Mixed-Layout Multifamily
For Sale
$3,200,000
7718 FM 1886, Azle, TX 76020
MULTI_FAMILY - Azle, TX
Lot Size10.00 Acres
Days on Market61
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
Tile, Laminate, Simulatedwood, Carpet
Building materials
Frame
Roof type
Metal
Listing Agency:
exp Realty, LLC
(888) 519-7431
Listed By:
Becky Leebens · License #0661426
(888) 519-7431
Added: Jun 2
Changed: Jul 27
Last Checked: Aug 1 at 1:06PM
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.
Investment Insights
Based on property information with market context.
This for-sale multifamily community includes 12 residential homes across one-story and loft-style configurations. The one-story units are described as 3-bedroom, 2-bath residences with fully equipped kitchens, laundry, and dining areas. The loft units are described as 3-bedroom, 2-bath homes with two-level living and premium features. The property is offered as fully occupied with minimum 1-year lease terms, supporting stable in-place occupancy. It is also situated on 10 acres and includes two cleared expansion sites.
The property is located at 7718 FM 1886 in Azle, Texas (Tarrant County). The offering highlights a small-community feel while maintaining access to major urban centers, which may be relevant for tenant retention and long-term livability.
For investors or buyers seeking an operational, income-producing residential asset, the current full occupancy and minimum 1-year lease terms are key considerations. The presence of two cleared sites can support future development planning for additional residential or amenity uses, subject to applicable requirements. With a mix of one-story and loft-style designs, the tenant mix may also benefit from providing different household preferences within the same community setting.
The property is located at 7718 FM 1886 in Azle, Texas (Tarrant County). The offering highlights a small-community feel while maintaining access to major urban centers, which may be relevant for tenant retention and long-term livability.
For investors or buyers seeking an operational, income-producing residential asset, the current full occupancy and minimum 1-year lease terms are key considerations. The presence of two cleared sites can support future development planning for additional residential or amenity uses, subject to applicable requirements. With a mix of one-story and loft-style designs, the tenant mix may also benefit from providing different household preferences within the same community setting.
Key Highlights
- Multi‑family community on 10 acres in Azle, Texas, with 12 homes built in 2022
- Fully occupied with minimum 1‑year lease terms for stability
- One‑story units: 1,270 SF with 3 beds and 2 baths, including a fully‑equipped kitchen and laundry
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied 12-home community with one-story and loft layouts and two cleared expansion sites.
Where is this apartment building located?
The property is located at 7718 FM 1886 Azle, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Multi‑family community on 10 acres in Azle, Texas, with 12 homes built in 2022; Fully occupied with minimum 1‑year lease terms for stability; One‑story units: 1,270 SF with 3 beds and 2 baths, including a fully‑equipped kitchen and laundry
