7971 Peden Road, Azle, TX 76020

Azle
Local realty services provided by:ERA Courtyard Real Estate
7971 Peden Road,Azle, TX 76020
$425,000
Virtual Tour
  • 6 Beds
  • 4 Baths
  • 1,242 sq. ft.
  • Multi-family
  • Active
Listed by: daniel harker, rocky presley
Office: keller williams realty dpr
MLS#:21324127
Source:GDAR

Price summary

  • Price:$425,000
  • Price per sq. ft.:$342.19

About this home

Turnkey income-producing property offering immediate cash flow and an impressive 8.23% cap rate. Situated on 1.3+ acres, this unique investment features two separately leased residences, making it an excellent addition to an investment portfolio or an ideal opportunity for an owner-occupant seeking supplemental rental income. The front residence has been extensively remodeled with quartz countertops, luxury vinyl plank flooring, updated cabinetry, and contemporary finishes throughout and is currently leased for $1,999 per month. The second residence is a 2022-built manufactured home offering 3 bedrooms, 2 bathrooms, and 1,216 square feet. It features its own address, private entrance, and separate utilities, and has been permanently affixed and perfected to the real property deed, providing greater financing flexibility and long-term value. It is currently leased for $1,600 per month. Together, the property generates $43,188 in gross annual income with annual operating expenses of...

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Home facts

  • Year built:1978
  • Listing ID #:21324127
  • Added:5 day(s) ago
  • Updated:July 20, 2026 at 08:45 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Luxury Vinyl Plank
  • Kitchen Description:Dishwasher, Disposal, Gas Cooktop, Gas Oven, Refrigerator
  • Living area:1,242 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1978
  • Building area:1,242 sq. ft.
  • Lot area:1.36 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Azle
  • Middle school:Forte
  • Elementary school:Liberty

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$342.19
  • Tax amount:$4,193

Features and amenities

  • Appliances:Dishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Gas, Refrigerator, Some Gas Appliances

Parking

  • Total parking spaces:8
  • Carport spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 20, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Courtyard Real Estate.

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