Turnkey Full
756-752 Stribling Circle Azle, TX 76020
For Sale
$350,000
Turnkey duplex with two identical 3-bedroom, 2-bath units, each with a 2-car garage and fenced backyards.
Property Size1,187 SF
Price / SF$294.86
Days on Market74
Property Features for 756-752 Stribling Circle
General Information
- Standard status
- Active
- Size
- 1,187 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2003
Listing Agency:
Keller Williams Realty
(817) 203-4919
Listed By:
Susie Fitzgerald · License #0433686
(817) 203-4919
Source:
Compass
Added: May 11
Changed: Jul 23
Last Checked: Jul 23 at 3:02AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This turnkey full duplex features two identical units, each offering a spacious 3-bedroom, 2-bathroom layout with a 2-car garage. Both homes include a 16x12 family room with vaulted ceilings and durable LVP flooring, along with an open-concept kitchen and breakfast area with ample storage and a walk-in pantry. Each unit also provides a primary suite with a private bath and generous walk-in closets.
Outside, tenants can enjoy expansive fenced backyards and a covered porch. A new roof is being installed May 11–12.
Located in Azle, the property is described as being just steps from Shady Grove Park, jogging trails, and Eagle Mountain Lake.
Outside, tenants can enjoy expansive fenced backyards and a covered porch. A new roof is being installed May 11–12.
Located in Azle, the property is described as being just steps from Shady Grove Park, jogging trails, and Eagle Mountain Lake.
Key Highlights
- Turnkey 2‑unit full duplex (2 identical units) with 3‑bedroom, 2‑bath layouts
- Each unit includes a 2‑car garage and fenced backyard
- Open‑concept kitchen with breakfast area and walk‑in pantry in each unit
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 | $33.2k | $27.96 |
| − Vacancy | −$3.4k | −$2.84 |
| EGI | $29.8k | $25.12 |
| − OpEx | −$8.9k | −$7.54 |
| NOI | $20.9k | $17.58 |
1,187 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.2K
$260.9K – $347.9K
NOI $20,872 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$257.9K
$225.6K – $300.8K
NOI $18,050 @ 7.0% cap · market cap 5.16%
Theoretical Best
Industrial
$1.18M
$1.03M – $1.38M
NOI $82,563 @ 7.0% cap · market cap 23.59%
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 - Turnkey duplex with two identical 3-bedroom, 2-bath units, each with a 2-car garage and fenced backyards.
Where is this duplex located?
The property is located at 756-752 Stribling Circle Azle, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Turnkey 2‑unit full duplex (2 identical units) with 3‑bedroom, 2‑bath layouts; Each unit includes a 2‑car garage and fenced backyard; Open‑concept kitchen with breakfast area and walk‑in pantry in each unit
