7971 Peden Road Azle, TX 76020
6 Beds
4 Baths
1.36 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Lscs Peden Add
MLS Listing ID 21324127
Bedrooms 6
Full Baths 4
HOA Y/N None
Total Fin. Sqft 1242
Year Built 1978
Annual Tax Amount $4,193
Lot Size 1.363 Acres
Acres 1.363
Property Sub-Type Multiple Single Units
Property Description
The primary residence is a remodeled 1,917-square-foot home featuring three bedrooms, two bathrooms, quartz countertops, luxury vinyl plank flooring, updated cabinetry, and modern finishes throughout. It is currently leased for $1,999 per month through May 2027.
The second residence is a 2022-built manufactured home offering three bedrooms, two bathrooms, and 1,242 square feet. Permanently affixed to the real property, it features separate utilities, its own address, and a private driveway. It is currently leased for $1,600 per month through May 2027.
Together, the property generates $43,188 in annual gross rental income and offers low-maintenance ownership with tenant-paid utilities, recent improvements, and limited near-term capital expenditure requirements, making it an exceptional long-term investment.
Location
State TX
County Tarrant
Direction From TX-199 W, take the exit for FM 730/Boyd and merge onto the frontage road. Turn right onto Boyd Rd, then right onto Peden Rd. The destination will be on the right. Welcome!
Interior
Interior Features Cable TV Available, Eat-in Kitchen, High Speed Internet Available, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Gas in Kitchen, Refrigerator
Heat Source Central
Exterior
Carport Spaces 2
Fence Fenced, Pipe
Utilities Available All Weather Road, Co-op Water, Outside City Limits, Septic
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Liberty
High Schools Azle
School District Azle Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21324127
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