Full Duplex with Fenced
1233 Village Garden Drive Azle, TX 76020
For Sale
$391,900
For sale duplex with two matching units, each offering four bedrooms, two full baths, and a 1-car garage.
Property Size1,246 SF
Price / SF$314.53
Days on Market80
Property Features for 1233 Village Garden Drive
General Information
- Standard status
- Active
- Size
- 1,246 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2006
Listing Agency:
CENTURY 21 Judge Fite Co.
(817) 637-6078
Listed By:
Miguel Picart · License #0671894
(817) 637-6078
Source:
Compass
Added: May 5
Changed: Jul 23
Last Checked: Jul 23 at 6:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Judge Fite Co.
Investment Insights
Based on property information with market context.
This property is a full duplex with both sides included. Each unit features approximately equal layouts with four bedrooms, two full bathrooms, and an attached 1-car garage. Interior finishes include stained concrete flooring and carpet, and the homes are served by all-electric systems for simplified utility management. Both units also include fenced backyards and additional driveway parking.
The duplex is located in Azle and offers convenient access to local amenities, schools, and commuter routes.
From a practical standpoint, the configuration supports either rental income from both units or owner-occupancy of one side with the other available for leasing.
The duplex is located in Azle and offers convenient access to local amenities, schools, and commuter routes.
From a practical standpoint, the configuration supports either rental income from both units or owner-occupancy of one side with the other available for leasing.
Key Highlights
- Full duplex with 2 units (both sides included) in a two‑story brick/siding building built in 2006
- Each unit features 4 bedrooms, 2 full bathrooms, and a 1‑car garage
- All‑electric systems with central heating and central air
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.8k | $27.96 |
| − Vacancy | −$3.5k | −$2.84 |
| EGI | $31.3k | $25.12 |
| − OpEx | −$9.4k | −$7.54 |
| NOI | $21.9k | $17.58 |
1,246 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.0K
$273.9K – $365.2K
NOI $21,909 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$270.7K
$236.8K – $315.8K
NOI $18,947 @ 7.0% cap · market cap 4.83%
Theoretical Best
Industrial
$1.24M
$1.08M – $1.44M
NOI $86,667 @ 7.0% cap · market cap 22.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - For sale duplex with two matching units, each offering four bedrooms, two full baths, and a 1-car garage.
Where is this duplex located?
The property is located at 1233 Village Garden Drive Azle, TX.
What is the asking price?
The asking price for this property is $391,900.
What are key features of this property?
This property features: Full duplex with 2 units (both sides included) in a two‑story brick/siding building built in 2006; Each unit features 4 bedrooms, 2 full bathrooms, and a 1‑car garage; All‑electric systems with central heating and central air
