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Brick Apartment Building with Five Units
For Sale
$1,149,000

1032 Greg Street, Azle, TX 76020

MULTI_FAMILY - Azle, TX

Property SizeContact for details
Lot Size1.00 Acre
Days on Market26

Property Features for 1032 Greg Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 8, Bathroom 7, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 8, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 5, Bathroom 2
Parking 8
Parking features Driveway, Garage
Interior features DoubleVanity, WalkInClosets
Fireplace 1
Appliances ElectricRange, ElectricWaterHeater
Subdivision T&P Rr Co #7 Surv A 1431p Tr 2
Elementary school Cross Timbers
Middle school Azle
High school Azle
Elementary school district Azle ISD
Middle school district Azle ISD
High school district Azle ISD
Directions From Jacksboro Hwy (Hwy 199) travel south on Azle Hwy (FM 730) turn west onto Greg St. Property will be on your Right.
Standard status Active
APN R000055539
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7
Legal Description ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7

Utilities

Sewer type Aerobic Septic, Septic Tank
Heating system Electric (Heating)
Cooling system Central Air, Electric, Ceiling Fan(s)
Water source Well

Building Details

Year built 1991
Floors in Building 1
Number of units 5
Flooring type Tile, Carpet, Combination
Building materials Brick
Roof type Asphalt
Listing Agency: Trinity Group Realty
Listed By: Katy Reeves · License #0773315
Added: Jul 12 Changed: Aug 4 Last Checked: Aug 6 at 6:06PM
MLS# 21237322

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Brick apartment building featuring five units, including three single-family homes and one duplex. The property sits on a full acre and was built in 1991. Four of the five units have been updated, and each unit offers garage parking plus in-unit comfort features such as double vanities and walk-in closets. Interior finishes include a mix of carpet, tile, and combination flooring. Electric heat and central air are provided, and the home includes a fireplace.

Utilities are managed on-site with a private well and individual meters for each unit. The sewer system includes an aerobic septic system with a septic tank, and the septic system has been recently reworked with updated equipment.

Units are located at 1020, 1024, 1026, 1028, and 1032 Greg Street in Azle, TX 76020. Showings are available every Wednesday from 10am-11am.

Key Highlights

  • Five‑unit apartment building (three single‑family homes and one duplex)
  • Full acre lot
  • Private well with individual meters for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Locksmith Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 76020, TX

33,469
Population
13,355
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
64.9 sq mi
ZIP Area
516
Density / Sq Mi
$91,000
Median Household Income
$48,559
Median Earnings
$1,246
Median Rent
$272,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building with a private well, individual meters, and garage parking for each unit.
Where is this apartment building located?
The property is located at 1032 Greg Street Azle, TX.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Five‑unit apartment building (three single‑family homes and one duplex); Full acre lot; Private well with individual meters for each unit
More about this property
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