Exciting opportunity available in Azle on 6.5 acres backing to the 7th Tee of the Cross Timbers Golf Course. The property is improved with four duplexes and a manager's office. The manager's office features an oversized 2 car garage and 2 bedroom floorplan that could be converted into a three bedroom layout. It is feasible to add an additional six duplexes according to Parker county engineer. You can also choose to build an estate in the rear and keep the multi-family up front for income or use as a family compound or small business. Two wells on property currently, also has access to co-op water. No city taxes, outside of city limits but could be annexed if preferred since it abuts city limits.
- Price:
- $2,250,000
- Bedrooms:
- 26
- Full Baths:
- 17
- Acreage:
- 6.56
- Year Built:
- 2004
- Listing ID #:
- 20263506
- Street Address:
- 255 Baughman Hill Rd
- City:
- Azle
- State:
- Texas
- Postal Code:
- 76020
- County:
- Parker
- Subdivision:
- Chamberless
- Listing Status:
- Active
- Listing Type:
- Multi Family
School District: Azle Isd
PRESCHOOL-4
600 students
15 student/teacher
- Building Security:
- Smoke Detector(s)
- Construction Description:
- Metal Siding
- Flooring:
- Concrete
- Foundation:
- Slab
- Interior Features:
- Built-In Features, Cable Tv Available, High Speed Internet Available, Walk-In Closet(s)
- Number Of Units:
- 9
- Number Of Units:
- 3
- Stories:
- One
- Total # Of Buildings:
- 5
- Type Of Roof:
- Composition
- Year Built:
- 2004
- Year Built Description:
- Preowned
- Annual Insurance Expenses:
- 17231
- Capitalization Rate:
- 1.87
- Gross Expenses:
- 43726.00
- Gross Income:
- 85890.00
- Approximate Lot Size Range Source:
- Assessor
- Lot Features:
- Adjacent To Greenbelt, Level, On Golf Course
- Lot Square Footage:
- 285753.6000
- Fence:
- Metal, Wire
- Garage Capacity:
- 2
- Garage Length:
- 26
- Garage Width:
- 39
- Parking Description:
- Driveway
- Parking Spaces:
- 10
- Appliances:
- Dishwasher, Electric Range, Water Filter, Water Purifier, Water Softener
- Cooling System:
- Ceiling Fan(s), Central Air, Electric
- Heating Fuel:
- Electric
- Utilities:
- Aerobic Septic, Asphalt, Co-Op Water, Gravel/Rock, Outside City Limits, Well
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Terrence Bilodeau with Bilodeau Group
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Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service.
