Azle, TX 76020 13485 Liberty School Road # 2
$404,990



34 more



































Presented By: Chenea Taylor with Real Broker, LLC; 682-554-5561
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
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, CeramicTile
Heating Y/NYes
Interior AmenitiesOther
Total Fireplaces
General for 13485 Liberty School Road # 2
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricCooktop, Disposal, Refrigerator
Attached Garage No
AttributionContact682-554-5561
Cap Rate9.12
Carport Spaces2.0
Carport Y/NYes
CityAzle
Construction MaterialsBoardAndBattenSiding, WoodSiding
CoolingCentralAir, Electric
CountyTarrant
DirectionsSEE GOOGLE MAPS. Liberty School Rd. between Goodman and Portwood across street from Lake.
Electric On Property Y/NNo
Elementary SchoolLiberty
Elementary School DistrictAzle ISD
Full Baths3
Garage Spaces6.0
Garage Y/NYes
Gross Income47400.0
HOANo
HeatingCentral, Electric
High SchoolAzle
High School DistrictAzle ISD
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionM E P & P RR CO SURVEY #33 ABSTRACT 1141 TRAC
LevelsTwo
Lot Size Square Feet30927.6
Lot Size UnitsAcres
Middle/Junior School DistrictAzle ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-09T04:17:25.443-00:00
Net Operating Income36938.0
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Patio/Porch FeaturesAwnings, Covered
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerAerobicSeptic
Standard StatusActive
StatusActive
Stories2
Subdivision NameM E P & P RR CO SURVEY #33
Tax Annual Amount7856.0
Unit Number2
UtilitiesElectricityAvailable, SepticAvailable, WaterAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1940
Year Built DetailsPreowned
Exterior for 13485 Liberty School Road # 2
Building Area Total3655.0
Covered Spaces2.0
Crops Included Y/NNo
FencingChainLink, Full, Gate, Metal, Wood, WroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.71
Lot Size Area0.71
Lot Size SourcePublicRecords
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAdditionalParking, Asphalt, Concrete, Carport
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Azle High School
Elementary School
Liberty Elementary School
Middle School
N/A

Katie Edwards
Realtor