Description
255 Baughman Hill Road,
Azle,
TX
76020
Discover an exceptional investment opportunity on 6.5 acres, strategically positioned alongside the 7th Tee of the Cross Timbers Golf Course in Azle. This unique property boasts a portfolio of four well-maintained duplexes, along with a versatile manager's office. Imagine the possibilities: The property is primed for expansion with the potential to add six more duplexes, according to engineer. Alternatively, envision building your dream estate at the rear of the property, while retaining the multi-family units up front for a steady income stream. Whether you're considering a family compound or a diversified small business venture, this site offers unparalleled flexibility. Resourcefully planned, the property is equipped with two operational wells and also offers access to co-op water for added convenience. Enjoy the financial benefits of no city taxes, as the property resides just outside city jurisdiction. However, the option to annex is available, as the property borders city limits.
This is an Active listing.
Broker Office Phone Number: 214-814-8100
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Amenities
- Dishwasher
- Fenced
- Walk-in Closet(s)
- Water Softener
- Concrete Flooring
- Washer / Dryer
- Ceiling Fan
- Composition Shingle Roof
- Driveway
Listing By: Compass RE Texas, LLC via Data Source: North Texas Real Estate Information Systems, Inc.
Multi Family
Property type
Azle Independent
School District
Azle Independent
School District
azle-isd-azle-tx
Schools
Silver Creek
Elementary
Price History
date | price | variance | type |
---|
10/5/2023 | $1,900,000 | - | Listed |
listing agent: Terrence Bilodeau