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$78,408

NAL Estimated Property Value

1129 Boyd Road 0.82 Acres, Azle, TX, 76020

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size19,602 sqft

Land Information

APN45115-1-2
Lot Number2
SubdivisionWasser Addition
Land UseCommercial
Legal DescriptionWASSER ADDITION BLOCK 1 LOT 2
Census Tract114204
Assessed Land Value$78,408
Assessment Year2025

About this property

Prime commercial land located on FM 730 at the north entrance to Azle, one of the city’s most visible and rapidly growing corridors. Positioned next to Reata Apartments and directly across from Azle High School, the site benefits from exceptional exposure to daily traffic and strong surrounding residential density. The property sits in the middle of an established and expanding customer base, with nearby neighborhoods, apartment residents, and constant school activity creating built-in demand for retail, restaurant, office, or service-oriented businesses. With easy access to major roadways and strong frontage along FM 730, the site offers excellent development potential for a variety of commercial uses. Whether envisioned as retail, medical, professional office, or service businesses, the location provides the visibility and accessibility businesses need to succeed. Opportunities to acquire commercial land in this highly desirable part of Azle are limited, making this a rare chance for developers or investors to secure a strategic site in one of the city’s fastest growing areas.

Investor Tools

Property Icon
$78,408
Estimated Property Value
$0Estimated Mortgage Balance
$78,408Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,741
$78,408
2025
$78,408
N/A
$78,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,741
$78,408

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$78,408
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Azle

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1129 Boyd Road 0.82 Acres | Property Details | No Agent List