Price Reduction
Address
7971 Peden Road, Azle, TX
Price
$ 400,000
Property Attributes
- MLS#21323891
- TypeSingle Family
- Listing Status Active
- CountyTARRANT
- CityAzle
- NeighborhoodLscs Peden Add
- Zip76020
- StyleTraditional
- Year Built1978
- Taxes$ 4193
- Price$ 400,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1917
- Lot Size0.688 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Liberty Elementary School |
| Price History | |
|---|---|
| 7/15/2026 | Listed $425,000 |
| 8/21/2026 | 6$400,000 |
General Features
| Utilities | All Weather Road,Co-op Electric,Outside City Limits,Septic |
|---|---|
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Gas Cooktop,Gas Oven,Plumbed For Gas in Kitchen,Refrigerator |
| School District | Azle ISD |
| Year Built | 1978 |
| Architectural Style | Traditional |
| Levels | One |
| Unexempt Taxes | 4193 |
| Will Subdivide | Yes |
| Property Subtype | Single Family Residence |
| Subdivision Name | Lscs Peden Add |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Tarrant |
| Property Type | Residential |
| Construction Materials | Stucco |
| Year Built Details | Preowned |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | From TX-199 W,take the exit for FM 730/Boyd and merge onto the frontage road. Turn right onto Boyd Rd,then right onto Peden Rd. The destination will be on the right. Welcome! |
| City | Azle |
| Elementary School Name | Liberty |
| High School | Azle |
| Elementary School | Liberty |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21323891 |
| Standard Status | Active |
| Junior High School | Forte |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Cable TV Available,Eat-in Kitchen,High Speed Internet Available,Vaulted Ceiling(s),Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Luxury Vinyl Plank |
| Fireplace Features | Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 6 |
| Lock Box Type | Supra |
| Total Bedrooms | 3 |
| Total Baths | 2 |
| Laundry Features | Electric Dryer Hookup,In Kitchen,Full Size W/D Area |
Exterior Features
| Fencing | Back Yard,Fenced,Pipe |
|---|---|
| Soil Type | Unknown |
| Parking Features | Driveway,Gravel |
| Lot Size | .5 to < 1 Acre |
| Foundation | Slab |
| Lot Size Area | 0.6880 |
| Lot Size Units | Acres |
| Structural Style | Mobile Doublewide w/Land,Single Detached |
| Lot Size Square Feet | 29969.2800 |
| Lot Size Acres | 0.6880 |
| Patio And Porch Features | Covered,Patio |
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 Single Family Average in 76020
Price
Taxes
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 M&D Real Estate - Forney 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
