Paragon Realtors Real Estate

1129 Boyd RoadAzle, TX 76020Price: $950,000

  • Price: $950,000
  • 444 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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  • $950,000List Price
  • 0.82Acreage

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Listed by Michael Wright of CLARK REAL ESTATE GROUP ((817) 458-0402)
Located at the north entrance of Azle along highly traveled FM 730, this commercial property offers excellent visibility and strong future redevelopment potential. Positioned next to Reata Apartments and directly across from Azle High School, the site benefits from consistent daily traffic and a built-in customer base from nearby neighborhoods, students, and apartment residents. The property currently includes two retail buildings with three long-term tenants, providing immediate income while a future owner plans redevelopment or repositioning. Leases are month-to-month, offering flexibility for a buyer to adjust rents, renew tenants, or pursue a new development strategy. While the existing improvements provide cash flow, the true value lies in the land and its strategic location along one of Azle's primary commercial corridors. With additional unused land and strong surrounding residential density, the property presents a compelling value-add opportunity for investors looking to increase income or redevelop the site. Opportunities like this-combining existing income, redevelopment potential, and a prime location near schools and growing residential areas-are rare in the rapidly expanding Azle market.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 9:31 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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