Listing provided courtesy of Trinity Group Realty- MLS# 21240001MLS ProviderContact Information: Katy Reeves - 972-313-5388,972-313-5388

1032 Greg Street #1-5Azle, TX 76020

Single Family · 8 Beds · 8 Full Baths · 5,349 Sq. ft. | 1.00 Acres
$1,149,000 Active

1032 Greg Street #1-5 Overview

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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.

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1032 Greg Street #1-5 Facts & Features

  • Type Single Family
  • Sq. ft. 5,349
  • Price/Sq.ft. $215
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Azle ISD
  • Elementary School: Cross Timbers
  • Middle Or Junior School: Azle
  • High School: Azle

Building Information

  • Year Built: 1991
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: AZLE
  • Subdivision Name: T&P Rr Co #7 Surv A 1431p Tr 2

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R000055539
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 7.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Bathrooms Total: 8
  • Bedrooms Total: 8

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater
  • Basement: No
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet,Combination,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Double Vanity,Walk-In Closet(s)
  • Levels: One
  • Living Area: 5349.0
  • Stories: 1

Unit Information

  • Unit Number: 1-5

Exterior

Parking Information

  • Parking Features: Driveway,Garage

Lot Information

  • Lot Size Acres: 1.0
  • Lot Size Area: 43560.0
  • Lot Size Dimensions: 210x213.54x210.36x201.31
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Square Feet
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: Yes
  • Construction Materials: Brick
  • Property Attached: Yes
  • Roof: Asphalt
  • Structure Type: Duplex,House

General Information

  • Carport: No
  • Covered Spaces: 7.0
  • Fencing: Back Yard,Wood
  • Pool Features: None
  • Sewer: Aerobic Septic,Septic Tank
  • Utilities: Septic Available,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.0
  • Width: 10.0

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.0
  • Width: 10.0

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 12
  • Length: 11.0
  • Width: 12.0

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0

Room: Living Room

  • Level: First
  • Dimensions: 18 x 15
  • Length: 18.0
  • Width: 15.0

Room: Living Room

  • Level: First
  • Dimensions: 10 x 11
  • Length: 10.0
  • Width: 11.0

Room: Living Room

  • Level: First
  • Dimensions: 18 x 15
  • Length: 18.0
  • Width: 15.0

Room: Living Room

  • Level: First
  • Dimensions: 10 x 11
  • Length: 10.0
  • Width: 11.0

Room: Living Room

  • Level: First
  • Dimensions: 19 x 11
  • Length: 19.0
  • Width: 11.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 10 x 13
  • Length: 10.0
  • Width: 13.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 10 x 13
  • Length: 10.0
  • Width: 13.0
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1032 Greg Street #1-5 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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