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Mike Bowman

[email protected] +1(817) 328-2342

$1,770,000

Est. payment - /mo

26 Beds

17 Baths

9,458 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,458 sqft

Subdivision Chamberless

MLS Listing ID 21036022

Bedrooms 26

Full Baths 17

HOA Y/N None

Total Fin. Sqft 9458

Year Built 2004

Annual Tax Amount $28,131

Lot Size 6.560 Acres

Acres 6.56

Property Sub-Type Multiple Single Units

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, Cable TV Available, High Speed Internet Available, Walk-In Closet(s)

Heating Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Concrete

Appliance Dishwasher, Electric Range, Water Filter, Water Purifier, Water Softener

Heat Source Electric

Exterior

Fence Metal, Wire

Utilities Available Aerobic Septic, Asphalt, Co-op Water, Gravel/Rock, Outside City Limits, Well

Roof Type Metal

Garage Yes

Building

Lot Description Adjacent to Greenbelt, Level, On Golf Course

Story One

Foundation Slab

Level or Stories One

Structure Type Metal Siding

Schools

Elementary Schools Silver Creek

High Schools Azle

School District Azle Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Britt Jones • Helen Painter Group, REALTORS

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker | License ID: 0273938

Broker License ID: 0273938

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255 Baughman Hill Road Azle, TX 76020

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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