$3,750,000

10± Acres

Active

Parker County, TX

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7311 Fm 1886, Azle, Texas

MLS ID: 20504457

Status: Active

Price: $3,750,000

Acres: 10±

Type: Business, Commercial

Address: 7311 Fm 1886

City, State: Azle, TX

County: Parker County

ZIP Code: 76020

Lat/Long: 32.833058, -97.611617

Parcel Number: R000110897

Year Built: 2022

Description

Introducing Cabins at Rocky Top – a premier investment opportunity in Azle, Texas. This distinguished 10-acre property features a nearly fully-leased cabin community, offering a rare combination of immediate cash flow and significant growth potential. With its mix of one-story and loft-style units, this development caters to a diverse tenant base seeking the allure of cabin living with modern conveniences.

Investment Highlights:

Land Size: 10.004 Acres

Total Units: 12 (6 One-Story, 6 Two-Story Lofts)

Leasing Office: On-site for management and tenant services

Occupancy: 92% leased, providing immediate revenue

Future Expansion: 2 additional cleared sites ready for development

Unit Specifications:

One-Story Units: 1,270 sq. ft., 3 bed 2 bath, fully-equipped kitchen, laundry, dining

Loft Units: 1,670 sq. ft., 3 bed 2 bath, two-level living, premium features

Construction: High-quality materials for durability and reduced maintenance costs

Directions: GPS. West of Farmer Rd 3325 and FM 1886

Additional Information

Interior

Building Area Total: 18,200

Cooling (Yes/no): Yes

Cooling: Central Air, Ceiling Fans, Electric

Flooring: Vinyl, Wood

Heating (Yes/no): Yes

Heating: Central, Electric

Exterior

Foundation Details: Slab

Lot Size Area: 10

Lot Size Source: Plans

Lot Size Square Feet: 435,774

Parking Features: Driveway, On Site

Road Surface Type: Dirt

Roof: Metal

Water Source: Well

Financial/HOA/Schools

Subdivision Name: Wright-tucker Farm

Tax Annual Amount: 34586

Zoning Description: No Zoning

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20504457

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 27, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 27, 2024 at 12:00:00 AM UTC

Listed By: Dustin Wright of Keller Williams Realty