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7971 Peden Road
Azle TX 76020 US

$400,000

Active Listing ID 21324127
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6 bed
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4.00 Bath (4 Full)
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Lot: 1.36 Acres
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Other

$400,000

Active Listing ID 21324127
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7971 Peden Road Stabilized, income-producing investment offering immediate cash flow with both residences fully leased through May 2027. Situated on more than 1.3 acres, this unique asset consists of two separately leased homes on two individual parcels, providing strong current income and multiple long-term exit strategies. 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.

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Property Features

  • Facts
  • Lot Size: 1.36 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Electric
  • Floor Covering: Vinyl, Carpet
  • Roof Type: Composition
  • Heating Fuels: Central
  • Additional Features
  • Fireplace
  • Patio

School Information

  • School
  • Liberty(Elementary)
  • Forte(MiddleSchool)
  • Azle(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 400000
  • unparsedaddress: 7971 Peden Road
  • postalcity: Azle
  • stateorprovince: TX
  • country: US
  • postalcode: 76020
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.363
  • lotsizeunits: Acres
  • lotsizearea: 1.363
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.952121
  • longitude: -97.53754
  • listagentfullname: Daniel Harker
  • listagentemail: dan@empowerhome.com
  • listagentkey: 3yd-NTREIS-0435185
  • listagentmlsid: 0435185
  • listagentpreferredphone: (972) 732-6000
  • listofficekey: 3yd-NTREIS-KELL01
  • listofficemlsid: KELL01
  • disclaimer: 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.
  • sourcesystemid: NTREIS
  • yearbuilt: 1978
  • listagenturl: http://dallas_preston_road.kw.com
  • countyorparish: Tarrant
  • parcelnumber: 42822457
  • elementaryschool: Liberty
  • highschool: Azle
  • elementaryschooldistrict: Azle ISD
  • middleorjuniorschooldistrict: Azle ISD
  • highschooldistrict: Azle ISD
  • appliances: SomeGasAppliances, Dishwasher, GasCooktop, Disposal, GasOven, PlumbedForGas, Refrigerator
  • cooling: Electric, Central Air
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl
  • heating: Central
  • numberofunitstotal: 2
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 8
  • parkingfeatures: Driveway
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: EatInKitchen, HighSpeedInternet, CableTv, VaultedCeilings, WalkInClosets
  • rooms: Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 6
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -97.53754, 32.95212
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Guildford LTD dba Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dallasprestonroad@gmail.com", "ListBrokerageCity":"Dallas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw48@kw.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/3fc2be601f6911e180be00219b994c72k-c2473781395r.png", "ListBrokerageName":"Guildford LTD dba Keller Williams Realty", "ListBrokeragePhone":"(972) 732-6000", "ListBrokeragePostalCode":"75252", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"18383 Preston Road, Ste 150", "ListBrokerageWebsiteUrl":"http://dallas_preston_road.kw.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KELL01", "ListOfficeCity":"Dallas", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw48@kw.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"ResidentialIncome, Azle, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7971-Peden-Rd_Azle_TX_76020_M99199-45242?f=listhub&s=NTREIS&m=21324127&c=rexren", "MLSModificationTimestamp":"2026-08-22 09:56:09", "Neighborhoods":[{"Description":null, "Name":"Lscs Peden Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4193, "TaxDescription":"LSCS PEDEN ADDITION BLOCK LOT 1", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/3/2026 12:35:11 AM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Daniel Harker, Keller Williams Realty DPR, dan@empowerhome.com

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.