900 Reese Ln

$1,400,000
Price
12
Beds
7,816 Sq. Ft.
$179 / Sq. Ft.
7,816
Sq. Ft.
$179
per Sq. Ft.

Description

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.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.
  1. Listed by Brett Ashcraft • TREC #0563836 • The Michael Group Real Estate • 817-925-0204

Property Details for 900 Reese Lane

Subdivision Name
SURV: JACOB WILCOX
Pool
No
Garage Spaces
0
Number Of Parking Spaces
12
LISTING UPDATED: 07/17/2025 10:10 AM

Property Details for 900 Reese Lane

StatusActive
MLS #20974896
Days on Market197
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built2005
Lot Size2.11 AC / 91,868 SF
CountyParker County

Location

Listing Courtesy of The Michael Group Real Estate, Brett Ashcraft
Add your commute

Building Information for 900 Reese Lane

Stories1Residences6Year Built2005Building Size-Lot Size2.11 AC / 91,868 SF

Payment Calculator

$7,395 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$477

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 900 Reese Lane

Summary
Location and General Information
  • Complex Name: NONE
  • Directions: From 199, take Confederate Pkwy West about 5.5 miles to Reese Ln. Turn North on Reese Ln, curve West to property before road turns North again.
  • Elementary School: Silver Creek
  • Elementary School Name: Silver Creek
  • 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: 32.84
  • Longitude: -97.58
  • State: Texas
Parking
  • Parking Features: Concrete, Private, Shared Driveway, Unassigned
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: ACRES: 2.109 TR: BLK: SURV: JACOB WILCOX
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Central, Electric
  • Interior Features: High Speed Internet Available, Open Floorplan
  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Siding
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Number Of Units Total: 6
  • Levels: One
Property
Utilities
  • Utilities: Aerobic Septic, Electricity Available, Septic, Underground Utilities, Well
Property and Assessments
  • Exclusions: MINERAL RIGHTS WILL BE RETAINED BY SELLER
  • Financing Proposed: Cash, Conventional, VA Loan
  • Concessions YN: Yes
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Features: Acreage
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 2.109
  • Lot Size Area: 2.109
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 91868.04
  • Multi Parcel ID: No
  • Parcel Number: R000060195
Multi Family
Multi-Family Information
  • Number Of Buildings: 6
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $78,900
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 872.0
  • Average Lease Amount: $1,000.00
  • Kitchen Length: 11.0
  • Kitchen Width: 10.0
  • Living Area Length: 19.0
  • Living Area Width: 14.0
  • Master Bed Length: 11.0
  • Master Bed Width: 10.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 6

Property History for 900 Reese Lane

DateEvent & SourcePriceAppreciation
Jun 20, 2025

Listed (Active)

NTREIS #20974896

$1,400,000—
Oct 6, 2004

Sold

NTREIS #10126895

—
Sep 8, 2004

Pending

NTREIS #10126895

—
May 20, 2004

Listed (Active)

NTREIS #10126895

$52,500—
DateEvent & SourcePrice
06/20/2025

Listed (Active)

NTREIS #20974896

$1,400,000
10/06/2004

Sold

NTREIS #10126895

—
09/08/2004

Pending

NTREIS #10126895

—
05/20/2004

Listed (Active)

NTREIS #10126895

$52,500

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

Public Records for 900 Reese Lane

Taxable ValueLand$125,390Additions$824,610Total$950,000
Tax Record2024$5,726 ($477 / month)
Home Facts
Beds0Total Finished SqFt2,616 SqFtAbove Grade Finished SqFt2,616 SqFtStories1Lot Size91,868 SqFtStyleSingle Family ResidenceYear Built2005CountyPARKERAPN21662-018-001-00

Schools near 900 Reese Lane

This home is within Azle Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Silver Creek Elementary School
PublicK to 4

Azle Elementary School
Public5 to 6

Azle J H South
Public7 to 8

Azle High School
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.

Similar Homes

Similar Sold Homes

900 Reese Lane is a multi-family home for sale in Azle, TX 76020. This property was listed for sale on June 20, 2025 by The Michael Group Real Estate, it's currently listed at $1,400,000. It has been on the market for a total of 197 days and was last sold on October 6, 2004. This listing's school district is Azle Independent School District. Nearby schools include Silver Creek Elementary School, Azle Elementary School and Azle J H South. 900 Reese Lane is a 12-bed, 6-bath, 7,816 sqft multi-family home built in 2005.

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 The Michael Group Real Estate, Brett Ashcraft

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: 07/17/2025 10:10 AM