Turnkey Duplex Income
7971 Peden Road Azle, TX 76020
New
7971 Peden Road, Azle, TX, 76020
$425,000
For Sale
$425,000
MULTI_FAMILY - Azle, TX
Lot Size1.36 Acres
Days on Market3
Property Features for 7971 Peden Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3
- Parking
- 8
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Interior features
- EatInKitchen, HighSpeedInternet, CableTv, VaultedCeilings, WalkInClosets
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- SomeGasAppliances, Dishwasher, GasCooktop, Disposal, GasOven, PlumbedForGas, Refrigerator
- Standard status
- Active
- APN
- 42822457
- Lot size
- 1.36 Acres
Taxes and HOA fees
- Tax Description
- LSCS PEDEN ADDITION BLOCK LOT 1
- Tax Annual Amount
- 4193
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1978
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Composition
Listing Agency
Keller Williams Realty DPR
(972) 732-6000
Dallas, TX
Listed by
Daniel Harker · License #0435185
(972) 732-6000
Added: Jul 16 Checked: Jul 18 at 6:06 am
MLS# 21324127
Listing URL
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 turnkey income property features two separately leased residences on 1.36+ acres. The front residence has been extensively remodeled and includes quartz countertops, luxury vinyl plank flooring, updated cabinetry, and contemporary finishes. The second residence is a 2022-built manufactured home with 3 bedrooms and 2 bathrooms and 1,216 square feet, with its own address, private entrance, and separate utilities. Both homes are currently occupied by tenants, and the manufactured home is permanently affixed and deeded as real property.
For financial performance, the front residence is leased for $1,999 per month and the manufactured home is leased for $1,600 per month. Combined gross annual income is $43,188 with annual operating expenses of $8,195, resulting in net operating income of $34,993. The property offers immediate cash flow with two independent housing units on the same parcel.
For financial performance, the front residence is leased for $1,999 per month and the manufactured home is leased for $1,600 per month. Combined gross annual income is $43,188 with annual operating expenses of $8,195, resulting in net operating income of $34,993. The property offers immediate cash flow with two independent housing units on the same parcel.
Key Highlights
- 1.3+ acre property with two separately leased residences, both currently occupied by tenants
- Front residence extensively remodeled with quartz countertops, luxury vinyl plank flooring, and updated cabinetry; leased for $1,999/mo
- Second residence is a 2022‑built manufactured home with 3 beds, 2 baths, and 1,216 SF; leased for $1,600/mo
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separately leased residences on 1.36+ acres, including a remodeled front home and a 2022 manufactured home.
Where is this duplex located?
The property is located at 7971 Peden Road Azle, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1.3+ acre property with two separately leased residences, both currently occupied by tenants; Front residence extensively remodeled with quartz countertops, luxury vinyl plank flooring, and updated cabinetry; leased for $1,999/mo; Second residence is a 2022‑built manufactured home with 3 beds, 2 baths, and 1,216 SF; leased for $1,600/mo
