Price Reduction
Address
7718 Fm 1886, Azle, TX
Price
$ 2,986,000
Property Attributes
- MLS#21172237
- TypeMulti-Family
- Listing Status Active
- CountyTARRANT
- CityAzle
- Zip76020
- StyleMultiple Single Units
- Year Built2022
- Price$ 2,986,000
- Bedrooms12
- Full Bathrooms12
- Half Bathrooms0
- Lot Size10 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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. 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
| Elementary School |
|---|
| Azle Elementary School |
| Price History | |
|---|---|
| 2/5/2026 | Listed $3,250,000 |
| 6/2/2026 | 2$3,200,000 |
| 8/3/2026 | 4$3,100,000 |
| 9/22/2026 | 4$2,986,000 |
General Features
| Heating | Electric |
|---|---|
| Complex Name | Cabins at Rocky Top |
| Cooling | Central Air |
| Utilities | Electricity Connected,Gravel/Rock,Septic,Well |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator |
| School District | Azle ISD |
| Capitalization Rate | 7.60 |
| Year Built | 2022 |
| Tenancy | Over 9 Months,Pets Allowed |
| Levels | One |
| Will Subdivide | No |
| Gross Annual Expenses | 88078.00 |
| Property Subtype | Multiple Single Units |
| Subdivision Name | none |
| Insurance Expense | 21841 |
| County | Tarrant |
| Operating Expense Includes | Insurance,Maintenance,Maintenance Grounds,Maintenance Structure,Other |
| Property Type | Residential Income |
| Construction Materials | Frame |
| Year Built Details | Preowned |
| Accessory Unit Y/N | No |
| HOA Type | None |
| # of Buildings | 13 |
| Status | Active |
| Directions | Take 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 at Mgmt office which is the first building on the right as you drive into the c |
| City | Azle |
| Elementary School Name | Azle |
| High School | Azle |
| Elementary School | Azle |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21172237 |
| Standard Status | Active |
| Junior High School | Azle |
| Listing Terms | Contact Agent |
Interior Features
| Interior Features | Cable TV Available |
|---|---|
| Flooring | Carpet,Laminate,Simulated Wood,Tile |
| Occupancy Rate | 100 |
| Total Units | 12 |
| Unit Count | 2 |
| Lock Box Type | None |
Exterior Features
| Exterior Features | Covered Patio/Porch |
|---|---|
| Lot Features | Acreage,Few Trees |
| Lot Size Source | Other |
| Parking Features | Aggregate |
| Foundation | Slab |
| Lot Size Area | 10.0000 |
| Number Of Parking Spaces | 20 |
| Lot Size Units | Acres |
| Building Area Total | 18000.00 |
| Lot Size Square Feet | 435600.0000 |
| Lot Size Acres | 10.0000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 76020
Price
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor eXp Realty in North Texas shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
Austin Board of REALTORS® Copyright ©2026 All rights reserved.
The Greater McAllen Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Information provided courtesy of LERA MLS. 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 believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 28, 2026 12:34 PM UTC
Odessa Board of Realtors® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
The accuracy of all information, regardless of source, including but not limited to open house information, square footage(s) and lot size(s), is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Beaumont Board of Realtors #reg; and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
Copyright 2026 Beaumont Board of Realtors © All rights reserved.
Data last updated: September 28, 2026 12:50 PM UTC
