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$1,149,000
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Property Description
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.
Full Property Details
Full Property Details for 1032 Greg St #1-5
General
- Price: $1,149,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21240001
- Updated: 9/8/2026
- Added to Site: 177 day(s) ago
Interior
- Interior Features: Double Vanity, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room
- Appliances: Dishwasher, Electric Range, Electric Water Heater
- Flooring: Carpet, Combination, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 7
- Covered Spaces: 7
- Parking Features: Driveway, Garage
Location
- County: Parker
- Subdivision: T&P Rr Co #7 Surv A 1431p Tr 2
- Driving Directions: From Jacksboro Hwy (Hwy 199) travel south on Azle Hwy (FM 730) turn west onto Greg St. Property will be on your Right.
School Information
- Elem School District: Azle ISD
- Midd School District: Azle ISD
- High School District: Azle ISD
- Elementary School: Cross Timbers
- Middle School: Azle
- High School: Azle
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Septic Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: Duplex, House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Asphalt
- Stories/Levels: 1
- Living Area: 5,349 Sq. Ft.
- Year Built: 1991
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Size Source: Appraiser
- Lot Dimensions: 210 x 213.54 x 210.36 x 201.31
- Fencing (Description): Back Yard, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: ACRES: 1.000 ABST: 1431 SURVEY: T & P RR CO SUR 7
- Property ID: R000055539
- Block: 1020
Listed by Trinity Group Realty, Bradley Hutton
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Schools
Schools serving 1032 Greg St #1-5
School District:Azle Independent School District
| Name | Grades | Distance |
|---|---|---|
Cross Timbers Elementary School 831 Jackson Trail, Azle, TX 76020 | PK-4 | 0.9 mi |
Santo Forte J High School 479 Sandy Beach Road, Azle, TX 76020 | 7-8 | 2.6 mi |
Azle High School 1200 Boyd Road, Azle, TX 76020 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1032 Greg St #1-5
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$1,149,000
-4.17%
MLS
4/15/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1032 Greg St #1-5
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,670
-17%
$638,080
-16%
2024
$4,437
-64%
$760,460
—
2023
$12,232
44%
$760,460
65%
2022
$8,523
-2%
$460,580
—
2021
$8,655
46%
$460,580
50%
2020
$5,948
-3%
$306,810
2%
2018
$6,129
—
$299,880
—
2017
$6,148
4%
$299,880
-2%
2019
$5,916
32%
$306,810
34%
2016
$4,488
2%
$229,720
—
2015
$4,420
-15%
$229,720
-14%
2013
$5,187
—
$268,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1032 Greg St #1-5
1032 Greg Street #1-5, Azle, TX 76020 (MLS# 21240001) is a Single Family property with 8 bedrooms and 8 full bathrooms. 1032 Greg Street #1-5 is currently listed for $1,149,000 and was received on April 15, 2026. Want to learn more about 1032 Greg Street #1-5? Do you have questions about finding other Single Family real estate for sale in Azle? You can browse all Azle real estate or contact a Coldwell Banker agent to request more information.

