6600 Mahafy StFort Worth, TX 76135

For Sale
$1,500,000 View listing
  • Commercial land
  • 0.76 AC

Property Details for 6600 Mahafy St

Lot size
0.76 AC
Property type
Commercial land
APN
A1728-5C05
APU
A17285C05

Description

This exceptional 37-acre property in Tarrant County, Texas, presents a unique investment opportunity. Located at 6600 Mahafy St, Fort Worth, TX 76135, this land boasts significant frontage on Highway 199 (Jacksboro Highway), ensuring high visibility and accessibility. The property is situated within the ETJ of Fort Worth and borders both Azle and Fort Worth, benefiting from the projected growth of 50,000 homes within a 20-square-mile radius over the next 10 years. Served by the Azle Independent School District, this location offers strong potential for residential development. The land features a sizable pond, ideal for incorporating into a development plan, and is heavily tree-lined, offering a private and secluded feel. While the property is currently densely vegetated, its highly visible location and access to Highway 199 make it an attractive site for various commercial and residential uses. Gas pipeline easements/leases are available upon request. Note that a new survey will be needed. Access is via a gravel road off Highway 199, just past the Abbey Church; the entry point is marked by a sign at 6660 Mahafey St. The asking price is $1,500,000. A video showcasing the property is available online. This generational land offers a compelling investment opportunity for developers seeking a prime location with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,180,064
    Hospitality
    $6,576,900
    Educational
    $5,471,904
    Medical
    $5,660,090
    Retail
    $8,511,850
6600 Mahafy St, Fort Worth, Texas

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.8459
Longitude
-97.4982
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$120
$8,276
-
$8,276
-
$8,276
-
$8,276

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