




$475,000
$485,000
7485 Portwood Rd, Azle, TX, 76020
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About this property
Enjoy country living just minutes from Eagle Mountain Lake! This versatile property offers space, function, and opportunity, all set on AG EXEMPT land currently producing hay—helping keep property taxes low. The home features a flexible layout that can function as up to 5 bedrooms or be customized with additional living spaces, home office, or game room to fit your needs. With over 2,100 square feet, there’s plenty of room to spread out and make it your own. Built in the 1970s, the home offers solid bones and character, presenting a great opportunity for updates and personalization to match your style. Recent updates include a roof approximately one year old and new PEX waterlines run throughout the home, offering added peace of mind and modern plumbing efficiency. The property also offers great outdoor amenities, including a stable with turnout pen, perfect for horses or livestock. Nature lovers will appreciate the established blackberry bushes, along with mature plum and pecan trees, providing seasonal fruit and a true Texas country feel. The open land and current hay production create both agricultural value and wide-open views. Whether you’re looking for a small ranch, hobby farm, or simply a place with room to grow, this property offers a rare combination of location, flexibility, and land use potential—just a short drive to Eagle Mountain Lake for recreation and relaxation.
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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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