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$555,040

NAL Estimated Property Value

1360 Northwest Pkwy, Azle, TX, 76020

Off MarketInfo
Baths0 Bath
Baths2,584 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size1.52 acres

Land Information

APN20588-006-002-00
Land UseCommercial
Legal DescriptionACRES: 1.520 ABST: 588 SURVEY: HUDSON THOMAS TR: BLK: SURV: THOMAS HUDSON
Census Tract140412
Assessed Land Value$331,060
Assessed Improvement Value$223,980
Assessment Year2025

About this property

Prime Commercial Lot on Jacksboro Highway 199! Excellent opportunity to own 1.52 acres of high-visibility commercial land in a rapidly growing area of Azle. Located directly on State Highway 199 with over 500 feet of outstanding road frontage and traffic exposure, this property offers ideal access and positioning for a variety of commercial developments. Perfect for retail, office, medical, or service-based businesses. The lot features level terrain, great ingress, egress, and strong surrounding demographics. Just minutes from downtown Azle and less than 30 minutes to Fort Worth. Extra land adjacent to this could be available, please call for details.

Investor Tools

Property Icon
$555,040
Estimated Property Value
$0Estimated Mortgage Balance
$555,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$555,040
2025
$331,060
$223,980
$555,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$555,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$555,040
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1360 Northwest Pkwy | Property Details | No Agent List