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7311 Fm 1886 Azle, TX $ 3,750,000
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$ 3,750,000 Get more info
7311 Fm 1886
$ 3,750,000
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Share Save

7311 Fm 1886

Azle, TX, 76020
$ 3,750,000
Baths0.0

Monthly Estimate*

$ 24,924

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Studio

Commercial Property for sale in Azle, TX

for $3,750,000. This building was built in 2022 on a lot size of 10.004.

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

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Commercial Active

Price

$ 3,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 34,586

Style

Business

Lot Size

10.004

Year Built

2022

Town/City

Azle

County/Region

Parker

MLS | Web ID

20504457
Features
General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities Dirt Electricity Available Electricity Connected Private Sewer Well Other
Ceiling Height 8 to10 Feet 11 to 14 Feet
Possession Negotiable
Roof Metal
Year Built 2022
Business Type Hospitality Rental Residential
Property SubType Business
Subdivision Name Wright-Tucker Farm
County Parker
Property Type Commercial Sale
Construction Materials Brick Wood
Year Built Details Preowned
Status Active
Directions GPS. West of Farmer Rd 3325 and FM 1886
City Azle
Buyer Agent Compensation 2.5
Street Name Fm 1886
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Vinyl Wood
Total Stories 2
Total Units 13
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Exterior
Lot Size Source Plans
Parking Features Driveway On Site
Lot Size 10 to < 50 Acres
Foundation Slab
Building Area Total 18200.00
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Internal Only
Street Number 1 7311
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* Excluded Features
List By
Dustin Wright

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$27,806
Per Month
90%
10%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$2,882
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/19/2024 $3,750,000 -3.85% Price Down
1/3/2024 $3,900,000 Listed Price

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7311 Fm 1886, Azle, TX, 76020 is a Commercial Property for sale at $3,750,000 with a lot size of 10.004. 7311 Fm 1886 is a studio with 0.0 baths and was built in 2022. The property's zip code is 76020 which is in Azle, TX

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