$1,900,000
Active
257 Days Online
26 Beds17 Baths9,575 SQFT
Active

255 Baughman Hill Road Azle, TX 76020

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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.

  • Property TypeMulti-Family
  • NeighborhoodChamberless
  • CountyParker
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site257 Days
  • MLS StatusActive
  • MLS ID Number20444947
  • Home Size Source Assessor
  • Year Built2004
  • Lot Size6.56 Acres
  • Full Baths17
  • Partial BathsN/A

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General Features

  • Construction Metal Siding
  • Parking Driveway
  • Number of Stories 1
  • Acreage 6.56
  • Security Smoke Detector(s)
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • Foundation Slab
  • Listing Conditions Standard

Interior Features

  • Cooling Ceiling Fan(s)Central AirElectric
  • Heating Electric
  • Appliances DishwasherElectric RangeWater FilterWater PurifierWater Softener
  • Flooring Concrete
  • Interior Built-in FeaturesCable TV AvailableHigh Speed Internet AvailableWalk-In Closet(s)
  • Fireplaces 0

Exterior Features

  • Roof Composition
  • Fencing Wire
  • Waterfront Property No
  • Lot Adjacent to Greenbelt

Community Features

  • Security Features Smoke Detector(s)

Schools

School District
Unknown
Elementary School
Silver Creek
Middle School
Azle
High School
Azle

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Monthly Payment (Est.)

$10,062
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