Golf Course
Address
255 Baughman Hill Road, Azle, TX
Price
$ 1,900,000
Property Attributes
  • MLS#20444947
  • TypeMulti-Family
  • CountyPARKER
  • CityAzle
  • NeighborhoodChamberless
  • Zip76020
  • StyleMultiple Single Units
  • Year Built2004
  • Taxes$ 10685
  • Price$ 1,900,000
  • Bedrooms26
  • Full Bathrooms17
  • Half Bathrooms0
  • Lot Size6.56 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

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.

Elementary School
Silver Creek Elementary School
Price History
10/2/2023 Listed $1,900,000

General Features

Heating Electric
Complex Name TBD
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Aerobic Septic,Asphalt,Co-op Water,Gravel/Rock,Outside City Limits,Well
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Electric Range,Water Filter,Water Purifier,Water Softener
Number of Garage Spaces 2
School District Azle ISD
Capitalization Rate 2.22
Year Built 2004
Levels One
Unexempt Taxes 10685
Will Subdivide No
Gross Annual Expenses 43726.00
Property SubType Multiple Single Units
Subdivision Name Chamberless
Insurance Expense 17231
Occupant Type Tenant
County Parker
Property Type Residential Income
Security Features Smoke Detector(s)
Construction Materials Metal Siding
Year Built Details Preowned
HOA Type None
# of Buildings 5
Status Active
Directions From 820 exit Hwy-199,left on Florence Dr,left on Silver Creek Azle Rd,right on Flat Rock Rd,right on Baughman Hill Rd. Property is on the left just beyond Jeremiah Trail.
City Azle
Buyer Agent Compensation 3
Elementary School Name Silver Creek
High School Azle
Street Name Baughman Hill
Elementary School Silver Creek
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20444947
Standard Status Active
Junior High School Azle
Buyer Agent Compensation Type %

Interior Features

Interior Features Built-in Features,Cable TV Available,High Speed Internet Available,Walk-In Closet(s)
Flooring Concrete
Total Units 9
Unit Count 3
Full Baths 17
Lock Box Type Blue BT LE
Street Suffix Road
Total Bedrooms 26

Exterior Features

Lot Features Adjacent to Greenbelt,Level,On Golf Course
Fencing Metal,Wire
Garage Length 26
Garage Width 39
Lot Size Source Assessor
Parking Features Driveway
Foundation Slab
Lot Size Area 6.5600
Number Of Parking Spaces 10
Lot Size Units Acres
Building Area Total 9575.00
Lot Size Square Feet 285753.6000
Lot Size Acres 6.5600

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 76020

Price
AVG $750K
$1.9M
Taxes
AVG $5,589
$10,685
Visits
AVG 58
141
Data Provided by Inside Real Estate®
Year Built
AVG 2003
2004

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