1032 Greg Street # 1, 2, 3, 4, 5
Azle, TX, 76020
$
1,199,000
Bedrooms8
Baths8.0
Monthly Estimate*
$
7,382
for $1,199,000 with 8 bedrooms and 8 full baths. This home was built in 1991 on a lot size of 1.
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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Features
Interior
Interior Features
Double Vanity
Walk-In Closet(s)
Flooring
Carpet
Ceramic Tile
Combination
Occupancy Rate
100
Total Units
5
Total Bedrooms
8
Total Baths
8
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General
Heating
Electric
Complex Name
Beatty & Gamble
Cooling
Ceiling Fan(s)
Central Air
Electric
Utilities
Aerobic Septic
Septic
Well
Possession
Closing/Funding
Roof
Asphalt
Appliances
Electric Range
Electric Water Heater
Number of Garage Spaces
7
School District
Azle ISD
Pool Y/N
0
Year Built
1991
Levels
One
Unit Number
1
2
3
4
5
Property Subtype
Multiple Single Units
Subdivision Name
T&P Rr Co #7 Surv A 1431p Tr 2
Occupant Type
Tenant
County
Parker
Property Type
Residential Income
Construction Materials
Brick
Siding
Year Built Details
Preowned
HOA Type
None
Special Notes
Aerial Photo
# of Buildings
4
Full Baths
8
Status
Active
Directions
From Jacksboro Hwy (Hwy 199) travel south on Azle Hwy (FM 730) turn west onto Greg St. Property will be on your Right.
City
Azle
Elementary School Name
Cross Timbers
High School
Azle
Open House
Broker: Sat Apr 18
12:00PM-1:00PM
Elementary School
Cross Timbers
Standard Status
Active
Junior High School
Azle
Listing Terms
1031 Exchange
Cash
Conventional
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Exterior
Waterfront
0
Fencing
Back Yard
Wood
Lot Size Source
Appraiser
Parking Features
Driveway
Garage
Lot Size
.5 to < 1 Acre
Foundation
Slab
Lot Size Dimensions
210x213.54x210.36x201.31
Building Area Total
5349.00
Garage Y/N
1
Attached Garage Y/N
1
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* Excluded Features
List By
Katy Reeves
Listing Agent
Trinity Group Realty
Broker
Affordability Calculator
- Monthly Principal & Interest
- $7,382
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Multi-family listings in Azle, TX
Average List Price
$1,439,667
Percent of Sale Price
20%
About Azle, TX
30,684
Population
32%
Since 2002
$
61,012
Median Income
41.98
Median Age
26%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4042044
Elementary School
3671319
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
4/15/2026
|
$1,199,000
|
|
Listed Price
|
1032 Greg Street # 1, 2, 3, 4, 5, Azle, TX, 76020 is a Multi-Family Home for sale at $1,199,000 with a lot size of 1. 1032 Greg Street # 1, 2, 3, 4, 5 has 8 bedrooms, 8.0 baths, and was built in 1991. The property's zip code is 76020 which is in Azle, TX