# 7971 Peden Road, Azle, TX 76020 > **TL;DR:** 6bd/4ba residential multi family, $400,000, built 1978. > Fireplace, A/C. Est. $2,140/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $400,000 | | Bedrooms | 6 | | Bathrooms | 4 full | | Year Built | 1978 | | Lot Size | 59,372 sqft (1.36 acres) | | Stories | 1 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,023 | | Estimated Insurance | $117 | | **Total** | **$2,140** | ## Nearby Schools - **Elementary:** Liberty - **Middle:** Forte - **High:** Azle ## Key Amenities - Fireplace - A/C ## Property Highlights - Built in 1978 - 1.36 acre lot - 8 parking spaces - Fireplace ## Description ### Agent Description 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. ## Location - **Address:** 7971 Peden Road, Azle, TX 76020 - **County:** Tarrant - **Neighborhood:** Lscs Peden Add - **Coordinates:** 32.952121, -97.53754 - **Google Maps:** https://www.google.com/maps?q=32.952121,-97.53754 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21324127 ## Listing Agent - **Name:** Daniel Harker - **Brokerage:** Guildford LTD dba Keller Williams Realty - **Broker Phone:** (972) 732-6000 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7971-Peden-Rd_Azle_TX_76020_M99199-45242?f=listhub&s=NTREIS&m=21324127&c=propsimple) ## Photos ![7971 Peden Road - Photo 1](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f112302038r.jpg) ![7971 Peden Road - Photo 2](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2410051532r.jpg) ![7971 Peden Road - Photo 3](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1304408102r.jpg) ![7971 Peden Road - Photo 4](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1201688935r.jpg) ![7971 Peden Road - Photo 5](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f468016630r.jpg) ![7971 Peden Road - Photo 6](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1941863453r.jpg) ![7971 Peden Road - Photo 7](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1860721061r.jpg) ![7971 Peden Road - Photo 8](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f4035439210r.jpg) ![7971 Peden Road - Photo 9](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f3455329995r.jpg) ![7971 Peden Road - Photo 10](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2558858902r.jpg) ![7971 Peden Road - Photo 11](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f651348974r.jpg) ![7971 Peden Road - Photo 12](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2161801644r.jpg) ![7971 Peden Road - Photo 13](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2823727987r.jpg) ![7971 Peden Road - Photo 14](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1093653402r.jpg) ![7971 Peden Road - Photo 15](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f386892236r.jpg) ![7971 Peden Road - Photo 16](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2199394779r.jpg) ![7971 Peden Road - Photo 17](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1928706206r.jpg) ![7971 Peden Road - Photo 18](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f209275017r.jpg) ![7971 Peden Road - Photo 19](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f847512050r.jpg) ![7971 Peden Road - Photo 20](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f92310502r.jpg) ![7971 Peden Road - Photo 21](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2941789519r.jpg) ![7971 Peden Road - Photo 22](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1358141251r.jpg) ![7971 Peden Road - Photo 23](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1760517472r.jpg) ![7971 Peden Road - Photo 24](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f1985658006r.jpg) ![7971 Peden Road - Photo 25](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f527851296r.jpg) ![7971 Peden Road - Photo 26](http://lh.rdcpix.com/0736581d2d60764102bc396f7ad11746l-f2809929682r.jpg) --- **MLS#:** 21324127 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/7971-peden-road-azle-tx-76020-c92946775ecb4d0ea2ca9e5d4e7f28c5) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7971-peden-road-azle-tx-76020-c92946775ecb4d0ea2ca9e5d4e7f28c5#listing", "url": "https://www.propertysimple.ai/listing/7971-peden-road-azle-tx-76020-c92946775ecb4d0ea2ca9e5d4e7f28c5", "name": "7971 Peden Road, Azle, TX 76020", "description": "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. 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