7971 Peden Road
Azle, Texas 76020
6
Bed
4
Bath
1.36Acres(Lot)
Turnkey income-producing property offering immediate cash flow and an impressive 8.23% cap rate. Situated on 1.3+ acres, this unique investment features two separately leased residences, making it an excellent addition to an investment portfolio or an ideal opportunity for an owner-occupant seeking supplemental rental income. The front residence has been extensively remodeled with quartz countertops, luxury vinyl plank flooring, updated cabinetry, and contemporary finishes throughout and is currently leased for $1,999 per month. The second residence is a 2022-built manufactured home offering 3 bedrooms, 2 bathrooms, and 1,216 square feet. It features its own address, private entrance, and separate utilities, and has been permanently affixed and perfected to the real property deed, providin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 4 Full Baths: 4 Half Baths: 0 -
Interior Features
Cable TV Available,Eat-in Kitchen,High Speed Internet Available,Vaulted Ceiling(s),Walk-In Closet(s)Appliances
Dishwasher,Disposal,Gas Cooktop,Gas Oven,Plumbed For Gas in Kitchen,RefrigeratorUtilities
All Weather Road,Co-op Water,Outside City Limits,Septic -
Cooling Features
Central Air,ElectricHeating Source
CentralFireplace
Number of Fireplaces: 1 Fireplace Features: Wood Burning
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Building Information
Built Year: 1978 Building Area Total: 1,242 Construction: Brick Roof Type: Composition -
Foundation
Slab -
Patio And Porch
Covered,PatioFencing
Fenced,PipeConstruction Materials
Brick
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Lot Information
Lot Size (Acr): 1.3630 Lot Size Units: Acres Lot Size Square Feet: 59,372 -
Property Information
Property Type: Residential Income Property Sub Type: Multiple Single Units Subdivision: Lscs Peden Add City: Azle State: Texas Directions: From TX-199 W, take the exit for FM 730/Boyd and merge onto the frontage road. Turn right onto Boyd Rd, then right onto Peden Rd. The destination will be on the right. Welcome! Property Status: Active Levels: One Property Age: 48 Year Built Details: Preowned
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Listing Price Information
Original List Price: $425,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 42822457 Tax Legal Description: LSCS PEDEN ADDITION BLOCK LOT 1 Tax Lot: 1 Unexempt Taxes: $4,193
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Parking Information
Garage Space: 0 Carport Spaces: 2 Parking: 8 Parking Features: Asphalt,Driveway,Gravel -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Liberty High School: Azle Junior High School: Forte School District: Azle ISD -
Utility Information
Utilities: All Weather Road,Co-op Water,Outside City Limits,Septic
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6837 Briar Road, Azle, TX, 76020 | $399,999 | 3 | 4 | 2,156 | 2,156 SqFt |
| 14064 Rucker Street, Azle, TX, 76020 | $415,000 | 2 | 1 | 768 | 768 SqFt |
| 13030 Miller Road, Azle, TX, 76020 | $1,500,000 | 2 | 2 | 1,551 | 1,551 SqFt |
| 13230 Miller Road, Azle, TX, 76020 | $2,300,000 | 5 | 6 | 4,310 | 4,310 SqFt |
| 13360 Miller Road, Azle, TX, 76020 | $1,375,000 | 6 | 5 | 4,279 | 4,279 SqFt |
| 13350 Miller Road, Azle, TX, 76020 | $650,000 | 2 | 2 | 1,437 | 1,437 SqFt |
| 11740 East Court, Azle, TX, 76020 | $739,900 | 1 | 2 | 750 | 750 SqFt |
| 7184 Base Street, Azle, TX, 76020 | $340,000 | 3 | 2 | 2,000 | 2,000 SqFt |
| 7160 Jay Lane, Azle, TX, 76020 | $225,000 | 3 | 2 | 1,535 | 1,535 SqFt |
| 7150 Allyn Drive, Azle, TX, 76020 | $276,400 | 3 | 2 | 1,456 | 1,456 SqFt |
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ByOwner last updated this listing 07/21/2026 @ 22:27
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