$1,770,000

255 Baughman Hill Rd Azle, TX 76020

Estimated payment $11,618/month

Total Views 4,394
26 Beds
17 Baths
9,458 Sq Ft
$187 Price per Sq Ft

Highlights

  • On Golf Course
  • Adjacent to Greenbelt
  • Built-In Features
  • 6.56 Acre Lot
  • Attached Garage
  • Walk-In Closet

About This Home

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.

Listing Agent

Britt Jones

Helen Painter Group, REALTORS Brokerage Phone: 4055900903 License #0746675 Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,131

Year Built

  • Built in 2004

Lot Details

  • 6.56 Acre Lot
  • On Golf Course
  • Adjacent to Greenbelt
  • Aluminum or Metal Fence
  • Wire Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 9,458 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Concrete Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 26 Bedrooms
  • Walk-In Closet
  • 17 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Schools

  • Silver Creek Elementary School
  • Azle High School

Utilities

  • Central Air
  • Heating Available
  • Water Purifier
  • Water Softener
  • Aerobic Septic System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R000039025

Community Details

Overview

  • 9 Units
  • 9,458 Sq Ft Building
  • Chamberless Subdivision

Building Details

  • Gross Income $140,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,131

Year Built

Built in 2004

Lot Details

0

Listing Details

  • OWNERNAME: Of Record
  • Property Type: Residential Income
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 4055900903,4055900903
  • CapRate: 2.26
  • Co List Office Mls Id: PAIN00FW
  • HumanModifiedYN: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:R000039025
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 2004

Interior Features

  • Square Footage: 9458.0
  • Interior Amenities: Built-in Features, High Speed Internet, Cable TV, Walk-In Closet(s)
  • Flooring: Concrete
  • Appliances: Dishwasher, Electric Range, Water Softener, Water Purifier
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 17
  • Total Bedrooms: 26

Exterior Features

  • Foundation: Slab
  • Fencing: Metal, Wire
  • Roof: Metal
  • Construction Materials: Metal Siding
  • Pool Features: None
  • Waterfront: No
  • RoadSurfaceType: Asphalt, Gravel

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Driveway
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Aerobic Septic
  • Heating: Electric
  • Utilities: Septic Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Silver Creek
  • High School: Azle
  • Junior High Dist: Azle ISD

Lot Info

  • Lot Features: Backs to Greenbelt/Park, Level, On Golf Course
  • Lot Size Units: Acres
  • Lot Size Area: 6.56
  • Parcel Number: R000039025
  • Lot Size Acres: 6.56
  • Lot Size Sq Ft: 285753.6

Building Info

  • Year Built: 2004
  • Units Total: 9

Multi Family

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

Tax Info

  • Tax Annual Amount: 28131.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 For Sale $1,770,000 -- $187 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21036022

North Texas Real Estate Information Systems (NTREIS)

APN: 20314-031-000-00