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1032 Greg St 1-5

Azle, TX 76020
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Just listedJust listed
8 Bedroom(s)
8 Full Bath(s)
5,349 Sqft
43,560 Lot Sqft
Residential - Single Family

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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.

MLS#
NTREIS-21240001
List Price
$1,199,000 ($224/Sqft.)
Listing Status
For Sale
Address
1032 Greg St 1-5
Unit No.
1-5
City
Azle
State
TX
Zip Code
76020
County
Parker County
Subdivision
T&P Rr Co #7 Surv A 1431p Tr 2
Legal Description
ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7
Property Type
Residential - Single Family
Bedroom
8 Bedroom(s)
Bath
8 Full Bath(s)
Garages
7 / Attached
Stories
1
Building Size
5,349 Sqft/Appraisal District
Year Built
1991 /Appraisal District
Lot Size
43,560 Sqft/APPRAI
LP / Acre
$1,199,000 / Acre

Rooms

Living
10 x 11, 1st
Living
18 x 15, 1st
Living
18 x 15, 1st
Living
18 x 15, 1st
Living
18 x 15, 1st
Primary Bedroom
12 x 12, 1st
Primary Bedroom
12 x 12, 1st
Primary Bedroom
10 x 13, 1st
Bedroom
12 x 11, 1st
Bedroom
11 x 12, 1st
Bedroom
11 x 10, 1st
Bedroom
11 x 12, 1st
Bedroom
11 x 10, 1st

Interior

Number Of Living Area
5
Fireplace
2/Living Room
Floors
Carpet, Ceramic Tile, Combination
Cooling
Electric
Heating
Electric
Appliances
Dishwasher, Electric Range, Electric Water Heater
Interior
Double Vanity, Walk-In Closet(s)

Exterior

Roof
Asphalt
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding
Parking
Driveway, Garage
Parking Space
Garage 7 / Carport 0 / Total Covered 7
Fencing
Back Yard,Wood
Utility
Aerobic Septic,Septic,Well

Extra details you may need to know

Dwelling Type
Attached or 1/2 Duplex,Single Detached
Lake Pump
No

Lot Information

Lot Size
43,560 Sqft. /APPRAI
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 15, 2026 at 09:39 AM
Listing last updated Apr 15, 2026 at 02:49 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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