Active

1032 Greg Street #1-5

Azle, Texas 76020

$1,149,000 $4,844/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

5,349

Sqft

Acre(Lot)

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.

Property Details

Property Type : Residential

Price : $1,149,000

AD Id : 77083331

MLS Id : 557201358

Beds : 8

Lot Size : 1 Acre

Living Area Size : 5,349

Year Built : 1991

Garage : 7

County : Parker

Subdivision: T&p Rr Co #7 Surv A 1431p Tr 2

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8

Bathroom Information

Total Baths: 8 Full Baths: 8 Half Baths: 0
Interior Features

Double Vanity,Walk-In Closet(s)

Appliances

Dishwasher,Electric Range,Electric Water Heater

Utilities

Aerobic Septic,Septic,Well
Cooling Features

Ceiling Fan(s),Central Air,Electric

Heating Source

Electric

Fireplace

Number of Fireplaces: 2 Fireplace Features: Living Room

Building Information

Built Year: 1991 Construction: Brick,Siding Roof Type: Asphalt
Foundation

Slab
Fencing

Back Yard,Wood

Construction Materials

Brick,Siding

Lot Information

Lot Size (Acr): 1.0000 Lot Size Units: Square Feet Lot Size Square Feet: 43,560 Lot Size Source: Appraiser
Property Information

SQ ft (Living Area): 5,349 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: T&P Rr Co #7 Surv A 1431p Tr 2 City: Azle State: Texas Directions: From Jacksboro Hwy (Hwy 199) travel south on Azle Hwy (FM 730) turn west onto Greg St. Property will be on your Right. Property Status: Active Levels: One Property Age: 35 Year Built Details: Preowned

Listing Price Information

Original List Price: $1,149,000 List Price Tot SqFt: $215
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R000055539 Tax Block: 1020 Tax Legal Description: ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7

Parking Information

Has Garage Garage Space: 7 Carport Spaces: 0 Parking Features: Driveway,Garage
Homeowners Association Information

HOA Type: None

School Information

Elementary School: Cross Timbers High School: Azle Junior High School: Azle School District: Azle ISD
Utility Information

Utilities: Aerobic Septic,Septic,Well

Sell a home like this and save $68,441 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6808 Briar Road, Azle, TX, 76020	$519,000	3	2	1,879	1,879 SqFt
6625 Sandy Beach Road, Azle, TX, 76020	$1,750,000	4	4	3,617	3,617 SqFt
10814 Power Squadron Road, Azle, TX, 76020	$1,000,000	4	4	3,190	3,190 SqFt
6837 Briar Road, Azle, TX, 76020	$425,000	3	4	2,156	2,156 SqFt
14064 Rucker Street, Azle, TX, 76020	$415,000	2	1	768	768 SqFt
11160 Stanfield Road, Azle, TX, 76020	$769,000	3	3	2,201	2,201 SqFt
13680 Williams Road, Azle, TX, 76020	$1,699,999	5	5	3,919	3,919 SqFt
13030 Miller Road, Azle, TX, 76020	$1,500,000	2	2	1,551	1,551 SqFt
13230 Miller Road, Azle, TX, 76020	$2,980,000	5	6	4,310	4,310 SqFt
13360 Miller Road, Azle, TX, 76020	$1,375,000	6	5	4,279	4,279 SqFt

Similar Homes To 1032 Greg Street #1-5

Nearby For Sale

Active

$589,900

Home For Sale

412 Collum View,
Azle, TX, 76020

Bed

Bath

2,809

Sqft

Acre(Lot)

Active

$815,000

Home For Sale

114 Woodlot Lane,
Azle, TX, 76020

Bed

Bath

3,160

Sqft

Acres(Lot)

Active

$2,980,000

Home For Sale

13230 Miller Road,
Azle, TX, 76020

Bed

Bath

Sqft

Acres(Lot)

13250 Miller Road,
Azle, TX, 76020

Bed

Bath

Sqft

Acres(Lot)

221 Gardenia Drive,
Azle, TX, 76020

Bed

Bath

2,065

Sqft

0.17

Acre(Lot)

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/06/2026 @ 02:20

MLS: 557201358 LISTED BY: Katy Reeves, Trinity Group Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information