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Re: Lake Weatherford [Re: Brad Dunn] #5123844 07/23/10 11:38 PM
Joined: May 2004
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dgilbert Offline
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Lake levels would be a big concern, this year is great, the pass not so great.

Re: Lake Weatherford [Re: fishingallday] #12302122 06/20/17 04:43 AM
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One Blessed Dude Offline
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I'm headed out there for the first time tomorrow. Trying to catch bass. Any tips?

Re: Lake Weatherford [Re: bakerlies2allen] #12302181 06/20/17 11:29 AM
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Brad R Offline
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Originally Posted By: bakerlies2allen
Look hard at the property taxes. They never charged property tax, but now I hear they do even though it's 'city property'. Heard some horror strories!


No, property taxes have always been assessed on the "improvements," that is, on the home you buy or build, garages, etc. The physical structures. However, lake home owners don't own the land, they lease it. So, in addition to the property taxes, they pay an annual lease for the land itself.

The lake has morphed a bit over the decades. It was once dominated by smaller almost fishing shacks on septic tanks. Some still exist out there but they are being razed and the land used for newer and larger homes. Once the city made improvements, adding a sewage system was a big deal, much nicer homes began to pop up around the lake.

I have fished it. I think it is a good crappie lake. For LMBs, it is like a lot of FW area lakes: you can catch a fair number of rather small ones, then the occasional giant.

The best thing about the lake? It is out in the country yet just a short drive back into FW so it has become popular for people who need access to work.

Brad

Re: Lake Weatherford [Re: fishingallday] #12302188 06/20/17 11:34 AM
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Brad R Offline
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I should have added that Possum Kingdom also used land leases historically, then converted to fee simple ownership as best I recall.

Weatherford? How short-sighted it is to think that it will attract the best "revenue base" by leasing the land. Some people, a lot of people, are hesitant to build nice properties on land leases.

Just a guess that if the lots were converted to fee simple ownership that Weatherford's tax collections would go up dramatically. Why? People would build bigger and more expensive homes to tax.

It would also likely price anyone looking for a small and simple weekend home out of the market, so it isn't all good.

Brad

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