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$425,000
6 Beds ⋅ 4 Baths ⋅ 21324127 MLS
Stabilized, income-producing investment offering immediate cash flow with both residences fully leased through May 2027. Situated on more than 1.3 acres, this unique asset consists of two separately leased homes on two individual parcels, providing strong current income and multiple long-term exit strategies. The primary residence is a remodeled 1,917-square-foot home featuring three bedrooms, two bathrooms, quartz countertops, luxury vinyl plank flooring, updated cabinetry, and modern finishes throughout. It is currently leased for $1,999 per month through May 2027. The second residence is a 2022-built manufactured home offering three bedrooms, two bathrooms, and 1,242 square feet. Permanently affixed to the real property, it features separate utilities, its own address, and a private driveway. It is currently leased for $1,600 per month through May 2027. Together, the property generates $43,188 in annual gross rental income and offers low-maintenance ownership with tenant-paid utilities, recent improvements, and limited near-term capital expenditure requirements, making it an exceptional long-term investment.

7971 Peden Rd, Azle
$384,400
4 Beds ⋅ 2 Baths ⋅ 21259992 MLS
Rare opportunity to own a full duplex (both sides included) in a growing area with no HOA. Each unit offers approximately equal layouts featuring 4 bedrooms, 2 full bathrooms, and a 1-car garage, providing flexible living and income potential. Interiors include a combination of stained concrete flooring and carpet, with all-electric systems for simplified utility management. Both units feature fenced backyards, creating defined outdoor space, along with additional driveway parking. This property supports multiple ownership strategies. Whether you're looking to generate rental income, occupy one unit while leasing the other, or add a solid asset to your investment portfolio. Currently one unit has a tenant. Conveniently located with access to local amenities, schools, and commuter routes, this duplex offers a blend of functionality and long-term potential in the Azle market.

1233 & 1237 Village Garden Dr, Azle
$1,149,000
8 Beds ⋅ 8 Baths ⋅ 21237322 MLS
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.

1032 Greg St Unit 1, 2, 3, 4, 5, Azle
$3,200,000
21172237 MLS
A premier multi-family residential investment opportunity in Azle, Texas. Spanning 10 acres, this home community offers a turnkey cash-flowing asset with a blend of rustic charm and modern convenience. Fully occupied, and minimum 1-year lease terms, investors benefit from immediate revenue and a stable income stream. Designed for quality living, the community features 12 well-crafted homes. A mix of one-story and loft-style residences, providing occupants with spacious, comfortable accommodations that blend cabin-style aesthetics with modern amenities. Additionally, two cleared expansion sites offer opportunities for future development, increasing the long-term value of this investment. Immediate Cash Flow. Fully leased with long-term occupants, providing stable rental income from day one. Expansion Potential. Two cleared sites for future residential or amenity development Desirable Location. Azle offers small-town charm with easy access to major urban centers. The property appeals to those seeking modern homes in a peaceful community Community-Oriented Design. Thoughtful layout fosters lifestyle satisfaction and retention One-Story Units: 1,270 sq. ft., 3 br 2 bath, fully-equipped kitchen, laundry, dining Loft Units: 1,670 sq. ft., 3br,2 ba, two-level living, premium features Construction: High-quality materials for durability and reduced maintenance cost

7718 Fm 1886, Azle
$1,770,000
26 Beds ⋅ 17 Baths ⋅ 21036022 MLS
Outstanding investment and development opportunity on 6.5 acres directly adjoining the 7th Tee of Cross Timbers Golf Course in Azle. This rare property features four well-maintained duplexes plus a flexible manager’s office, offering immediate income potential. The site has been thoughtfully planned and provides incredible options for future growth. According to engineering, there is potential to expand with up to six additional duplexes, significantly increasing rental capacity. Another unique opportunity is to create a private estate at the rear of the property, while continuing to generate consistent income from the multi-family units at the front. The layout is ideal for a family compound, multi-generational living, or a diversified small business venture. Infrastructure is already in place to support multiple uses, including two operational wells plus access to co-op water for added convenience. Located just outside city limits, owners benefit from no city taxes, yet annexation is an option as the property borders city jurisdiction. The blend of location, flexibility, and existing improvements makes this offering stand out. Whether you are an investor seeking a strong income-producing asset, a developer looking to expand, or a buyer wanting to build a dream estate with additional income properties, the possibilities here are endless.

255 Baughman Hill Rd, Azle
$1,350,000
12 Beds ⋅ 6 Baths ⋅ 20974896 MLS
UNIQUE INCOME PRODUCING PROPERTY on 2+ acres in west Azle. 6 identical 2 bedroom, 1 bath houses, built in 2005 on slab foundations, all occupied with long term tenants. Mobile home has no value but could be removed and will make a wonderful build site with existing septic. Property has active well and 2 septic systems. DO NOT DISTURB TENANTS IN ANY WAY! SHOWING BY APPOINTMENT ONLY AFTER ACCEPTABLE OFFER HAS BEEN SIGNED.

900 Reese Ln, Azle