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1032 Greg Street , 1020, 1024, 102

Azle, TX 76020
  • $1,149,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 21240203
Price Reduced
UPDATED: 48 min ago
$1,149,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Offered by Katy Reeves of Trinity Group Realty: 972-313-5388.

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-14T23:44:24.087.
www.nwlapropertysearch.com/homes/175205899
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1032 Greg Street , 1020, 1024, 102 Azle, TX 76020

  • Price: $1,149,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 48 min ago
  • MLS #: 21240203
0
Beds
0
Baths
0
½ Baths
1
Acres
1991
Built
Neighborhood:
T&P Rr Co #7 Surv A 1431P Tr 2
County:
Parker
Area:
Azle
Property 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.
Exterior Features

Construction BrickSiding Dock Permitted No Foundation Slab Lot Dimensions 210x213.54x210.36x201.31 Lot Size Source Appraiser Parking Or Garage DrivewayGarage Road Frontage Type County Road Roof Asphalt Waterfront YN No

Interior Features

Ceiling Height 8 to10 Feet Cooling Ceiling Fan(s)Central AirElectric Flooring CarpetCeramic TileCombination Handicap YN No Heating Electric Sq Ft Gross 5349

Property Features

Building Area Source Appraiser Building Area Total 5349.00 Building Use Other Construction Status Preowned Gross Annual Expenses 20116.00 Gross Annual Income 95460.00 Insurance Expense 2680 Lake Pump No Leaseable Spaces 5 Listing Terms 1031 ExchangeCashConventional Multi Zoning No Municipal Utility District No Net Operation Income 75343 Operating Expense Includes InsuranceMaintenanceSuppliesUtilities Owner Pays Common Area Maintenance Possession Closing/Funding Property Type Business Senior Community No Special Notes Aerial PhotoSurvey Available Tenant Pays All Utilities Transaction Includes BusinessLand & Improvements Utilities Aerobic SepticSepticWell Will Subdivide No Zoning No Zoning

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-14T23:44:24.087.
 
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Berkshire Hathaway HomeServices Ally Real Estate
700 Ogilvie Street, Suite B
Bossier City LA, 71111
Offered by Katy Reeves of Trinity Group Realty: 972-313-5388.