Azle, TX 76020 7718 Fm 1886
$3,250,000



11 more











Presented By: exp Realty, LLC
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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.
With 100% occupancy, long-term tenants, 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 tenants 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 tenants, 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 tenants seeking modern homes in a peaceful community
Community-Oriented Design. Thoughtful layout fosters tenant 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
Presented By: exp Realty, LLC
Interior Features for 7718 Fm 1886
Bedrooms
Total Bedrooms3
Bathrooms
Total Baths
Other Interior Features
FlooringCarpet, Laminate, Simulated Wood, Tile
Interior FeaturesCable TV Available
Lock Box TypeNone
Occupancy Rate100
Total Units12
Unit Count2
General for 7718 Fm 1886
# of Buildings13
Accessory Unit Y/NNo
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
Capitalization Rate6.98
CityAzle
Complex NameCabins at Rocky Top
Construction MaterialsFrame
CoolingCentral Air
CountyTarrant
DirectionsTake I20 to Farmer Road and go North to FM 1886 go west on 1886 about 1 mile and entrance to Cabins at Rocky Top. Meet Agent at Mgmt office which is the first building on the right as you drive into
Elementary SchoolAzle
Elementary School NameAzle
Gross Annual Expenses88078.00
HOA TypeNone
HeatingElectric
High SchoolAzle
Insurance Expense21841
Junior High SchoolAzle
LevelsOne
Listing TermsContact Agent
Operating Expense IncludesInsurance, Maintenance, Maintenance Grounds, Maintenance Structure, Other
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofMetal
School DistrictAzle ISD
Standard StatusActive
StatusActive
Subdivision Namenone
TenancyOver 9 Months, Pets Allowed
UtilitiesElectricity Connected, Gravel/Rock, Septic, Well
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2022
Year Built DetailsPreowned
Exterior for 7718 Fm 1886
Building Area Total18000.00
Exterior FeaturesCovered Patio/Porch
Foundation Slab
Lot FeaturesAcreage, Few Trees
Lot Size Acres10.0000
Lot Size Area10.0000
Lot Size SourceOther
Lot Size Square Feet435600.0000
Lot Size UnitsAcres
Number Of Parking Spaces20
Parking FeaturesAggregate
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Azle Elementary School
Middle School
N/A
High School
N/A
Suzanne Smith
Broker/Owner
