Listing provided courtesy of Helen Painter Group, REALTORS- MLS# 21036022MLS ProviderContact Information: Britt Jones - 4055900903,4055900903

255 Baughman Hill RoadAzle, TX 76020

Multi-Family · 26 Beds · 17 Full Baths · 9,458 Sq. ft. | 6.56 Acres
$1,770,000 Active

255 Baughman Hill Road Overview

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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.

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255 Baughman Hill Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,458
  • Price/Sq.ft. $187
  • Lot 6.56 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Azle ISD
  • Elementary School: Silver Creek
  • High School: Azle

Income/Expenses

  • Gross Income: 140000.0
  • Insurance Expense: 20000.0
  • Net Operating Income: 40000.0

Building Information

  • Year Built: 2004
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: AZLE
  • Subdivision Name: Chamberless

Tax Information

  • Tax Annual Amount: 28131.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: R000039025
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 17
  • Bathrooms Half: 0
  • Bathrooms Total: 17
  • Bedrooms Total: 26

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 9458.0

General Information

  • Appliances: Dishwasher,Electric Range,Water Softener,Water Purifier
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Concrete
  • Foundation Details: Slab
  • Interior Features: Built-in Features,High Speed Internet,Cable TV,Walk-In Closet(s)
  • Levels: One
  • Living Area: 9458.0
  • Security Features: Smoke Detector(s)
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 10.0

Lot Information

  • Lot Features: Backs to Greenbelt/Park,Level,On Golf Course
  • Lot Size Acres: 6.56
  • Lot Size Area: 6.56
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 285753.6
  • Lot Size Units: Acres
  • Number Of Buildings: 5
  • Road Surface Type: Asphalt,Gravel
  • Water Source: Community/Coop,Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Metal Siding
  • Roof: Metal

General Information

  • Carport: No
  • Fencing: Metal,Wire
  • Number Of Units Total: 9
  • Pool Features: None
  • Sewer: Aerobic Septic
  • Utilities: Septic Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 4

Unit 3 Details

  • Unit Type: 3 Bedroom
  • Units Total: 4

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

255 Baughman Hill Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

255 Baughman Hill Road Market Data

Based on the last 30 days in this zip code

$498,682
Average List Price
$231
Average Price per Square Foot
60
Properties Sold
125
Average Days on Market
380
Properties for Sale
Calculations provided by Reliance Network


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