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About This Home

This 8-bedroom, 8-bathroom single family at 1032 Greg Street in Azle, TX is listed for $1,199,000 ($224 per sqft). Built in 1991, the home offers 5,349 sqft of living space on a 1.00 acres lot.

Agent 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.

Key Features

  • Built in 1991
  • 1.00 acre lot
  • Fireplace

Property Details

1 story
8 full
#1-5
1991

Amenities

Fireplace

Monthly Cost Estimate

$6,413/mo

20% down · 6.5% · 30 years

Principal$867
Interest$5,196
Insurance$350

Estimates only. Actual payments may vary.

Location

1032 Greg Street

Azle, TX 76020

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

Features & Amenities

Interior Features

Double VanityWalk-in Closet(s)

Exterior Features

Fence

Property Details

Flooring

CarpetTileTile - Ceramic

Construction

Brick

Parking

DrivewayGarage

Heating

Electric (Heating)Fireplace(s)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

DishwasherRangeWasher

Questions & Answers

This 8-bedroom, 8-bathroom single family at 1032 Greg Street is listed at $1,199,000 ($224/sqft). The estimated monthly payment is $5,196 based on 20% down at 6.5% interest.

Key features include: Built in 1991, 1.00 acre lot, Fireplace. Interior Features: Double Vanity, Walk-in Closet(s). Exterior Features: Fence.

This property is listed by Katy Reeves and can be reached at 8179416454 or katy@trinitygre.com.

KR

Katy Reeves

Agent at Trinity Group Realty

(817) 941-6454

Listed by Trinity Group Realty · View on Broker Site

MLS# 21240001· Source: listhub· Updated today

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1032 Greg Street, Azle, TX 76020

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