7718 Fm 1886

Azle, TX 76020

$3,250,000
Price
3
Beds
18,000 Sq. Ft.
$181 / Sq. Ft.
18,000
Sq. Ft.
$181
per Sq. Ft.
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Description

A premier multi-family residential investment opportunity in Azle, Texas. Spanning 10 acres, this home community offers a turnkey cash-flowing asset with a blend of rustic charm and modern convenience. With 100% occupancy, long-term tenants, and minimum 1-year lease terms, investors benefit from immediate revenue and a stable income stream. Designed for quality living, the community features 12 well-crafted homes. A mix of one-story and loft-style residences, providing tenants with spacious, comfortable...A premier multi-family residential investment opportunity in Azle, Texas. Spanning 10 acres, this home community offers a turnkey cash-flowing asset with a blend of rustic charm and modern convenience. With 100% occupancy, long-term tenants, and minimum 1-year lease terms, investors benefit from immediate revenue and a stable income stream. Designed for quality living, the community features 12 well-crafted homes. A mix of one-story and loft-style residences, providing tenants with spacious, comfortable accommodations that blend cabin-style aesthetics with modern amenities. Additionally, two cleared expansion sites offer opportunities for future development, increasing the long-term value of this investment. Immediate Cash Flow. Fully leased with long-term tenants, providing stable rental income from day one. Expansion Potential. Two cleared sites for future residential or amenity development

Desirable Location. Azle offers small-town charm with easy access to major urban centers. The property appeals to tenants seeking modern homes in a peaceful community

Community-Oriented Design. Thoughtful layout fosters tenant satisfaction and retention

One-Story Units: 1,270 sq. ft., 3 br 2 bath, fully-equipped kitchen, laundry, dining

Loft Units: 1,670 sq. ft., 3br,2 ba, two-level living, premium features

Construction: High-quality materials for durability and reduced maintenance cost
  1. Listed by Becky Leebens • TREC #0661426 • exp Realty, LLC • (469) 333-1918

Property Details for 7718 Fm 1886

Subdivision Name
none
Pool
No
Number Of Parking Spaces
20
LISTING UPDATED: 02/05/2026 08:10 PM

Property Details for 7718 Fm 1886

StatusActive
MLS #21172237
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built2022
Lot Size0.07 AC / 3,000 SF
CountyParker County
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Location

Listing Courtesy of exp Realty, LLC, Becky Leebens
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Building Information for 7718 Fm 1886

Stories1Residences12Year Built2022Building Size-Lot Size0.07 AC / 3,000 SF

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Property Information for 7718 Fm 1886

Summary
Location and General Information
  • Complex Name: Cabins at Rocky Top
  • Directions: Take I20 to Farmer Road and go North to FM 1886 go west on 1886 about 1 mile and entrance to Cabins at Rocky Top. Meet Agent at Mgmt office which is the first building on the right as you drive into the complex.
  • Elementary School: Azle
  • Elementary School Name: Azle
  • High School: Azle
  • High School Name: Azle
  • Junior High School: Azle
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Azle ISD
  • Geocode Confidence: High
  • Latitude: 32.83
  • Longitude: -97.60
  • State: Texas
Parking
  • Parking Features: Aggregate
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Carpet, Laminate, Simulated Wood, Tile
  • Heating: Electric
  • Interior Features: Cable TV Available
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Owner
  • Construction Materials: Frame
  • Exterior Features: Covered Patio/Porch
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 12
  • Levels: One
Property
Utilities
  • Utilities: Electricity Connected, Gravel/Rock, Septic, Well
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Contact Agent
  • Handicap: No
  • Loan Type: Treat As Clear
Lot Information
  • Lot Features: Acreage, Few Trees
  • Lot Size Acres: 0.0689
  • Lot Size Area: 3000.0
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 3000.0
  • Multi Parcel ID: No
  • Parcel Number: 61000110897
  • Parcel Number 2: R000110897
Multi Family
Multi-Family Information
  • Number Of Buildings: 13
  • Capitalization Rate: 6.98%
  • Gross Annual Expenses: $88,078
  • Gross Annual Income: $314,940
  • Insurance Expense: $21,841
  • Tenancy: Over 9 Months, Pets Allowed
  • Total Annual Expenses Include: Insurance, Maintenance, Maintenance Grounds, Maintenance Structure, Other
  • Net Operation Income: $226,861.00
Unit 1
  • Approximate SQFT: 1270.0
  • Average Lease Amount: $2,050.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 6
Unit 2
  • Approximate SQFT: 1670.0
  • Average Lease Amount: $2,250.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 2
  • Unit Type Type: Loft
  • Unit Type Units Total: 6

Property History for 7718 Fm 1886

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

NTREIS #21172237

$3,250,000—
DateEvent & SourcePrice
02/02/2026

Listed (Active)

NTREIS #21172237

$3,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7718 Fm 1886

This home is within Azle Independent School District.
Rating
School
Type
Grades
Distance
Silver Creek Elementary School
Public - PK to 4
Azle High School
Public - 9 to 12
Azle Elementary School
Public - 5 to 6
Azle Hornet Academy
Public - 9 to 12
Rating
School
Distance
Silver Creek Elementary School
PublicPK to 4

Azle High School
Public9 to 12

Azle Elementary School
Public5 to 6

Azle Hornet Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7718 Fm 1886, Azle, TX 76020

7718 Fm 1886 is a multi-family home for sale in Azle, TX 76020. This property was listed for sale on February 2, 2026 by exp Realty, LLC, it's currently listed at $3,250,000. This listing's school district is Azle Independent School District. Nearby schools include Silver Creek Elementary School, Azle High School and Azle Elementary School. 7718 Fm 1886 is a 3-bed, 2-bath, 18,000 sqft multi-family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of exp Realty, LLC, Becky Leebens

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/05/2026 08:10 PM