7971 Peden Road, Azle, TX 76020
Local realty services provided by:Better Homes and Gardens Real Estate Senter, REALTORS(R)
Listed by: daniel harker, rocky presley
Office: keller williams realty dpr
MLS#:21324127
Source:GDAR
Price summary
- Price:$400,000
- Price per sq. ft.:$322.06
About this home
Stabilized, income-producing investment offering immediate cash flow with both residences fully leased through May 2027. Situated on more than 1.3 acres, this unique asset consists of two separately leased homes on two individual parcels, providing strong current income and multiple long-term exit strategies.
The primary residence is a remodeled 1,917-square-foot home featuring three bedrooms, two bathrooms, quartz countertops, luxury vinyl plank flooring, updated cabinetry, and modern finishes throughout. It is currently leased for $1,999 per month through May 2027.
The second residence is a 2022-built manufactured home offering three bedrooms, two bathrooms, and 1,242 square feet. Permanently affixed to the real property, it features separate utilities, its own address, and a private driveway. It is currently leased for $1,600 per month through May 2027.
Together, the property generates $43,188 in annual gross rental income and offers low-maintenance ownership with tenant-paid utilities, recent improvements, and limited near-term capital expenditure requirements, making it an exceptional long-term investment....
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Home facts
- Year built:1978
- Subdivision & Development:Lscs Peden Add
- Listing ID #:21324127
- Added:110 day(s) ago
- Updated:November 03, 2026 at 01:27 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- 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:0.69 Acres
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Azle
- Middle school:Forte
- Elementary school:Liberty
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$322.06
- 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
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