Discover an exceptional investment opportunity on 6.5 acres, strategically positioned alongside the 7th Tee of the Cross Timbers Golf Course in Azle. This unique property boasts a portfolio of four well-maintained duplexes, along with a versatile manager's office. Imagine the possibilities: The property is primed for expansion with the potential to add six more duplexes, according to engineer. Alternatively, envision building your dream estate at the rear of the property, while retaining the multi-family units up front for a steady income stream. Whether you're considering a family compound or a diversified small business venture, this site offers unparalleled flexibility. Resourcefully planned, the property is equipped with two operational wells and also offers access to co-op water for added convenience. Enjoy the financial benefits of no city taxes, as the property resides just outside city jurisdiction. However, the option to annex is available, as the property borders city limits.
Property Type :
Residential Income
Subdivision :
Hardin Village
County :
Parker
Style :
Residential Income
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ByOwner last updated this listing 05/02/2024 @ 12:07
MLS: 432225338
LISTED BY: Terrence Bilodeau, Compass RE Texas, LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
