12-Unit Apartment
For Sale
$3,100,000
7718 Fm 1886, Azle, TX 76020
Fully leased residential community with one-story and loft-style homes, modern amenities, and two cleared expansion sites.
Property SizeContact for details
Lot Size10.00 Acres
Days on Market216
Property Features for 7718 Fm 1886
General Information
Standard status
Active
Lot size
10.00 Acres
Property subtype
Residential Income
Occupancy
100%
Additional Details
Multifamily Units
12
Listing Agency:
exp realty, llc
(941) 462-3321
Listed By:
Becky Leebens · License #0661426
(469) 333-1918
Source:
Exprealty
Added: Feb 5
Changed: Sep 7
Last Checked: Sep 8 at 1:27PM
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 exp realty, llc
Investment Insights
Based on property information with market context.
Built in 2022, this 10-acre apartment community includes 12 homes arranged in a mix of single-level and loft-style residences. The one-story homes offer 1,270 square feet with three bedrooms, two bathrooms, kitchens, laundry areas, and dining space. Loft residences provide 1,670 square feet, three bedrooms, two bathrooms, and two-level layouts. Interior features include central air, electric service, multiple flooring types, dishwashers, ranges, refrigerators, microwaves, electric water heaters, and cable TV availability. Covered patios or porches, slab foundations, metal exteriors, and frame construction are also present.
The property is reported at 100% occupancy, with long-term tenants and minimum one-year lease terms. Two cleared sites are included for future residential or amenity development. The address is in Azle, Texas, at 7718 FM 1886.
The property is reported at 100% occupancy, with long-term tenants and minimum one-year lease terms. Two cleared sites are included for future residential or amenity development. The address is in Azle, Texas, at 7718 FM 1886.
Key Highlights
- 10‑acre apartment community with 12 homes
- 100% occupancy with long‑term tenants and minimum 1‑year lease terms
- Unit mix includes 1,270‑square‑foot one‑story homes and 1,670‑square‑foot loft residences
Property Analytics
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Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased residential community with one-story and loft-style homes, modern amenities, 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 $3,100,000.
What are key features of this property?
This property features: 10‑acre apartment community with 12 homes; 100% occupancy with long‑term tenants and minimum 1‑year lease terms; Unit mix includes 1,270‑square‑foot one‑story homes and 1,670‑square‑foot loft residences
