1032 Greg Street 1-5
Azle, TX, 76020
$1,199,000
8 Beds
8 Baths
5,349 SqFt
1 Acres
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MLS #21240001 image #0
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
GarageT&p Rr Co #7 Surv A 1431p Tr 2Azle IsdCross TimbersAzle

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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

Subdivisions in Azle

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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