Azle, TX 76020 13485 Liberty School Road # 2

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Presented By: Chenea Taylor with Real Broker, LLC; 682-554-5561
  • MLS# 20833452
  • 02/02/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • Garage • 6

Home Details

Turnkey Investment Opportunity Minutes from Eagle Mountain Lake Just minutes from the recreational haven of Eagle Mountain Lake, this income-producing property offers the perfect blend of lifestyle appeal and solid investment fundamentals. With a strong rental history and typical vacancy of less than a month, this asset delivers reliable, long-term cash flow. Current tenants have remained in place for 3–5 years, underscoring the property's stability and desirability. Investors will appreciate the major updates already completed: two new HVAC systems, updated lateral septic lines, fresh exterior paint, and a recently installed chain-link fence—all reducing future capital expenditures. The property includes a detached shop currently listed as a studio with space for 6+ vehicles—ideal for conversion into additional rental units or storage space to boost income. The upstairs apartment offers a second income stream, perfect for long-term or short-term rental strategies. Set on a spacious lot with mature fruit trees and ample outdoor space, there's room to expand or further develop. Whether you're looking to grow your portfolio or capitalize on a value-add opportunity near one of North Texas’s most popular lake destinations, this property checks all the boxes.
Presented By: Chenea Taylor with Real Broker, LLC; 682-554-5561

Interior Features for 13485 Liberty School Road # 2

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Unit Count3
Fireplaces Total0
Lock Box TypeBlue iBox
FlooringCarpet, Ceramic Tile
Interior FeaturesOther
Total Units2

General for 13485 Liberty School Road # 2

# of Buildings2
AppliancesDishwasher, Disposal, Electric Cooktop, Refrigerator
Capitalization Rate11.37
Carport Spaces2
CityAzle
Complex Name1141 3P1C & 3P4
Construction MaterialsBoard & Batten Siding, Wood
CoolingCentral Air, Electric
CountyTarrant
DirectionsSEE GOOGLE MAPS. Liberty School Rd. between Goodman and Portwood across street from Lake.
Elementary SchoolLiberty
Elementary School NameLiberty
Full Baths3
Gross Annual Expenses10462.00
HOA TypeNone
HeatingCentral, Electric
High SchoolAzle
Insurance Expense2000
Junior High SchoolForte
LevelsTwo
Listing TermsCash, Conventional
Number of Garage Spaces6
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofAsphalt
School DistrictAzle ISD
Standard StatusActive
StatusActive
Subdivision NameM E P & P RR CO SURVEY #33
TenancyOver 9 Months, Pets Allowed
Unexempt Taxes7856
Unit Number2
UtilitiesAerobic Septic, City Water, Co-op Electric
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built1940
Year Built DetailsPreowned

Exterior for 13485 Liberty School Road # 2

Building Area Total3655.00
Covered Spaces2
Exterior FeaturesCovered Patio/Porch
FencingChain Link, Full, Gate, Metal, Wood, Wrought Iron
Foundation Slab
Garage Length48
Garage Width30
Garage Y/NYes
Lot Size Acres0.7100
Lot Size Area0.7100
Lot Size SourcePublic Records
Lot Size Square Feet30927.6000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesAdditional Parking, Asphalt, Carport, Concrete
Patio And Porch FeaturesAwning(s), Covered
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Liberty Elementary School
Middle School N/A

Rodney Edwards

Associate Broker
Price $325,000
MLS#20833452
List Date 02/02/2025
Property Type Multi-Family
Phone 903.752.4007
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