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Multifamily Community with Expansion Sites
For Sale
$2,986,000

7718 FM 1886, Azle, TX 76020

ResidentialIncome, Azle, TX

Property SizeContact for details
Lot Size10.00 Acres
Days on Market143

Property Features for 7718 FM 1886

General Information

Property type Residential Multi Family
Property subtype Other
Parking 20
Interior features CableTv
Appliances Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker, Microwave, Refrigerator
Lot features Acreage, Few Trees
Elementary school Azle
Middle school Azle
High school Azle
Elementary school district Azle ISD
Middle school district Azle ISD
High school district Azle ISD
Directions Take I20 to Farmer Road and go North to FM 1886 go west on 1886 about 1 mile and entrance to Cabins at Rocky Top. Meet at Mgmt office which is the first building on the right as you drive into the complex.
Standard status Active
APN 61000110897
Lot size 10.00 Acres

Utilities

Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Central Air
Water source Well

Building Details

Year built 2022
Floors in Building 1
Number of units 12
Flooring type Simulatedwood, Laminate, Carpet, Tile
Building materials Frame
Roof type Metal
Listing Agency: exp Realty, LLC
Listed By: Becky Leebens · License #0661426
Added: Jun 12 Changed: Oct 28 Last Checked: Nov 1 at 3:06PM
MLS# 21172237

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.

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Investment Insights

Based on property information with market context.

This multifamily property in Azle, Texas, includes 12 homes across 10 acres, with a combination of one-story and loft-style layouts. The one-story residences measure 1,270 square feet and offer three bedrooms, two bathrooms, kitchens, laundry areas, and dining space. Loft residences measure 1,670 square feet and provide three bedrooms, two bathrooms, and two-level living. The homes were built in 2022 and feature frame construction, metal roofing, central air, electric heating, tile, carpet, laminate, and simulated wood flooring.

The community is fully occupied, with minimum 1-year lease terms. Two cleared expansion sites are included for future residential or amenity development. The property is served by a well and septic tank and includes appliances such as refrigerators, dishwashers, ranges, microwaves, ice makers, and electric water heaters. Located at 7718 FM 1886, the property is in Azle, within Tarrant County.

Key Highlights

  • 12 homes across 10 acres
  • Mix of 1,270‑square‑foot one‑story homes and 1,670‑square‑foot loft residences
  • Each home offers 3 bedrooms and 2 bathrooms

Property Analytics

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Lease Details

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

23
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Fully leased community with one-story and loft-style residences, modern appliances, and two cleared areas for additional development.
Where is this multifamily property located?
The property is located at 7718 FM 1886 Azle, TX.
What is the asking price?
The asking price for this property is $2,986,000.
What are key features of this property?
This property features: 12 homes across 10 acres; Mix of 1,270‑square‑foot one‑story homes and 1,670‑square‑foot loft residences; Each home offers 3 bedrooms and 2 bathrooms
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