255 Baughman Hill Rd, Azle, TX 76020
- $1,770,000
- 26
- BD
- 17
- BA
- 9,458
- SqFt
- List Price
- $1,770,000
- MLS#
- 21036022
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2004
- Construction Status
- Preowned
- Bedrooms
- 26
- Full Baths
- 17
- Acres
- 6.56
- Living Area
- 9,458
- County
- Parker
- City
- Azle
- Subdivision
- Chamberless
- Building Name
- Tbd
Property Description
Outstanding investment and development opportunity on 6.5 acres directly adjoining the 7th Tee of Cross Timbers Golf Course in Azle. This rare property features four well-maintained duplexes plus a flexible manager’s office, offering immediate income potential. The site has been thoughtfully planned and provides incredible options for future growth. According to engineering, there is potential to expand with up to six additional duplexes, significantly increasing rental capacity. Another unique opportunity is to create a private estate at the rear of the property, while continuing to generate consistent income from the multi-family units at the front. The layout is ideal for a family compound, multi-generational living, or a diversified small business venture. Infrastructure is already in place to support multiple uses, including two operational wells plus access to co-op water for added convenience. Located just outside city limits, owners benefit from no city taxes, yet annexation is an option as the property borders city jurisdiction. The blend of location, flexibility, and existing improvements makes this offering stand out. Whether you are an investor seeking a strong income-producing asset, a developer looking to expand, or a buyer wanting to build a dream estate with additional income properties, the possibilities here are endless.
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Additional Information
- Unexempt Taxes
- $28,131
- Lot Size
- 285,753
- Acres
- 6.56
- Lot Description
- Backs To Greenbelt Park, Level, Golf
- Interior Features
- High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring
- Concrete
- Foundation
- Slab
- Roof
- Metal
- Stories
- 1
- Pool Features
- None
- Parking Garage
- Driveway
- School District
- Azle Isd
- Elementary School
- Silver Creek
- High School
- Azle
- Possession
- CloseOfEscrow
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Listing courtesy of Britt Jones from Helen Painter Group, REALTORS. Contact: 4055900903,4055900903