255 Baughman Hill Road, Azle, 76020-1960, TX

$1,900,000

26 Beds
0 Bath
6.56 Acres
2 Garages

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.

Essential Information
MLS® #20444947
Price$1,900,000
Bedrooms26
Bathrooms0.00
Full Baths17
Acres6.56
Year Built2004
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address255 Baughman Hill Road
SubdivisionChamberless
CityAzle
CountyParker
StateTX
Zip Code76020-1960
Amenities
Parking Spaces10
# of Garages2
GaragesDriveway
Utilities

Aerobic Septic, Asphalt, Well, Co-op Water, Gravel/Rock, Outside City Limits

Interior
HeatingElectric
Interior Features

Cable TV Available, High Speed Internet Available, Walk-In Closet(s), Built-in Features

Exterior
RoofComposition
ConstructionMetal Siding
FoundationSlab
Lot Description

Adjacent to Greenbelt, Level, On Golf Course

School Information
DistrictAzle ISD
ElementarySilver Creek
HighAzle
Listing Details
AgentTerrence Bilodeau
OfficeCompass RE Texas, LLC
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Listing information last updated on April 29th, 2024 at 11:21am CDT.