UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Madden W C Add
MLS Listing ID 20911361
HOA Y/N None
Annual Tax Amount $4,497
Lot Size 1.294 Acres
Acres 1.294
Lot Dimensions 231X272
Property Sub-Type Improved Land
Property Description
Outstanding opportunity for new development on 2.66 acres of highly visible, strategically positioned land along State HWY-199, just 15 miles north of downtown Fort Worth. With essential infrastructure already in place, this property offers unmatched visibility to over 30,000 vehicles per day.
The property features a gentle slope from Wilshire Ave to the HWY-199 service road (Southeast Ave), creating an ideal layout for a wide range of development opportunities. The elevated positioning presents an exciting potential for multi-story projects to capture sweeping views in all directions, including Eagle Mountain Lake.
Key Highlights:
391 feet of frontage on HWY-199 and 190 feet on Wilshire Ave
High visibility and easy accessibility from multiple points
Current zoning (Commercial & Residential) allows for a wide array of uses — both by right and by Special Use Permit (SUP)
Directly adjacent to Azle's city landmark 'Welcome' sign, offering a developer the rare chance to share in the site's local prominence
Whether you're envisioning retail, office space, mixed-use, or residential development, this distinctive location provides the perfect canvas to bring your vision to life.
Let's talk about your plans — opportunities like this don't come along often!
Location
State TX
County Tarrant
Zoning Commercial & Residential
Direction Use GPS
Exterior
Utilities Available City Sewer, City Water, Electricity Available, Electricity Connected, Master Water Meter, Sewer Available, Other
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Eagle Heights
High Schools Azle
School District Azle Isd
Others
Restrictions Easement(s),No Divide,No Known Restriction(s)
Ownership See Tax
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20911361
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.