Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Azle, TX Development Land Title is generated by Realmo AI

    3.78 Acres Boyd Road, Azle, TX 76020

    View on Map
    Claim this Listing
    For Sale
    $400,000

    Unimproved Land - Azle, TX

    Type:Unimproved Land
    Lot size:
    3.78 Acres
    Added:
    Sep 15, 2025
    Days on Market:
    259
    Last Refresh:
    May 31 at 6:06 pm

    Property Features for 3.78 Acres Boyd Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000013190
    Lot size
    3.78 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Marsha Hardin

    Listing agent Marsha Hardin License #0441568

    Listing office Marsha Hardin Real Estate LLC 112-A E. Main, Azle, TX

    Listing date Sep 15, 2025

    MLS# 20641933 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime development land in a fast‑growing corridor of Azle.
    • Zoned commercial, ideal for retail development.
    • City water and sewer available.
    • Total of 7.54 acres available when combined with the adjoining 3.76‑acre tract.
    • 3.78 acre tract.
    • Easement available on the south side of the property.

    Overview

    This 3.78-acre tract of unimproved land is located in Azle, Texas, within a fast-growing corridor. Zoned for commercial use, the property offers an opportunity for retail development. City water and sewer services are available. An easement is available on the south side of the property. An additional adjoining 3.76-acre tract is also for sale, creating a total of 7.54 acres available for development. The adjoining tract has an easement to Boyd Road through the RaceTrac property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.5462058
    Latitude
    32.9076349

    Nearby Similar for Sale

    • $300,000

      Pelican Bay Commercial Lot Near Lake

      1.28-acre commercial lot near Eagle Mountain Lake in Pelican Bay.
      1350 Sandy Beach Road, Pelican Bay, TX 76020
      View Details
    • $1,200,000

      Retail Property in Azle, Texas

      Retail property for sale in Azle, Texas.
      12258 S Fm 730, Azle, TX 76020
      View Details
    • $535,000

      Prime Commercial Land in Azle, TX

      2.31 acres with high visibility on Jacksboro Highway frontage.
      936 Southeast Parkway, Azle, TX 76020
      View Details
    • $385,000
      1,622 SF

      Versatile Country Property in Azle, TX

      Residential and agricultural property with ample space and functionality.
      900 Silver Creek Azle Road, Azle, TX 76020
      View Details
    • $750,000

      Azle Commercial Development Land

      1.33 acre commercial land in Azle, Texas.
      833 Boyd Road, Azle, TX 76020
      View Details
    • $425,000

      Prime Commercial Land in Azle, TX

      Spacious land with excellent frontage, ideal for future development.
      1716 Southeast Parkway, Azle, TX 76020
      View Details
    • $950,000

      Prime Commercial Land in Azle

      High-visibility commercial property with redevelopment potential near Azle High School.
      1129 Boyd Road, Azle, TX 76020
      View Details
    • $619,000
      4,000 SF

      Versatile Live-Work Property in Azle

      Live and work on 2.93 acres near Eagle Mountain Lake.
      134a Cedar Creek Drive, Azle, TX 76020
      View Details
    • $299,000
      1,306 SF

      Updated Condo on Eagle Mountain

      Move-in ready condo with lake views and income potential.
      390 Driftwood Court, Azle, TX 76020
      View Details
    • $1,350,000

      Premier Lakefront Lot on Eagle

      1.1-acre lakefront lot with improvements on Eagle Mountain Lake.
      216 N Broadway Road, Azle, TX 76020
      View Details
    • $675,000

      Waterfront Land on Eagle Mountain Lake

      1.22 acre waterfront property with main and guest houses.
      13350 Miller Road, Azle, TX 76020
      View Details
    • $395,000

      Commercial Land in Azle, TX

      1.547 acre commercial lot in a busy corridor.
      11540 Fm 730 N, Azle, TX 76020
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.78 acres of commercial land in a fast-growing corridor.
    Where is this commercial land located?
    The property is located at 3.78 Acres Boyd Road Azle, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Prime development land in a fast‑growing corridor of Azle.; Zoned commercial, ideal for retail development.; City water and sewer available.
    (817) 444-5330
    We can help!
    Listing Contact
    Marsha Hardin
    Real Estate License ID: 0441568
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3.78 Acres Boyd Road, Azle, TX 76020
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!