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 private driveway. It is currently leased for $1,600 per month through May 2027.Together, the property generates $43,188 in annual gross rental income and offers low-maintenance ownership with tenant-paid utilities, recent improvements, and limited near-term capital expenditure requirements, making it an exceptional long-term investment.
Listed By
Agency Name: Keller Williams Realty DPR
Agency Contact: 469-717-6391
Agent Name: Daniel Harker
Shown By
Agent Name: Sarah Martin
Agent Phone: (254) 242-6909
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,069.82 per month $945.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $123.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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7971 Peden Road | MLS# 21324127
This multi-family property located at 7971 Peden Road, Azle, TX 76020 is currently listed for sale with an asking price of $425,000. Peden Road is located within the Azle ISD school district. Search Azle real estate on sarahmartin.kellyrealtors.com today.