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.
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
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

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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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Similar Listings Nearby
Community
- Address1032 Greg Street 1-5 Azle TX
- SubdivisionT&P Rr Co #7 Surv A 1431p Tr 2
- CityAzle
- CountyParker
- Zip Code76020
Subdivisions in Azle
- .
- A-617 MEP & PRR 1.506 ACRES TRACT PT 19
- ACRES: 1.791 TR: BLK: SURV: JACOB WILCOX
- Adam Acres Estates
- ANDY RANCH, F-445
- Arbor Vista
- Arledge Addition
- Ash Creek Estates
- Ashwood Park Ph 2
- Auburn Terrace
- Azle Grove
- Azle Heights Add
- Azle Original Town Of
- Azle Woods Add
- Bar-Y Estates
- Beaver Creek
- Benjamin F Curtis Surv Abs #34
- Boiling Ranch Estates Ph 03
- Boling Ranch Estate 03
- Boling Ranch Estate II
- Briar Crossing
- Briar Oaks Ranchett
- Briar West
- Briardale Acres
- Briarwood Estates
- BRISTOL FARM
- Bristol Farm Add
- Broadway North Add
- calhoun acres
- CASTLE HILL ESTATES
- Castle Hills Estates
- Castle Hills Northwest
- Cherry Valley Farms
- Cole I W Sub Water Board
- county
- Crestview Add
- Cross Timbers Estates
- Dears Farm Phase 1
- Deats Farm Ph 2
- Deer Glade
- Deer Glade Ph 1
- Deer Glade Ph 2
- Deer Glade- Ph 1
- Deer Glade-Ph 2
- Deer Ridge Estates
- Deer Ridge Estates Ph
- Deer Trail Add
- Denver Heights Add Lot 3A & 4B4
- Dorsey J Add
- Dunaway Sub
- Eagle Lake Garden Village Add
- Eagle Mountain Acres
- Eagle Mountain View Add
- Eagle Mountain View Addition
- Eagle Pointe
- Eagle Pointe Add
- Emanuel Heights
- Encanto Estates
- Enchanted Lakes Pc
- English Creek Estate
- Escondido
- Estate Add
- Eustace Hill Stanfield Wtr Brd
- Falcon Ridge Add
- Falconer Addition
- Forest Glen
- Forest Glen Add
- Golden Pond
- Golden Pond Estate
- Harbor Parc
- Harbor Parc Add
- HARMAN, THOMAS SURVEY ABSTRACT 1996 TRACT 1C 1.00
- HARMON, THOMAS SURVEY ABSTRACT 1931 TRACT 2K & 2L
- Harvey Estates
- Hidden Forest
- High School Add
- HILL A L
- Hills Of Briar Oaks
- Hunters
- Hunters Add
- I W Cole Sub-water
- Inwood Park Add
- J Wilcox Surv #43
- Jackson Trail West Add
- John Spain Survey in Parker County
- JP Hales Survey
- Kimbrough Place
- Kimbrough Sub
- Lake Crest Park Add
- Lake Forest Add
- LAKE FOREST ADDITION
- Lake Ridge Estates Add
- Lakeview Estates
- Lakeview Estates Ph 1
- Lakeview Heights
- Lakeview Hts
- Live Oak Park
- LOMA VISTA
- Lone Pine Estates
- Lost Horizon Estates Pc
- LOST HORIZON ESTATES, PC E-486
- M E P & P RR CO SURVEY
- M E P & P RR CO SURVEY #33
- M.G. Huling
- Madden W C Add
- Marr Lynn Estates
- Mep & P Railroad Company Surv
- mep & prr
- Mep& Prr Co Surv Abs #617
- Mep&P Co Surv
- Mep&P Co Surv Abs 1127 Tracts
- MEP&P RR Co Survey
- Miller Perry Sub Water B Add
- Miller Perry Sub-Water B
- Neal Hamilton Add
- Northam Acres
- Oak Court Add
- Oak Harbor Est
- Oak Harbor Estates
- Oak Harbor Estates Add
- oak harper estates
- Oaklawn Add
- Old Cobweb Park
- Paschal
- Paschal R A Surv
- PASCHAL, R A SURVEY ABSTRACT 1991 TRACT 1N
- Peche Ramch
- Peche Ranch
- Pierce Addition
- R W Looper Addition
- Racetrac Add
- Reata
- Reese 01
- republic hensley
- Roeser
- Roeser Addition
- Rosewood Estates
- Rosewood Estates Pc
- Rowden Add
- Rowden Add Pc
- Sandy Beach
- Shady Creek Estates
- Shangri La Home Sites
- Silver Creek Cove
- Silver Creek Estates Addition
- Simmons Add
- Snug Harbor Condo Apts
- Snug Harbor Village Add
- Sportsmans Park Add
- Spring Valley Estates
- Spring Valley Estates West
- Spring Valley Sub
- Stewart Bend Add
- Stone Eagle
- Stone Eagle Add
- Stribling Square Add
- Stribling Square II
- SURV: JACOB WILCOX
- SURVEY: CHAMBLESS J J
- T Harmon
- T&P RR Co Survey
- Tangelwood Estates
- The Woodlands Add
- The Woodlands Addtion
- Thomas Harman Abs 1996
- Thomas Harmon Survey
- Thomas Len Estates Ph. II
- Thomas Len Estates Phase 2
- Timbercreek Valley
- Timberlake Estates
- Timberlake Estates Add
- Timbers The Condo Apts #1
- Timbers The Condo Apts #2
- TRINITY MEADOWS
- unincorp
- Walnut Creek Add
- Wasser Addition
- Westwood
- Westwood Add
- WILCOX
- Wilcox, Jacob Survey
- William D Hailey Survey
- Windy Hill Estate
- Woodland Hills Add
- WOODLAND TERRACE ADDITION
- Wright Place Add
- Wudco Trails Add
- Younger Ranch Estates
- Younger W N Sub Water Brd
- Younger W N Sub Water Brd Add
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




