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$400,000

7971 Peden Road, Azle, TX 76020

3 bd 2 ba 1,917 sq ft Manufactured · Built 1978

Price / sq ft$209
Lot0.69 acres
Built1978
Stories1
SchoolsAzle ISD
ElementaryLiberty
SubdivisionLscs Peden Add
MLS #21323891

About this home

Discover a unique opportunity to own a beautifully remodeled home with a built-in income stream. The primary residence was completely renovated in 2022 and features stylish luxury vinyl plank flooring, quartz countertops, updated finishes, and modern fixtures throughout, blending contemporary design with country living. What truly sets this property apart is the second residence—a 2022-built manufactured home offering 3 bedrooms, 2 bathrooms, and 1,216 square feet. The second home has its own address, private entrance and sits on its own approximately 0.69-acre tax account while being conveyed with the property. It is perfected to the deed and is currently leased for $1,600 per month through May 2027, providing immediate rental income to help offset your mortgage or build long-term wealth. Situated on approximately 1.4 acres, this property offers the rare combination of privacy, flexibility, and income potential. Whether you're planning ahead for multigenerational living, looking for supplemental rental income, or wanting a future homestead with an established revenue stream, this property delivers. Please note: Both residences are tenant-occupied. The primary residence is leased for $1999 per month both leases extend through May 2027. The purchaser will assume the existing leases at closing.

Features

  • Inside: EatInKitchen,HighSpeedInternet,CableTv,VaultedCeilings,WalkInClosets
  • Appliances: SomeGasAppliances,Dishwasher,GasCooktop,Disposal,GasOven,PlumbedForGas,Refrigerator
  • Parking: Driveway,Gravel
  • Laundry: ElectricDryerHookup,InKitchen

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.