$3,750,000
10± Acres
Active
Parker County, TX

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
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
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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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: June 15, 2024 at 12:00:00 AM UTC

Listed By: Dustin Wright of Keller Williams Realty