720 Lakeside Dr Azle, TX 76020
This exceptional 0.81-acre commercial lot, located at 720 Lakeside Drive in Azle, Texas (zip code 76020, Tarrant County), presents a unique investment opportunity. Priced at $95,000, this property boasts convenient access to city water and sewer services. The absence of HOA fees or deed restrictions offers significant flexibility for development. The lot is zoned for single-family residential use, requiring a minimum of 1,000 square feet of living area and a two-car garage. Mobile homes are prohibited by city ordinance. This location offers the advantage of proximity to Eagle Mountain Lake and its marina, providing recreational opportunities and potential for increased property value. The property's APN is 00455237. Buyers are encouraged to bring their own builder to realize the full potential of this versatile land parcel. This is an excellent opportunity for those seeking a buildable lot in a desirable location with minimal restrictions. The property's size and location make it an attractive option for various development projects, subject to local zoning regulations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.