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For sale
  • Price cut: $50K (1/26)
    $1,350,000

    900 Reese Ln, Azle, TX 76020

    12beds
    7,816sqft
    : 
    Multi Family
    Built in 2005
    -- sqft lot
    $-- Zestimate®
    $173/sqft
    $-- HOA

    What's special

    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.
    295 days
    |
    273
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 06:38am

    Listed by:

    Brett Ashcraft 0563836 817-925-0204,

    The Michael Group Real Estate 817-577-9000

    Source: NTREIS,MLS#: 20974896

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 1
      • Full bathrooms: 6
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Refrigerator
      Features
      • High Speed Internet, Open Floorplan
      • Flooring: Carpet, Ceramic Tile, Laminate
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 7,816
      • Total interior livable area: 7,816 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 12
      • Parking features: Concrete, Private, Shared Driveway, Unassigned
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      Lot
      • Size: 2.11 Acres
      • Features: Acreage
      Details
      • Parcel number: R000060195

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2005

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Septic Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Subdivision: SURV: JACOB WILCOX
      HOA
      • Has HOA: No
      Location
      • Region: Azle

      Financial & listing details

      • Price per square foot: $173/sqft
      • Tax assessed value: $959,930
      • Annual tax amount: $16,081
      • Date on market: 6/20/2025
      • Cumulative days on market: 296 days
      • Listing terms: Cash,Conventional,VA Loan
      • Exclusions: MINERAL RIGHTS WILL BE RETAINED BY SELLER
      • Electric utility on property: Yes
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,461/mo

        Price history

        Price history
        DateEventPrice
        1/26/2026Price change$1,350,000-3.6%$173/sqft
        Source: NTREIS #20974896 Report a problem
        6/20/2025Listed for sale$1,400,000$179/sqft
        Source: NTREIS #20974896 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,522 -2.3%$959,930 +1%
        2024$5,651 -1.3%$950,000 -3.2%
        2023$5,726 +43.3%$981,370 +57.1%
        2022$3,996 -2.5%$624,550
        2021$4,101 +25%$624,550 +31.6%
        2020$3,282 +1.5%$474,640
        2019$3,232 +20.6%$474,640 +26.6%
        2018$2,680 -65.1%$374,890
        2017$7,686 +8.2%$374,890 +3.1%
        2016$7,104 -0.3%$363,610
        2015$7,124 $363,610 -0.6%
        2014$7,124 $365,750 +879.3%
        2003-- $37,350 +10%
        2002-- $33,950 +10%
        2001-- $30,860 +10%
        2000-- $28,056
        1999-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $8,317/mo
        Principal & interest
        $6674
        Property taxes
        $1643
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          Climate risks

          Neighborhood: 76020

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Silver Creek
          • High: Azle
          • District: Azle ISD

          Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 76020