Property
Beds
26
Full Baths
17
1/2 Baths
None
Year Built
2004
Sq.Footage
9,458
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.
Features & Amenities
Interior
-
Other Interior Features
Built-in Features, Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
26
-
Bathrooms
17
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Metal Siding
-
Parking
Driveway, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level, On Golf Course
-
Lot Size(acres)
6.56
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$1,770,000
-
Tax Amount
28131.0
-
Sq. Footage
9, 458
-
Price/SqFt
$187
HOA
-
Association
No
School District
-
Elementary School
Silver Creek
-
Middle School
Azle
-
High School
Azle
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Water Source
Well
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Location
County
Parker
Elementary School
Silver Creek
Middle School
Azle
High School
Azle
Listing Courtesy of Britt Jones , Helen Painter Group, REALTORS
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