Active

255 Baughman Hill Road

Azle, Texas 76020

$1,770,000 $7,462/Mo

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Overview

Bed

Bath

9,458

Sqft

6.56

Acres(Lot)

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.

Property Details

Property Type : Residential Income

Price : $1,770,000

AD Id : 66667489

MLS Id : 534313866

Beds : 26

Lot Size : 6.56 Acres

Living Area Size : 9,458

Year Built : 2004

County : Parker

Subdivision: Magnolia Add Ph B

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 26

Bathroom Information

Total Baths: 17 Full Baths: 17 Half Baths: 0
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

Utilities

Aerobic Septic,Asphalt,Co-op Water,Gravel/Rock,Outside City Limits,Well
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Electric

Fireplace

Number of Fireplaces: 0

Building Information

Built Year: 2004 Building Area Total: 9,458 Construction: Metal Siding Roof Type: Metal
Foundation

Slab

Security Features

Smoke Detector(s)
Fencing

Metal,Wire

Construction Materials

Metal Siding

Lot Information

Lot Size (Acr): 6.5600 Lot Size Units: Acres Lot Size Square Feet: 285,754 Lot Size Source: Public Records Lot Features: Adjacent to Greenbelt,Level,On Golf Course
Property Information

SQ ft (Living Area): 9,458 Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Chamberless City: Azle State: Texas Directions: Property is GPS friendly. Property Status: Active Levels: One Property Age: 22 Year Built Details: Preowned

Listing Price Information

Original List Price: $1,770,000 List Price Tot SqFt: $187
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R000039025 Tax Legal Description: ACRES: 6.560 TRACT: 17 & 18A ABST: 314 SURVEY Unexempt Taxes: $28,131

Parking Information

Has Garage Carport Spaces: 0 Parking: 10 Parking Features: Driveway
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Silver Creek High School: Azle Junior High School: Azle School District: Azle ISD
Utility Information

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

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1408 Spinnaker Lane, Azle, TX, 76020	$429,900	3	2	2,740	2,740 SqFt
509 Topside Drive, Azle, TX, 76020	$328,000	4	2	2,089	2,089 SqFt
232 Blanco Drive, Azle, TX, 76020	$309,990	4	2	1,656	1,656 SqFt
236 Blanco Drive, Azle, TX, 76020	$299,990	3	2	1,448	1,448 SqFt
616 Cameron Way, Azle, TX, 76020	$295,000	3	3	2,470	2,470 SqFt
103 Iron Horse Court, Azle, TX, 76020	$849,000	5	4	3,090	3,090 SqFt
900 Reese Lane, Azle, TX, 76020	$1,350,000	12	6	--
1029 Deer Island Court, Azle, TX, 76020	$489,900	4	2	2,387	2,387 SqFt
170 High Ridge Drive, Azle, TX, 76020	$630,000	5	3	2,240	2,240 SqFt

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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/11/2026 @ 12:21

MLS: 534313866 LISTED BY: Britt Jones, Helen Painter Group, REALTORS 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information