$1,770,000

255 Baughman Hill Road, Azle, TX 76020

  • 26 beds |
  • 17 baths |
  • 9,458 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2004
  • Property Lot Size Icon6.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $187/sqft
  • Property List Date Icon Listed 19 days ago

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.

Listing Status:
Active
Listing Office:
Helen Painter Group, REALTORS : 817-923-7321
Listing Agent:
Britt Jones : 405-590-0903
MLS ID:
21036022
  • General: Built-in FeaturesHigh Speed InternetCable TVWalk-In Closet(s)
  • Appliances: DishwasherElectric RangeWater SoftenerWater Purifier
  • Flooring: Concrete
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: Electric
  • Fireplace: Fireplaces: 0

This listing courtesy of Britt Jones, Helen Painter Group, REALTORS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Silver Creek Elementary School

10300 S FM 730, Azle, TX, 76020

Grades PK-4

1.80 miles away

A

Azle Junior High School

201 School St, Azle, TX, 76020

Grades 7-8

2.49 miles away

A

Azle Hornet Academy

1010 Boyd Rd, Azle, TX, 76020

Grades 9-12

3.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.