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
Price:
$1,199,000
MLS #:
21240001
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
T&P Rr Co #7 Surv A 1431p Tr 2
Listed Date:
Apr 15, 2026
Finished Sq Ft:
5,349
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1991
See this Listing
Schools
School District:
Azle ISD
Elementary School:
Cross Timbers
High School:
Azle
Interior
Bathrooms Full
8
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Living Room
Fireplaces Total
2
Flooring
Carpet, Ceramic Tile, Combination
Heating
Electric
Interior Features
Double Vanity, Walk- In Closet(s)
Number Of Living Areas
5
Exterior
Construction Materials
Brick, Siding
Fencing
Back Yard, Wood
Garage Spaces
7
Lot Size Area
43560.0000
Lot Size Dimensions
210×213.54×210.36×201.31
Financial
Map
Community
- Address1032 Greg Street 1-5 Azle TX
- SubdivisionT&P Rr Co #7 Surv A 1431p Tr 2
- CityAzle
- CountyParker
- Zip Code76020
Subdivisions in Azle
- .
- A-617 MEP & PRR 1.506 ACRES TRACT PT 19
- Adam Acres Estates
- ANDY RANCH, F-445
- Arbor Vista
- Ashwood Park
- Ashwood Park Ph 2
- Ashwood Ph 2
- Auburn Terrace
- Azle Grove
- Azle Grove Ph 1
- Azle Heights Add
- Azle Original Town Of
- Beaver Creek
- Boling Ranch Estate 03
- Boling Ranch Estate II
- Boling Ranch Estates II
- Boling Ranch Estates Ph 03
- Briar Oaks Ranchett
- Briar West
- BRISTOL FARM
- Bristol Farm Add
- Calhoun Acres
- Casitas Villas
- Castle Hill Estates
- Castle Hills Estates
- Castle Hills Northwest
- Chamberless
- Cole I W Sub Water Board
- Country Cottage Park Add
- county
- Craft Farms
- Cross Timbers Estates
- Days Add RV Park
- Dears Farm Phase 1
- Deats Farm Ph 1
- Deer Glade Ph 1
- Deer Glade Ph 2
- Deer Glade- Ph 1
- Deer Ridge Estates
- Deer Ridge Estates Ph
- Deer Trail Add
- Eagle Lake Garden Village Add
- Eagle Mountain Acres
- Eagle Mountain View Add
- Eagle Mountain View Addition
- Eagle Pointe
- Encanto Estates
- Enchanted Lakes
- Enchanted Lakes Pc
- Escondido
- Escondido Eagle Mountain Lake
- Eustace Hill Stanfield Wtr Brd
- Fairway Estates II
- Falconer Addition
- Forest Glen
- FOREST GLEN ADD
- Golden Pond
- Golden Pond Estate
- Harbor Parc
- Henderson Add
- High School Add
- Highwoods Add
- Hills of Briar Oaks
- Huckleberry Hill
- Huckleberry Hill #5
- HUDSON THOMAS
- HUNT
- Hunters
- Hunters Add
- J Wilcox Surv Abs #1702
- J Wilcox Survey
- John Redwine Survey Abstract #1135
- John Spain Survey in Parker County
- KEY WILLIAM O
- Kimbrough Place
- Kimbrough Sub
- Lake Crest Park Add
- Lake Forest Add
- LAKE FOREST ADDITION
- Lake Ridge Estates Add
- Lakeview Estates Ph 2
- Lakeview Heights
- Lakeview Hts
- Live Oak Park Add
- LOMA VISTA
- Lone Pine Estates
- M E P & P RR CO SURVEY #33
- Marr Lynn Estates
- Mckinsey
- mep & prr
- Mep& Prr Co Surv Abs #617
- Mep&P Co Surv Abs 1127 Tracts
- Mg Huling Add
- Miller Perry Sub Water B Add
- Miller Perry Sub-Water B
- Morrow Estates
- Oak Court Add
- Oak Harbor Est
- Oak Harbor Estates Add
- Oaklawn Add
- Oakridge Homesites
- Old Cobweb Park
- Old Cobweb Park Add
- Paschal R A Surv
- PASCHAL, R A SURVEY
- Pecan Valley
- Peche Ranch
- Peche Ranch F-358
- Pierce Addition
- Point Break Add Ph
- Racetrac Add
- Ranch Oak Farms Estates
- Reata
- Reeses Mill Creek Add
- Roeser
- Roeser Addition
- Rosewood Estates Pc
- Rowden Add
- Sandy Beach
- see attached survey
- Shady Creek Estates
- Silver Creek Estates Addition
- Skyview Estates
- Snug Harbor Condo Apts
- Snug Harbor Village Add
- Spring Valley Estates
- Spring Valley Estates West
- Stone Eagle
- Stribling Square Add
- SURV: JACOB WILCOX
- T Harmon
- T Harmon 249
- Tangelwood Estates
- Tanglewood Estates
- TBD
- The Pines Pc
- Thomas Harmon Surv Abs #1931
- Thomas Harmon Survey
- Timbercreek Valley
- Timberlake Estates Add
- Timbers The Condo Apts #2
- Walnut Creek Add
- Wasser Addition
- Waterr Board-Perry Miller Sub
- Westlake Woods Add
- Wheeler Estates
- Whitfield Add
- Wilcox
- Wilcox, Jacob Survey #43 Abstract 1702 Tract
- William D Hailey Survey
- Windy Hill Estate
- Woodland Terrace Add
- Wright-Tucker Farm
- WT Tally
- Wudco Trails Add
- Younger Ranch Estates
- Younger W N Sub Water Brd Add
Market Summary
Current real estate data for Single Family in Azle as of Apr 26, 2026
302
Single Family Listed
82
Avg DOM
559
Avg $ / SqFt
$527,533
Avg List Price
Property Summary
- Located in the T&P Rr Co #7 Surv A 1431p Tr 2 subdivision, 1032 Greg Street 1-5 Azle TX is a Single Family for sale in Azle, TX, 76020. It is listed for $1,199,000 and features 8 beds, 8 baths, and has approximately 5,349 square feet of living space, and was originally constructed in 1991. The current price per square foot is $224. The average price per square foot for Single Family listings in Azle is $559. The average listing price for Single Family in Azle is $527,533. To schedule a showing of MLS#21240001 at 1032 Greg Street 1-5 in Azle, TX, contact your Spencer TX Real Estate, LLC agent at (817) 937-8532.
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