1060 E Reno Rd, Reno, TX 76020
- $775,000
- 10
- BD
- 11
- BA
- 4,078
- SqFt
- List Price
- $775,000
- Price Change
- ▼ $14,900 1779784906
- MLS#
- 21182190
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Traditional, Detached
- Year Built
- 1983
- Construction Status
- Preowned
- Bedrooms
- 10
- Full Baths
- 8
- Half Baths
- 3
- Acres
- 1.06
- Living Area
- 4,078
- County
- Parker
- City
- Reno
- Subdivision
- R & R Little Estates
- Building Name
- R & R Little Estates
- Number of Stories
- 2
- Architecture Style
- Traditional, Detached
Property Description
Turnkey 4-unit rental portfolio in Reno, TX, consisting of two single-family homes and one duplex across three buildings on approximately 1.06 acres. All four units are currently occupied, providing immediate income from day one. The property has been extensively renovated over the past two years, including major improvements to roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, fixtures, fencing, and other components. There are currently no known deferred-maintenance items, helping reduce near-term capital expense risk for an incoming owner. The unit mix includes a 2-bedroom, 1.5-bath single-family home; a 2-bedroom, 1-bath single-family home; a two-story 3-bedroom, 2-bath duplex unit; and a single-story 3-bedroom, 1.5-bath duplex unit. Each unit features a private fenced backyard, dedicated driveway parking, two covered carport spaces, individual water and electric metering, and an exterior storage building. Tenant turnover has historically been low, and lease expirations are staggered through 2027 and 2028, helping reduce concentrated vacancy risk and provide more predictable cash flow. Located inside the City of Reno and within Springtown ISD, the property offers a quiet residential setting with quick access to Azle, FM 730, Hwy 199, and the broader DFW area. An adjoining commercial-income property may also be available separately and includes approximately one acre, three-phase power, utilities, covered work areas, an approximately 6,600 SF shop being divided into multiple leasable spaces, and a leased mobile home. Aerial video available.
Additional Information
- Lot Size
- 46,230
- Acres
- 1.06
- Lot Description
- Back Yard, Cleared, Irregular Lot, Lawn, Level, Few Trees
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, High Speed Internet, Open Floor Plan
- Flooring
- Carpet, Vinyl
- Foundation
- Slab
- Roof
- Composition, Metal
- Stories
- 2
- Pool Features
- None
- Exterior
- Dog Run, Lighting, Rain Gutters, Storage
- Parking Garage
- Covered, Carport, Driveway, Gravel
- School District
- Springtown Isd
- Elementary School
- Reno
- Middle School
- Springtown
- High School
- Springtown
- Possession
- CloseOfEscrow, Negotiable, Other, SubjectToTenantRights
Mortgage Calculator
Listing courtesy of Mark Costello from The Costello Group, LLC. Contact: (817) 662-2716
Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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