255 Baughman Hill Rd, Azle, TX 76020

Beds
26
Baths
17
Sqft
9,458

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Listed byHelen Painter Group, REALTORS
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
26
Number of bathrooms
17
Square feet
9,458
Lot size (acres)
6.56
Year built
2004

Exterior features

Area amenities
Golf Course

Utilities

Heating
Electric
Cooling
Electric, Central Air, Ceiling Fans

Estimated monthly costs

Insurance
$1,667

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: North Texas Real Estate Information Systems (NTREIS) MLS®#: 21036022 Last checked:

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.