TX
Tarrant
Azle
76020
7971 Peden Road
7971 Peden Road, Azle, TX 76020
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Listing Type
other
Listing Status
Active
27
$425,000

Home Details for 7971 Peden Road

Price
$425,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Year built
1978
Lot size acres
1.363
County
Tarrant
Days on site
45
MLS Listing#
21324127
Property Description

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
  • House Interior
    • Eat-in Kitchen
    • Vaulted Ceiling(s)
    • Walk-In Closet(s)
    • High Speed Internet
  • Parking
    • Asphalt
    • Driveway
    • Gravel
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Central
  • Utilities
    • Cable Available
  • Fire Place
    • Wood Burning
School Information
School Information for 7971 Peden Road, Azle, TX 76020
Elementary School
Liberty
Middle School
Forte
High School
Azle
Listing Courtesy: Keller Williams Realty DPR - 972-732-6000
Presented by: Daniel Harker
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-07-24 15:54:34
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Office
817 925 5503
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