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Elisa Copeland

elisa@elisacopeland.com +1(817) 247-8440

$ 1,199,000

Est. payment -/mo

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1032 Greg ST #1-5 Azle, TX 76020

8 Beds

8 Baths

5,349 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,349 sqft

Price per Sqft $224

Subdivision T&P Rr Co #7 Surv A 1431P Tr 2

MLS Listing ID 21240001

Style Detached

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1991

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 210x213.54x210.36x201.31

Property Sub-Type Single Family Residence

Property Description

FANTASTIC INVESTMENT OPPORTUNITY, the one you've been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don't miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

Location

State TX

County Parker

Direction From Jacksboro Hwy (Hwy 199) travel south on Azle Hwy (FM 730) turn west onto Greg St. Property will be on your Right.

Interior

Interior Features Double Vanity, Walk-In Closet(s)

Heating Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Combination, Ceramic Tile

Fireplaces Number 2

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Electric Water Heater

Exterior

Parking Features Driveway, Garage

Garage Spaces 7.0

Fence Back Yard, Wood

Pool None

Utilities Available Septic Available, Water Available

Water Access Desc Well

Roof Type Asphalt

Garage Yes

Building

Dwelling Type Duplex,House

Foundation Slab

Sewer Aerobic Septic, Septic Tank

Water Well

Level or Stories One

Schools

Elementary Schools Cross Timbers

High Schools Azle

School District Azle Isd

Others

Senior Community No

Tax ID R000055539

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21240001

Elisa Copeland

Agent | License ID: 0791337

+1(817) 247-8440

Elisa Copeland

1032 Greg ST #1-5 Azle, TX 76020

Key Details

Location

Interior

Exterior

Building

Schools

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1032 Greg ST #1-5