Brittany Miller
REALTOR®
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BEDS6
BATHS4 full
MLS#21324127
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLscs Peden Add
SCHOOLAzle ISD
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Fireplaces: 1
Heating: Central
Lot Size: 1.36 Acres
Roof Type: Composition
Year Built: 1978
Amenities
Cable TV Available
Eat-in Kitchen
High Speed Internet Available
Vaulted Ceiling(s)
Walk-In Closet(s)
Feature Descriptions
Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Gas in Kitchen, Refrigerator
Days on Site: 8
Exterior: Brick
Fencing: Fenced, Pipe
Fireplace: Wood Burning
Flooring: Carpet, Luxury Vinyl Plank
Parcel#: 42822457
Parking: Asphalt, Driveway, Gravel
Parking Notes: Asphalt, Driveway, Gravel
Patio/Porch: Covered, Patio
Units: 2
Utilities: All Weather Road, Co-op Water, Outside City Limits, Septic
Local Schools
Elementary School: Liberty
School District: Azle ISD
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty DPR
Agency Contact: 469-717-6391
Agent Name: Daniel Harker
Shown By
Agent Name: Brittany Miller
Agent Phone: (512) 337-3841
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 1,069.82 per month $945.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's InsuranceChange Payment Information
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7971 Peden Road | MLS# 21324127
This multi-family property located at 7971 Peden Road, Azle, TX 76020 is currently listed for sale with an asking price of $425,000. Peden Road is located within the Azle ISD school district. Search Azle real estate on brittanymiller.kellyrealtors.com today.