1032 GREG STREET #1, 2, 3, 4, AZLE, TX 76020
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List Price$1,149,000
1032 Greg Street #1, 2, 3, 4
Azle, TX 76020
Listing #21237322
About This Property
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.
Property Features
Location Information
County
Parker
Subdivision
T&P Rr Co #7 Surv A 1431p Tr 2
Interior Features
Interior
Double Vanity, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
8
Floors
Carpet, Combination, Ceramic Tile
Has Fireplace
No
Appliances
Electric Range, Electric Water Heater
Heating
Electric
Total Number of Units
5
Exterior Features
Stories
1
Patio / Deck Description
Awning(s)
Construction
Brick
Pool Description
None
Foundation
Slab
Lot Size in Acres
1
Roof
Asphalt
Lot Size in Sq. Ft.
43,560
Utilities
Septic Available, Water Available
Lot Dimensions
210x213.54x210.36x201.31
Parking Description
Driveway, Garage
Buildings
4
Has Garage
Yes
Building Total Area (Sq. Ft.)
5,349
Garage Spaces
7
Is One Story
Yes
Fencing
Back Yard, Wood
School
Elementary School District
Azle ISD
Jr. High School
Azle
Elementary School
Cross Timbers
High School
Azle
Additional Information
Year Built Details
Preowned
Has a Home Owners Association
No
Property Type
RI
Documents Available
Aerial
Year Built
1991
Lot Acres Source
Appraiser
Status
Active
Similar Listings
Mortgage Calculator
$5,365
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,140
Monthly Tax
$957
Monthly Insurance
$268
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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