Six-Home Multifamily Income
900 Reese Lane Azle, TX 76020
For Sale
$1,350,000
MULTI_FAMILY - Azle, TX
Lot Size2.11 Acres
Days on Market122
Property Features for 900 Reese Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 12
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bedroom 8, Bathroom 2, Bedroom 10, Bedroom 3, Bedroom 11, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 12, Bathroom 6, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 5
- Parking
- 12
- Parking features
- Driveway, Assigned
- Interior features
- HighSpeedInternet, OpenFloorplan
- Appliances
- ElectricRange, Refrigerator
- Standard status
- Active
- APN
- R000060195
- Lot size
- 2.11 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 2.109 TR: BLK: SURV: JACOB WILCOX
- Tax Annual Amount
- 16081
Utilities
- Sewer type
- Septic Tank, Aerobic Septic
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Carpet, Tile, Laminate
- Roof type
- Composition
Listing Agency:
The Michael Group Real Estate
(817) 577-9000
Listed By:
Brett Ashcraft · License #0563836
(214) 692-6400
Added: Mar 26
Changed: Jun 8
Last Checked: Jul 25 at 8:06AM
MLS# 20974896
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 income-producing property features six identical 2-bedroom, 1-bath houses built in 2005 on slab foundations. All units are currently occupied by long-term tenants, creating a turn-key rental profile for an investor seeking immediate income. In addition to the six houses, there is a mobile home on-site with no value; however, it could be removed to create a potential build site. The property includes an active well and two septic systems supporting the existing configuration.
The asset is offered for sale on more than two acres in west Azle. It is specifically described as a unique income-producing opportunity, with showings restricted to appointments. Prospective buyers are instructed not to disturb tenants in any way, and access is granted only after an acceptable offer has been signed.
For investors and buyers focused on stabilized residential income, the combination of identical units and long-term occupancy is a practical fit. The presence of an existing build site option may also appeal to operators considering future development or expanded improvements, subject to due diligence on the site and utilities. This is well-suited for those who prioritize operational continuity and existing tenant support from day one.
The asset is offered for sale on more than two acres in west Azle. It is specifically described as a unique income-producing opportunity, with showings restricted to appointments. Prospective buyers are instructed not to disturb tenants in any way, and access is granted only after an acceptable offer has been signed.
For investors and buyers focused on stabilized residential income, the combination of identical units and long-term occupancy is a practical fit. The presence of an existing build site option may also appeal to operators considering future development or expanded improvements, subject to due diligence on the site and utilities. This is well-suited for those who prioritize operational continuity and existing tenant support from day one.
Key Highlights
- Income‑producing property on 2+ acres in west Azle with 6 identical 2‑bedroom, 1‑bath houses built in 2005
- All 6 units are occupied by long‑term tenants (showings by appointment only after an acceptable offer is signed)
- Each house built on slab foundations with active well plus 2 septic systems on‑site
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - A fully occupied six-unit, two-bedroom rental setup with active well and septic systems on a buildable parcel.
Where is this apartment building located?
The property is located at 900 Reese Lane Azle, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Income‑producing property on 2+ acres in west Azle with 6 identical 2‑bedroom, 1‑bath houses built in 2005; All 6 units are occupied by long‑term tenants (showings by appointment only after an acceptable offer is signed); Each house built on slab foundations with active well plus 2 septic systems on‑site
