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.
Details
| MLS # | 21036022 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 369 |
| Listing Provided By | Helen Painter Group, REALTORS | Britt Jones |
Features
| Bed(s) | 26 |
|---|---|
| Bath(s) | 17 Total |
| SQ Feet | 9,458 |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 5 |
| Acreage | 6.56 |
Interior
| Cooling | Ceiling Fan(s), Central Air, Electric |
|---|---|
| Heating | Electric |
| Interior Features | Built-in Features, Cable TV Available, High Speed Internet Available, Walk-In Closet(s) |
| Appliances | Dishwasher, Electric Range, Water Filter, Water Purifier, Water Softener |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Smoke Detector(s) |
| Construction Materials | Metal Siding |
| Foundation Details | Slab |
| Lot Features | Adjacent to Greenbelt, Level, On Golf Course |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Driveway |
Utilities
| Utilities | Aerobic Septic, Asphalt, Co-op Water, Gravel/Rock, Outside City Limits, Well |
|---|
Taxes
| Unexempt Taxes | 28131 |
|---|---|
| Tax Legal Description | ACRES: 6.560 TRACT: 17 & 18A ABST: 314 SURVEY |
Area Information
| State | TX |
|---|---|
| County | Parker |
| City | Azle |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | Chamberless |
| School District | Azle ISD |
| Elementary School | Silver Creek |
| High School | Azle |
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Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Parker |
| City | Azle |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | Chamberless |
| School District | Azle ISD |
| Elementary School | Silver Creek |
| High School | Azle |