A Note from the Owner:

This is a very special house, and you will be very happy here if it fits your needs.

AUCTION SATURDAY, MARCH 15, 2025

It will be sold to the highest offer Saturday, March 15, 2025.  For more information go to

https://docs.google.com/document/d/1L0sxaLtj1UHBaBjaK_0_Tgj5YlI59JSp-CZ_T2XPmG0/edit?usp=sharing

In listing it FSBO (For Sale By Owner) the sites are simple and in many cases won’t display full information.

To get the full story and pictures you should look on this docs link:

https://docs.google.com/document/d/1IyfVL8smSoyPstm4w_TtTxDeYHPp8HcwZMmLI92Rif4/edit?usp=sharing

If it’s what you want call me.

AZLE, TEXAS LAKEFRONT HOME    BY OWNER

$1,050,000 or BEST OFFER

DISCOUNT FOR CASH

3/BR     3BATH    POOL  

3770 SQ FT

 0.92 ACRE, HEAVILY WOODED, GATED COMMUNITY

CALL OWNER DIRECT:

DEAN PEYTON

682-351-4561

TRUE VALUE:

State Licensed Appraiser 11/15/2024: $953,000

2024 Market Value, Tarrant County Appraisal District: $1,167, 993

Replacement Value, USAA Insurance Co: $1,090,000

Zillow Zestimate 2/25/25: $1,010,100

PROPERTY DETAILS

LAKEFRONT

 GOURMET KITCHEN

MOTHER-IN-LAW SUITE OR HOME OFFICE

EXERCISE POOL

1000 Mb AT&T INTERNET

REPRESENTATIVES PROTECTED

This Dream House is for lovers of the outside, who also want to live in a suburban area.  This property offers a modern western style, with land and living space for an extra adult.

This Custom home was built for us in 2010 to the highest of standards.  It sits on 0.92 acre of Eagle Mountain Lake waterfront in a grove of 200 year old Post Oak trees. It will be sold to the highest bidder Saturday, March 15, 2025.  For more information go to

https://docs.google.com/document/d/1L0sxaLtj1UHBaBjaK_0_Tgj5YlI59JSp-CZ_T2XPmG0/edit?usp=sharing

There are only 13 houses, 8 children and an occasional grandchild within our gates.  All rooms are oversized, including an oversized office for two with picture windows to the lake, an attached library with built in bookcases, a bath with shower, and a coffee bar.  This could be easily converted to a caregivers apartment with its own entry.

LOCATION:  15 miles by divided highway or Interstate to the entertainment centers of Fort Worth, the 13th largest city in the country.  7 miles along divided highway to the commercial center of Lake Worth, with most “big box” stores.

This is a fine house and if it meets your needs you will be very happy here.

We are only moving because we are in our 80’s and want to shorten our drives, and be closer to medical facilities.

OUTSTANDING FEATURES INCLUDE: 

KITCHEN:

Designed for cooking by a couple, it is large with two closeted pantries, room for a 

second refrigerator, 2 ovens and 3 large work stations near a sink.

MASTER SUITE:

Oversized 19’ x 24’ New Mexico decor with double sided gas/wood fireplace and genuine pine vegas.  Closets  15’ x 27’ and  16’ x 12’ with built in chests, bathtub and shower.  The shower is 5 feet x 6 feet, with double shower heads and a circulating tankless (endless) hot water system.  The decorative glass shielded urinal is a delight for an old man.

WOMEN’S CLOSET WITH DOUBLE CEDAR SUB-CLOSET.

MEN’S CLOSET WITH DOUBLE BUILT-IN CHESTS OF DRAWERS.

FAMILY ROOM:  

 23’ X 24’ with double sided gas/wood fireplace.  Large enough for any home gathering.  It is

attached to a finished 15’ x 19’ porch with picture 

windows to the lake that could be used for plants.

SUNROOM OR COULD BE PLANT ROOM OR SMALLER OFFICE.

MOTHER-IN-LAW SUITE OR HOME OFFICE

This  extra, private living or work space has 682 square feet, picture windows to the lake, with 

a full bath, closet, and coffee bar with microwave and refrigerator. It has its own lockable

entrance and zoned HVAC.

SMALL BUSINESS HOME OFFICE

We used this as a home office for the first 10 years as we wound down our Family Limited 

Partnership. In addition to the wonderful view, there is 25 feet of built-in desk and an 

attached library/conference room with private bath and coffee bar. If the 361 

square foot workshop was additionally used for order fulfillment, 25% of the interest, taxes, 

and expenses could be deducted from taxes and the house even depreciated. Consult your

tax professional.

PATIO: 

A oversized gas heated Exercise Pool with a view of the lake is centered In a large

patio with overhang, garden and ceiling fan.

Dawn from the Master Suite or the Mother-in-Law Suite/Office

Note the sloth (pottery) in the tree.  He was our mascot at the lake.

WORKSHOP: 19’ x 19’  with power garage door attached to the house, but not to the 

oversized auto garage.

GARAGE:  Oversized 25’ x 26’ 2-car garage with built in shelves and 20’ of floor to ceiling sliding door storage along one side.

ATTIC

A permanent stairway gives access to the attic, HVAC, 

and rough-finished storage space.

Metal Ductwork for silent AC and Heating. Foam insulation applied to inside of metal roof.  Whole house

humidifier and a single filter location.

AZLE, TEXAS LAKEFRONT BY OWNER

$1,050,000 or BEST OFFER

DISCOUNT FOR CASH

3/BR     3BATH    POOL  

3770 SQ FT

 0.92 ACRE, HEAVILY WOODED, GATED COMMUNITY

CALL OWNER DIRECT:

DEAN PEYTON

682-351-4561

 THINGS  WE LOVE ABOUT THIS HOUSE:

The rising summer sun shines over the lake and reflects directly into the Master Suite.

At least a dozen 5-10 mile walks or bike rides that do not come to a traffic light.

5 Single and Double doors with screened side panels and (keyless)digital deadbolt locks.

Launching our kayaks from the backyard directly into 12-mile long Eagle Mountain Lake. The EML marina with fuel and boat storage is 3.8 miles by road or under 2 miles by water.

Our herd of wild deer.  Our enclave is nearly surrounded by a natural area of 3 square miles owned by the HOA and the Water

District.  It can never be built on.

Our 17’ x 12’ Exercise pool with oversized gas heater that rapidly heats it to swimming or spa temperature year around.

7 Ceiling Fans

Meeting our neighbors on our morning walk.  We watch out for each others animals.

HOME DETAILS

HOME WARRANTY ($550 ALLOWANCE) will be provided to the Buyer by the Seller. 

PRIVATE TOUR.    WHAT IS A “QUALIFIED BUYER”?

You can become a qualified buyer, and make a private appointment by showing us that you have liquid assets (cash, pre-approved loans or mortgage, publicly traded stocks, or bank letter of credit) of your initial offer.  If you plan to use a mortgage, the easiest way to get pre-qualified may be from bankrate.com.  You can choose from several (advertising) mortgage companies.  They will  pre-qualify you for a mortgage at a set term and interest rate.   You are not required to use this mortgage company.  TO SCHEDULE A PRIVATE TOUR CALL THE OWNER DIRECT, DEAN PEYTON AT 682-351-4561.

BUYERS REPRESENTATIVES PROTECTED:  A BUYER’S Representative will earn a fee at closing.  The Representative will submit with their clients offer a copy of an agreement meeting the requirements of the NAR “Written Buyer Agreements 101” which can be found at https://www.nar.realtor/the-facts/written-buyer-agreements-101.This fee will be added to the sales price of the property as agreed between Buyer and Seller.

HOME WARRANTY ($550 ALLOWANCE) will be provided to the Buyer by the Seller. 

PRIVATE TOUR.    WHAT IS A “QUALIFIED BUYER”?You can become a qualified buyer, and make a private appointment by showing us that you have liquid assets (cash, pre-approved loans or mortgage, publicly traded stocks, or bank letter of credit) of the “BEST OFFER” price submitted.  If you plan to use a mortgage, the easiest way to get pre-qualified may be from bankrate.com.  You can choose from several (advertising) mortgage companies.  They will  pre-qualify you for a mortgage at a set term and interest rate.   There is usually no fee, and You are not required to use this mortgage company.  TO SCHEDULE A PRIVATE TOUR CALL THE OWNER DIRECT, DEAN PEYTON AT 682-351-4561.

HOW TO BUY: WHAT IS A “ROUND ROBIN AUCTION?”Neither the Buyer nor the Seller can enter a binding contract with a verbal offer.  An offer is only a “fair, friendly, nonbinding, competitive discussion”.  All bidders bid by telephone from their own homes.  Dean Peyton will begin calling the second highest bidder at 2 PM Saturday, March 8, 2025.  If you left an offer sheet or sent an offer by email or text you will be called, told what the top bid is,  and asked if you want to better it BY AT LEAST $500.  You must bid higher than the current high bid.  You may be asked if your bid represents cash, mortgage and cash, or some other combination.  Anyone who betters a bid will be called again after all other active bidders have been called and the same questions asked. ALL BIDDERS WILL GET AT LEAST TWO CHANCES TO BETTER THEIR OFFERS. If you decline to better a bid BY AT LEAST $500 you are out of the auction unless the ultimate buyer(s) fail to sign a contract and deposit earnest money with Fidelity Title.

Under Texas law, you can always back out of a real estate deal until a contract is signed.  No one is bound by a non-contractual offer.  

Bidding is a way to discover the fair “win-win” price for a house on the day it is offered for sale.

CONTRACT AND EARNEST MONEY:

Dean and Jane Peyton and the Buyer will sign a Texas standard Real Estate contract. It can be done remotely with Docusign. Under Texas law, you can always back out of a real estate deal until a contract is signed.  No one is bound by making an offer.  

For an Option fee of $100 paid to Fidelity Title the Buyer will receive an unrestricted right to terminate this contract for any cause for 10 days.  10 Days after the sale $10,000 Earnest Money, applied to the sale price,  will be deposited by certified check,  or bank wire with Fidelity Title, 224 W. Main, Azle, Texas 76020.

To schedule an appointment with FIDELITY Title, call 817-270-0948.  Everything can be done remotely.

If the $10,000 Earnest Money deposit is not made by 4PM, 10 Days after the sale the next highest bidder will be contacted. 

OFFER SHEET

(NOT A CONTRACT) 

201 FAMILIA CT

AZLE, TX 76020

Under Texas law, you can always back out of a real estate deal until a contract is signed.  No one is bound by making an offer. 

Dean Peyton will call each person submitting an OFFER SHEET, starting with the SECOND highest offer at 2 PM Saturday, March 8, 2025.  If you left a telephone number and any offer you will be called, told what the top offer is and asked if you want to better it BY AT LEAST $500.  YOUR BID DOES NOT have to be above the POSTED PRICE but you must bid higher than the current high offer by at least $500.  You may be asked if your bid represents cash, mortgage and cash, or some other combination.  Anyone who betters an offer will be called again after all other active bidders have been called and the same questions asked.  

NAME:

WHERE CAN I CALL YOU STARTING 2PM, SATURDAY, MARCH 8, 2025?

OFFER: 

If you wish, take a picture of this page and text it to 817-980-0541.

It can also be sent via email to kingofpeytonia@gmail.com.  

Put “201 Familia Ct. offer” in the Subject Line.

HOME DETAILS:  

Bedrooms

Bathrooms

Interior Features

Appliances

Heating and Cooling

Exterior and Lot Features

Pool and Spa

Waterfront and Water Access

Land Info

Garage and Parking

Community: Suburban with its own Hospital, City Government, Independent School District. 2020 Census was 13, 369.  History, Geography,  Map, and employers can be found at:

https://en.wikipedia.org/wiki/Azle,_Texas

Homeowners Association: YES, Volunteer

Association Fee: $ 620 ANNUALLY

School Information

Other Property Info

Building and Construction

Utilities