255 Baughman Hill Road new Save Request In-Person Tour Request Virtual Tour
Azle,TX 76020
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,458 sqft
Price per Sqft $187
Subdivision Chamberless
MLS Listing ID 21036022
Bedrooms 26
Full Baths 17
Year Built 2004
Annual Tax Amount $28,131
Lot Size 6.560 Acres
Property Sub-Type Multiple Single Units
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.
Location
State TX
County Parker
Interior
Heating Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Concrete
Exterior
Fence Metal,Wire
Utilities Available Aerobic Septic,Asphalt,Co-op Water,Gravel/Rock,Outside City Limits,Well
Roof Type Metal
Building
Lot Description Adjacent to Greenbelt,Level,On Golf Course
Story One
Foundation Slab
Structure Type Metal Siding
Schools
Elementary Schools Silver Creek
High Schools Azle
School District Azle Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21036022