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Briar 76020
7971 Peden Road
$400,000
↓ $25K (5.9%)
● House - For Sale

7971 Peden Road

Azle, TX 76020
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,917 Ft²
$1,965
Est. Monthly

About This Property

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.
Unit Size
1,917 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

Listed By

Daniel Harker
Keller Williams Realty DPR
Rocky Presley
MARK SPAIN REAL ESTATE

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Last updated: 3 months ago (NTREIS #21323891)

Price History

Date / Event Date Event Price
Aug 21, 2026 Price Decreased $400,000
↓ $25K (5.9%)
Price Decreased
Jul 8, 2026 Listed by Keller Williams Realty DPR $425,000
Listed by Keller Williams Realty DPR
Jun 26, 2024 Withdrawn -
Withdrawn
Jun 6, 2024 Price Decreased $299,900
↓ $10K (3.3%)
Price Decreased
May 13, 2024 Listed by JPAR Fort Worth $310,000
Listed by JPAR Fort Worth
A Spanish style home with 3 bedrooms 2 bathrooms. The large game room offers flexibility to use as a fourth bedroom, a second living room, a family room, or a home office. This space could be versatile and can be adapted to suit the needs of the homeowners. Key features found in this home are stucco exterior with archways in the exterior and interior along with wrought iron details outside. Overall, a Spanish Style home with with these features could offer a blend of traditional charm and modern convenience, providing a comfortable and stylish living space for its residents on almost an acre of land. The property has been virtually staged. The mobile home in the back will also be removed with sell of the home. There's also separate meters in the back part of the property. This is ideal if wanting to add an ADU in the future ex: mother in law suite, guest house, rental property, etc.
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Property Highlights

Parking Available
Fireplace
Parking Details
Parking Features: Driveway, Gravel
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s), Cable TV Available
Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Refrigerator, Plumbed For Gas in Kitchen
Flooring Type: Carpet, Luxury Vinyl Plank
Laundry Features: Electric Dryer Hookup, In Kitchen, Full Size W/D Area
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1917
Architectural Style: Traditional
Year Built: 1978
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered, Patio
Lot Size Area: 0.688
Lot Size Units: Acres
Lot Size Acres: 0.688
Lot Size Square Feet: 29969.28
Tax Lot: 1

Building Info

Overview

    General

  • Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,965
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LSCS PEDEN ADDITION
  • Land Acres: 0000000688
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: LSCS PEDEN ADDITION BLOCK LOT 1

Neighborhood

  • School District Name: Azle Independent School District
  • Census Tract: 114203

Geography

  • Account Number: 42822457
  • Parcel: 42822457
  • Lot: 1
  • Municipality: TARRANT COUNTY
  • Latitude: 32.9521
  • Longitude: -97.5375

    Address

  • Full Address: 7971 Peden Rd
  • Address - House Number: 7971
  • Address - Street Name: Peden
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Azle
  • Carrier Code: R002
  • 4-Digit Zip Code: 5427
  • Zip Code: 76020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $418,689
  • Tax Rate Code Area: 915

    Appraisal Valuation

  • Standard Deviation: 0.1606
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 259,538
  • High Value: 301,224
  • Low Value: 217,852

    Market Valuation

  • Market Total Value: $257,464
  • Market Land Value: $77,818
  • Market Improvement Value: $179,646

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,464
  • Assessed Land Value: $77,818
  • Assessed Improvements Value: $179,646
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Briar


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Frequently Asked Questions

When was property at 7971 Peden built and last sold?
The property at 7971 Peden was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7971 Peden is $405,863.
What are some comparable homes to 7971 Peden?
There are currently no comparable homes to 7971 Peden.