Skip to main content

1 of 26

Active

$400,000

  • 6 beds
  • 4 baths
  • 1.36 acre lot

7971 Peden Road

View on map

Listing data updated

About this home

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.

Read the full 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.

Bedrooms
6
Bathrooms
4
Lot size
1.36 acres
Garage spaces
0 spaces
Year built
1978
Status
Active
MLS number
21324127

Listing courtesy of Keller Williams Realty DPR

Office phone 972-732-6000

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

See this home in person

Times that work for you (up to three)

Request a tour

This is a request, not a confirmed appointment. QRE Team will confirm within 2 business hours.

Location

Facts and features

Interior

Bedrooms
6
Bathrooms
4

Exterior

Garage spaces
0

Lot

Lot size
1.36 acres

Building

Year built
1978

Selling a home in Azle?

Enter your address and a licensed agent will prepare an estimated sale price range.

This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.

Similar homes nearby

See all similar homes

Active homes in Azle with 5 or more beds, listed at $340,000 to $460,000.

New listings in Azle

See all new listings

The newest active homes first.

Listing courtesy of Keller Williams Realty DPR. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated