Address
124 Stewart Bend Court, Azle, TX
Price
$ 1,500,000
Property Attributes
  • MLS#20586976
  • TypeMulti-Family
  • CountyPARKER
  • CityAzle
  • NeighborhoodStewart Bend Add
  • Zip76020
  • StyleDuplex
  • Price$ 1,500,000
  • Bedrooms20
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage9940
  • Lot Size0.664 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Great opportunity for investors to build portfolio with fully rented duplexes all on the same street in a row. Built between 2005-2007, this listing includes 4 full duplex buildings with total of 8 units. Buildings 120,124,128 and 132. Pic#3-12 are fully upgraded units to fetch higher rent, and other pictures reflect the make readies completed to fetch average rent. The future buyer can add value by upgrading other units and increase the rent. 4 units with 3 bed 2 bath and 1 car garage and 4 units with 2 bed 2 bath with 1 car garage. All appliances included. Great location surrounded by DR Horton and Antares subdivisions, minutes to Eagle Mountain Lake, shopping & dining. New roof replaced in 2021. The seller is willing to sell individual duplex as well. Refer MLS#20587048, 20587653

Elementary School
Silver Creek Elementary School
Price History
4/13/2024 Listed $1,500,000

General Features

Heating Central,Electric
Complex Name Stewart Bend
Cooling Ceiling Fan(s)
Utilities City Sewer,City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Electric Range,Electric Water Heater
Number of Garage Spaces 1
School District Azle ISD
Capitalization Rate 6.29
Exclusions Tenant belongings; Minerals
Year Built 2007
Community Features Sidewalks
Levels One
Will Subdivide No
Gross Annual Expenses 39516.00
Property SubType Duplex
Subdivision Name Stewart Bend Add
Insurance Expense 7400
County Parker
Operating Expense Includes Accounting,Gardener,Insurance,Maintenance,New Tax,Other
Property Type Residential Income
Construction Materials Brick,Concrete,Frame
Year Built Details Preowned
HOA Type None
Special Notes Survey Available
# of Buildings 4
Status Active
Directions Follow GPS direction
City Azle
Buyer Agent Compensation 2
Elementary School Name Silver Creek
High School Azle
Street Name Stewart Bend
Elementary School Silver Creek
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20586976
Standard Status Active
Junior High School Azle
Buyer Agent Compensation Type %

Interior Features

Interior Features Other
Flooring Laminate,Luxury Vinyl Plank,Tile
Occupancy Rate 100
Total Units 8
Unit Count 2
Full Baths 16
Lock Box Type None
Street Suffix Court
Total Bedrooms 20

Exterior Features

Exterior Features Other
Lot Features Other
Fencing Fenced
Parking Features Garage Single Door,Additional Parking,Garage,Garage Door Opener
Foundation Slab
Lot Size Area 0.6640
Number Of Parking Spaces 20
Lot Size Units Acres
Building Area Total 9940.00
Garage Y/N Yes
Lot Size Square Feet 28923.8400
Lot Size Acres 0.6640
Attached Garage Y/N Yes

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
AVG $850K
$1.5M
Visits
AVG 67
42
Data Provided by Inside Real Estate®
Year Built
AVG 2001
2007

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