

$770,000
501 Red Bud Dr, Azle, TX, 76020
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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.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Azle
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