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
Taxes
Visits
Year Built
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