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.
For sale
$1,770,000
255 Baughman Hill Rd, Azle, TX 76020
26beds
9,458sqft
Est.:
Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$187/sqft
$-- HOA
What's special
Well-maintained duplexes
- 135 days |
- 298 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: August 21, 2025 at 06:11pm
Listed by:
Britt Jones 0746675 4055900903,
Helen Painter Group, REALTORS 817-923-7321
Source: NTREIS,MLS#: 21036022
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
- Bathrooms: 1
- Full bathrooms: 17
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Water Softener, Water Purifier
Features
- Built-in Features, High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring: Concrete
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 9,458
- Total interior livable area: 9,458 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Driveway
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Metal,Wire
Lot
- Size: 6.56 Acres
- Features: Backs to Greenbelt/Park, Level, On Golf Course
Details
- Parcel number: R000039025
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Community/Coop, Well
- Utilities for property: Septic Available, Water Available, Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Chamberless
HOA
- Has HOA: No
Location
- Region: Azle
Financial & listing details
- Price per square foot: $187/sqft
- Tax assessed value: $1,661,830
- Annual tax amount: $28,131
- Date on market: 8/21/2025
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,217/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Listed for sale | $1,770,000-6.8%$187/sqft |
Source: NTREIS #21036022 Report a problem | ||
| 4/2/2025 | Listing removed | $1,900,000$201/sqft |
Source: NTREIS #20761827 Report a problem | ||
| 10/24/2024 | Listed for sale | $1,900,000$201/sqft |
Source: NTREIS #20761827 Report a problem | ||
| 9/30/2024 | Listing removed | $1,900,000$201/sqft |
Source: NTREIS #20444947 Report a problem | ||
| 10/2/2023 | Listed for sale | $1,900,000-15.6%$201/sqft |
Source: NTREIS #20444947 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,805 +1.5% | $1,661,830 -0.1% |
| 2023 | $9,663 +165.1% | $1,663,850 +188.1% |
| 2022 | $3,646 -0.1% | $577,460 +3.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,562/mo
Principal & interest
$8788
Property taxes
$2154
Home insurance
$620
Climate risks
Neighborhood: 76020
Nearby schools
GreatSchools rating
- 4/10Azle Elementary SchoolGrades: 5-6Distance: 2.8 mi
- 6/10Azle J H SouthGrades: 7-8Distance: 2.5 mi
- 6/10Azle High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Silver Creek
- High: Azle
- District: Azle ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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