7718 Fm 1886, Azle, TX 76020

$3,200,000

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List Price
$3,200,000
Price Change
▼ $50,000 1780445903
MLS#
21172237
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2022
Construction Status
Preowned
Acres
10
County
Tarrant
City
Azle
Subdivision
none
Building Name
Cabins At Rocky Top

Property Description

A premier multi-family residential investment opportunity in Azle, Texas. Spanning 10 acres, this home community offers a turnkey cash-flowing asset with a blend of rustic charm and modern convenience. Fully occupied, and minimum 1-year lease terms, investors benefit from immediate revenue and a stable income stream. Designed for quality living, the community features 12 well-crafted homes. A mix of one-story and loft-style residences, providing occupants with spacious, comfortable accommodations that blend cabin-style aesthetics with modern amenities. Additionally, two cleared expansion sites offer opportunities for future development, increasing the long-term value of this investment. Immediate Cash Flow. Fully leased with long-term occupants, providing stable rental income from day one. Expansion Potential. Two cleared sites for future residential or amenity development Desirable Location. Azle offers small-town charm with easy access to major urban centers. The property appeals to those seeking modern homes in a peaceful community Community-Oriented Design. Thoughtful layout fosters lifestyle satisfaction and retention One-Story Units: 1,270 sq. ft., 3 br 2 bath, fully-equipped kitchen, laundry, dining Loft Units: 1,670 sq. ft., 3br,2 ba, two-level living, premium features Construction: High-quality materials for durability and reduced maintenance cost

Additional Information

Lot Size
435,600
Lot Description
Few Trees
Interior Features
Cable TV
Flooring
Carpet, Laminate, Simulated Wood, Tile
Foundation
Slab
Roof
Metal
Stories
1
Pool Features
None
Parking Garage
Aggregate
School District
Azle Isd
Elementary School
Azle
Middle School
Azle
High School
Azle
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Becky Leebens from exp Realty, LLC. Contact: (469) 333-1918