$1,400,000

900 Reese Ln Azle, TX 76020

Estimated payment $8,799/month

Total Views 2,875
12 Beds
6 Baths
7,816 Sq Ft
$179 Price per Sq Ft

Highlights

  • Open Floorplan
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Silver Creek Elementary School Rated 9+
  • 1-Story Property
  • High Speed Internet

About This Home

UNIQUE INCOME PRODUCING PROPERTY on 2+ acres in west Azle. 6 identical 2 bedroom, 1 bath houses, built in 2005 on slab foundations, all occupied with long term tenants. Mobile home has no value but could be removed and will make a wonderful build site with existing septic. Property has active well and 2 septic systems. DO NOT DISTURB TENANTS IN ANY WAY! SHOWING BY APPOINTMENT ONLY AFTER ACCEPTABLE OFFER HAS BEEN SIGNED.

Listing Agent

Brett Ashcraft

The Michael Group Real Estate Brokerage Phone: 817-925-0204 License #0563836 Listed on: 06/20/2025

The Michael Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,081

Year Built

  • Built in 2005

Lot Details

  • 2.11 Acre Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • Private Parking
  • Shared Driveway
  • Unassigned Parking

Schools

  • Silver Creek Elementary School
  • Azle High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Aerobic Septic System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R000060195

Community Details

Overview

  • 6 Buildings
  • 6 Units
  • 7,816 Sq Ft Building
  • Surv: Jacob Wilcox Subdivision

Building Details

  • Gross Income $78,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,081

Year Built

Built in 2005

Lot Details

0

Listing Details

  • OWNERNAME: MO Properties
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 817-925-0204
  • Co List Office Mls Id: MIGR02HU
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Interior Amenities: High Speed Internet, Open Floorplan
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Electric Range, Refrigerator
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 6
  • Total Bedrooms: 12

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Concrete, Private, Shared Driveway, Unassigned
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Heating: Central, Electric
  • Utilities: Electricity Available, Septic Available, Underground Utilities, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Silver Creek
  • High School: Azle
  • Junior High Dist: Azle ISD

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 2.109
  • Parcel Number: R000060195
  • Lot Size Acres: 2.109
  • Lot Size Sq Ft: 91868.04

Building Info

  • Year Built: 2005
  • Units Total: 6
  • SeniorCommunityYN: No

Tax Info

  • Tax Annual Amount: 16081.0

Multi Family

  • Annual Gross Income: 78900.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,651 $950,000 $125,390 $824,610
2023 $5,651 $981,370 $125,390 $855,980
2022 $11,557 $624,550 $76,440 $548,110
2021 $12,109 $624,550 $76,440 $548,110
2020 $9,153 $474,640 $63,160 $411,480
2019 $9,701 $474,640 $63,160 $411,480
2018 $7,686 $374,890 $40,070 $334,820
2017 $7,324 $374,890 $40,070 $334,820
2016 $7,104 $363,610 $40,070 $323,540
2015 $2,622 $363,610 $40,070 $323,540
2014 $7,124 $365,750 $40,070 $325,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $1,400,000 -- $179 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20974896

North Texas Real Estate Information Systems (NTREIS)

APN: R000060195