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7971 Peden Road
AZLE, TX 76020 · Lscs Peden Add
$425,000
ActiveMLS# 21324127
6Beds
4Baths
1978Year Built
01Story
1.36Acres
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 man…
Property Details
| County | Tarrant |
| Lot | 1.363 ac (59,372.28 sqft) |
| Annual Tax | $4,193 |
| Days on Market | 10 |
Schools
| District | Azle ISD |
| Elementary | Liberty |
| Middle | Forte |
| High School | Azle |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $2,234 |
| Est. Tax | $349 |
| Est. Total | $2,583/mo |
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(469) 854-1352
realtorkonda.com
● Active
$425,000
7971 Peden Road
AZLE, TX 76020 · Lscs Peden Add
6bd
4ba
Built 1978
1.36acres
1story
10 days on marketMLS# 21324127
About This Property
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.
Property Details
Property Type
ResidentialIncome
Status
Active
Bedrooms
6
Full Baths
4
Lot Size
59,372.28 sqft
Lot (acres)
1.363
Stories
1
Year Built
1978
Community
Lscs Peden AddTax & Appraisal
Interior Features
EatInKitchenHighSpeedInternetCableTvVaultedCeilingsWalkInClosets
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Financial
Annual Tax
$4,193
Listing Information
Mortgage Calculator
Total Principal
$340,000
Total Interest
$464,081
Total Loan Payment
$804,081
Payoff Date
July 2056
$
$
%
%
Est. Payment
$2,760
/month
Principal & Interest$2,234
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$2,760/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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View Online
https://realtorkonda.com/property/azle-tx/lscs-peden-add/7971-peden-road-76020
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Daniel Harker · Keller Williams Realty DPR · 972-732-6000
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 23, 2026.
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Listing Agent
Daniel Harker
Keller Williams Realty DPR
