1032 Greg Street 1-5
Azle, TX, 76020
$1,149,000
8 Beds
8 Baths
5,349 SqFt
1 Acres
MLS #21240001 image #0

Location

FANTASTIC INVESTMENT OPPORTUNITY, the one you’ve been waiting for! Welcome to a rare, income-producing property featuring five units situated on a full acre, offering both immediate cash flow and long-term upside. This unique portfolio includes three single-family homes and one duplex, providing an ideal mix for tenant diversity and rental stability. Four of the five units have been thoughtfully updated, allowing a new owner to step into a largely turn-key investment while still benefiting from future value-add potential on the remaining unit. The property is equipped with its own private well, with individual meters for each unit, helping streamline utility management and reduce owner expenses. A recently reworked septic system with updated equipment adds peace of mind and minimizes near-term capital expenditures. Numerous additional upgrades throughout the property further enhance its appeal and functionality. Each unit also features garage parking, a highly desirable amenity that adds convenience for tenants and increases rental appeal. Situated at 1020, 1024, 1026, 1028, and 1032 Greg Street, in Azle, TX, this multi-unit offering combines space, infrastructure, and income potential, all in one compelling package. Don’t miss this exceptional opportunity to expand your portfolio with a high-performing, multi-unit property! Showings are available every Wednesday from 10am-11am.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$1,149,000
MLS #:
21240001
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
T&P Rr Co #7 Surv A 1431p Tr 2
Listed Date:
Apr 15, 2026
Finished Sq Ft:
5,349
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1991
GarageT&p Rr Co #7 Surv A 1431p Tr 2Azle IsdCross TimbersAzle

Schools

School District:
Azle ISD
Elementary School:
Cross Timbers
High School:
Azle

Interior

Bathrooms Full
8
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Living Room
Fireplaces Total
2
Flooring
Carpet, Ceramic Tile, Combination
Heating
Electric
Interior Features
Double Vanity, Walk- In Closet(s)
Number Of Living Areas
5

Exterior

Construction Materials
Brick, Siding
Fencing
Back Yard, Wood
Garage Spaces
7
Lot Size Area
43560.0000
Lot Size Dimensions
210×213.54×210.36×201.31

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Azle

Market Summary

Current real estate data for Single Family in Azle as of May 11, 2026
287
Single Family Listed
82
Avg DOM
561
Avg $ / SqFt
$520,573
Avg List Price

Property Summary

    Located in the T&P Rr Co #7 Surv A 1431p Tr 2 subdivision, 1032 Greg Street 1-5 Azle TX is a Single Family for sale in Azle, TX, 76020. It is listed for $1,149,000 and features 8 beds, 8 baths, and has approximately 5,349 square feet of living space, and was originally constructed in 1991. The current price per square foot is $215. The average price per square foot for Single Family listings in Azle is $561. The average listing price for Single Family in Azle is $520,573. To schedule a showing of MLS#21240001 at 1032 Greg Street 1-5 in Azle, TX, contact your Aaron Layman Properties agent at 940-209-2100.
1032 Greg Street 1-5
Azle, TX