7971 Peden Road
Azle, Texas 76020
6
Bed
4
Bath
1.36Acres(Lot)
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 priva
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: $400,000 -
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 |
|---|---|---|---|---|---|
| 6771 Briar Road, Azle, TX, 76020 | $799,000 | 5 | 5 | 2,356 | 0.23 Acre |
| 6820 Briar Road, Azle, TX, 76020 | $575,000 | 3 | 2 | 1,958 | 0.17 Acre |
| 14064 Rucker Street, Azle, TX, 76020 | $415,000 | 2 | 1 | 768 | 0.20 Acre |
| 13360 Miller Road, Azle, TX, 76020 | $1,375,000 | 6 | 5 | 4,279 | 1.13 Acres |
| 13350 Miller Road, Azle, TX, 76020 | $635,000 | 2 | 2 | 1,437 | 1.22 Acres |
| 7170 Briar Road #1, Azle, TX, 76020 | $1,100,000 | -- | -- | -- | 1.16 Acres |
| 7177 Base Street #R, Azle, TX, 76020 | $75,000 | 1 | 2 | 9,999 | 0.31 Acre |
| 7200 Courtney Drive, Azle, TX, 76020 | $549,500 | 3 | 3 | 2,952 | 0.50 Acre |
| 11740 East Court, Azle, TX, 76020 | $699,000 | 1 | 2 | 750 | 0.40 Acre |
| 7250 Briar Road, Azle, TX, 76020 | $1,925,000 | 3 | 2 | 2,620 | 2.62 Acres |
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ByOwner last updated this listing 09/11/2026 @ 08:15
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