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1032 Greg Street, Unit 1-5, Azle, TX 76020

$1,199,000
  • 1032 Greg Street, Unit 1-5, Azle, TX 76020 Main Photo

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New to the Market Active Price Reduced by $800,000 on April 15th, 2026
BEDS8 BATHS8 full SQUARE FEET5,349 MLS#21240001
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONT&P Rr Co #7 Surv A 1431p Tr 2 SCHOOLAzle ISD

Property 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.

1032 Greg Street, Unit 1-5 | MLS# 21240001

This single family home located at 1032 Greg Street, Unit 1-5, Azle, TX 76020 is currently listed for sale with an asking price of $1,199,000. This property was built in 1991 and has 8 bedrooms and 8 full baths with 5349 sq. ft. Greg Street, Unit 1-5 is located in the T&P Rr Co #7 Surv A 1431p Tr 2 subdivision within the Azle ISD school district. Search T&P Rr Co #7 Surv A 1431p Tr 2 real estate on kellybrooks.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 2
Garage: 7 car attached
Heating: Electric
Lot Size: 1.00 Acres
Roof Type: Asphalt
Year Built: 1991

Amenities

Double Vanity
Walk-In Closet(s)

Feature Descriptions

Appliances: Dishwasher, Electric Range, Electric Water Heater
Days on Site: 4
Exterior: Brick, Siding
Fencing: Back Yard, Wood
Fireplace: Living Room
Flooring: Carpet, Ceramic Tile, Combination
Lot Dimensions: 210x213.54x210.36x201.31
Parcel#: R000055539
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Utilities: Aerobic Septic, Septic, Well

Local Schools

Elementary School: Cross Timbers
School District: Azle ISD

Listed By / Shown By

Listed By

Agency Name: Trinity Group Realty
Agency Contact: 972-313-5388
Agent Name: Katy Reeves

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Shown By

Agent Name: Kelly Brooks
Agent Phone: (254) 651-9267
Agency Title: Kelly, Realtors

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Estimated Payment

$ 3,018.16 per month $2,668.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $349.71 Homeowner's Insurance

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