1032 GREG STREET #1-5, AZLE, TX 76020
Homes for sale in Azle.
Homes for sale in 76020.
1032 Greg Street #1-5
Azle, TX 76020
List Price$1,199,000
Listing #21240001
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
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Bedroom, First Floor Living Room, First Floor Living Room, First Floor Living Room, First Floor Living Room, First Floor Living Room, First Floor Primary Bedroom, First Floor Primary Bedroom, First Floor Primary Bedroom
Number of Fireplaces
2
Interior
Double Vanity, Walk-In Closet(s)
Heating
Electric
Master Bedroom Description
12 x 12
Cooling
Central Air, Ceiling Fan(s), Electric
Full Baths
8
Floors
Carpet, Combination, Ceramic Tile
Living Room Description
19 x 11
Appliances
Dishwasher, Electric Range, Electric Water Heater
Has Fireplace
Yes
Exterior Features
Style
Detached
Garage Spaces
7
Stories
1
Fencing
Back Yard, Wood
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
Is One Story
Yes
Has Garage
Yes
School
Elementary School District
Azle ISD
High School
Azle
Elementary School
Cross Timbers
Additional Information
Year Built Details
Preowned
Year Built
1991
Property Type
SFR
Status
Active
Property SubType 2
Duplex, House
Has a Home Owners Association
No
Property SubType
Single Family Residence
Lot Acres Source
Appraiser
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Mortgage Calculator
$5,598
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,320
Monthly Tax
$999
Monthly Insurance
$279
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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