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Rise Realty

info@riserealtytexas.com +1(888) 774-7315

$ 1,770,000

Est. payment | -/mo

26 Beds

17 Baths

9,458 SqFt

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$ 1,770,000

Est. payment | -/mo

Save Virtual Tour

26 Beds

17 Baths

9,458 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,458 sqft

Price per Sqft $187

Subdivision Chamberless

MLS Listing ID 21036022

Bedrooms 26

Full Baths 17

HOA Y/N No

Year Built 2004

Annual Tax Amount $28,131

Lot Size 6.560 Acres

Acres 6.56

Property Description

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.

Location

State TX

County Parker

Direction Property is GPS friendly.

Interior

Interior Features Built-in Features, High Speed Internet, Cable TV, Walk-In Closet(s)

Heating Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Concrete

Fireplace No

Appliance Dishwasher, Electric Range, Water Softener, Water Purifier

Exterior

Parking Features Driveway

Fence Metal, Wire

Pool None

Utilities Available Septic Available, Water Available, Cable Available

Water Access Desc Community/Coop,Well

Roof Type Metal

Street Surface Asphalt,Gravel

Total Parking Spaces 10

Garage Yes

Private Pool No

Building

Lot Description Backs to Greenbelt/Park, Level, On Golf Course

Foundation Slab

Sewer Aerobic Septic

Water Community/Coop, Well

Level or Stories One

Schools

Elementary Schools Silver Creek

High Schools Azle

School District Azle Isd

Others

Tax ID R000039025

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21036022

Nearby Locations

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+1(888) 774-7315

info@riserealtytexas.com

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255 Baughman Hill RD Azle, TX 76020