electric
laundry features
Electric Dryer Hookup
Washer Hookup

Exterior Information

features
Courtyard
Private Entrance
Private Yard
Rv Hookup
Storage
Other
fence
Wood
patio and porch
Covered
Front Porch
Other
pool
Above Ground
roof
Composition

Property Information

foundation
Pillar/post/pier
lot
Wooded
other structures
Barn(s)
See Remarks
Storage
Workshop
parking
Additional Parking
Alley Access
Driveway
Enclosed
Parking Lot
Boat
Rv Access/parking
security features
Smoke Detector(s)
sewer
Septic Tank
subdivision name
Peaster Original Town
utilities
Electricity Connected
  • Listed By Johnny Purselley
  • slowhorses@att.net
  • Purselley Ranch & Residential
  • (817) 793-9274
  • slowhorses@att.net
  • MLS 20945405

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$2,259 (0%)$25,000$286,620$311,620 (0%)
2023$2,259 (-24.8%)$25,000$286,620$311,620 (+75.2%)
2022$3,005 (+108.9%)$25,000$152,910$177,910 (+66.3%)
2021$1,438$25,000$81,980$106,980

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$3,549

30 year fixed·6.9% interest rate
Principal & Interest
$3,161
Property Taxes
$188
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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