1032 GREG STREET #1, 2, 3, 4, AZLE, TX 76020

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Active

List Price$1,149,000

1032 Greg Street #1, 2, 3, 4

Azle, TX 76020

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Listing #21237322

8

Bedrooms

8 full

Bathrooms

5,349

Square Feet

5

Number of Units

Multi-Unit Residential

Type

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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