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$770,000

501 Red Bud Dr, Azle, TX, 76020

SoldInfo
6/15/26
Baths0 Bath
Baths10,380 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.30 acres

Building Information

Stories1

Land Information

APN16281-001-000-00
Lot Number1
SubdivisionPierce Addn
Land UseWarehouse Storage
Legal DescriptionACRES: 2.300 LOT: 1 BLK: 1 SUBD: PIERCE ADDN
Census Tract140412
Assessed Land Value$495,000
Assessed Improvement Value$275,000
Assessment Year2025

About this property

2.30 Acre HARD CORNER with Hwy 199 frontage and Red Bud Drive and Commerce Street with a very high daily traffic count and excellent visibility from Hwy 199.The property has easy access from Hwy 730 from Weatherford to Azle. This is the last hard corner in this area and is an excellent opportunity for a commercial or industrial business such as Fast-Food Franchise, Gas and Convenience Store, Bank, Shopping Center etc. The property has multiple accesses, from Hwy 199 access Road and also Red Bud Drive. City Water and City Sewer is on the property. The property has an existing 10,000sf building that could be used if the buyer wanted however the value is in future development of the land. Buyer and the buyer's agent should confirm all information is accurate and correct to their satisfaction.

Investor Tools

Property Icon
$770,000
Estimated Property Value
$0Estimated Mortgage Balance
$770,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$770,000
2025
$495,000
$275,000
$770,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$770,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$770,000
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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