Azle, TX 76020 255 Baughman Hill Road
$1,770,000



35 more




































Presented By: Britt Jones with Helen Painter Group, REALTORS; 4055900903
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
Presented By: Britt Jones with Helen Painter Group, REALTORS; 4055900903
Interior Features for 255 Baughman Hill Road
Bedrooms
Total Bedrooms26
Bathrooms
Half Baths0
Total Baths17
Other Interior Features
Basement Y/NNo
Fireplaces Total0
FlooringConcrete
Interior FeaturesBuilt-in Features, Cable TV Available, High Speed Internet Available, Walk-In Closet(s)
Lock Box TypeSee Remarks
Total Units9
Unit Count3
General for 255 Baughman Hill Road
# of Buildings5
AppliancesDishwasher, Electric Range, Water Filter, Water Purifier, Water Softener
Capitalization Rate2.26
Carport Spaces
CityAzle
Complex NameTBD
Construction MaterialsMetal Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyParker
DirectionsProperty is GPS friendly.
Elementary SchoolSilver Creek
Elementary School NameSilver Creek
Full Baths17
Gross Annual Expenses45000.00
HOA TypeNone
HeatingElectric
High SchoolAzle
Insurance Expense20000
Junior High SchoolAzle
LevelsOne
Listing TermsCash, Conventional
Occupant TypeOwner
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofMetal
School DistrictAzle ISD
Security FeaturesSmoke Detector(s)
Special NotesAerial Photo
Standard StatusActive
StatusActive
Subdivision NameChamberless
TenancyNo Smoking, No Sublease, No Waterbeds, Pet Restrictions, Pets Allowed, Written Application Only, Other
Unexempt Taxes28131
UtilitiesAerobic Septic, Asphalt, Co-op Water, Gravel/Rock, Outside City Limits, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2004
Year Built DetailsPreowned
Exterior for 255 Baughman Hill Road
Attached Garage Y/NYes
Building Area Total9458.00
FencingMetal, Wire
Foundation Slab
Garage Y/NYes
Lot FeaturesAdjacent to Greenbelt, Level, On Golf Course
Lot Size5 to < 10 Acres
Lot Size Acres6.5600
Lot Size Area6.5600
Lot Size SourcePublic Records
Lot Size Square Feet285753.6000
Lot Size UnitsAcres
Number Of Parking Spaces10
Parking FeaturesDriveway
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Silver Creek Elementary School

Suzanne Smith
Broker/Owner