Reno, TX 76020,TBD E Reno RD
Reno, TX 76020,TBD E Reno RD
Reno, TX 76020,TBD E Reno RD
40
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$850,000
Est. payment /mo
10 Beds
11 Baths
4,078 SqFt
Active

TBD E Reno RD Reno, TX 76020

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Ryan Smith

Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

+1(512) 466-1460

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,078 sqft

Price per Sqft $208

Subdivision R & R Little Estates

MLS Listing ID 21113573

Bedrooms 10

Full Baths 8

Half Baths 3

HOA Y/N No

Year Built 1983

Lot Size 1.061 Acres

Acres 1.061

Lot Dimensions 280x230

Property Description

Rare opportunity to own a fully renovated, bulletproof multi-unit investment property on one acre in Reno, TX, just minutes from all the shopping, dining, and conveniences of Azle. This unique setup includes four income-producing units across three separate homes—two single-family residences plus one duplex—all renovated over the last two years with stud-to-stud upgrades well beyond market standards. Every major component has been replaced, including roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, and more. Zero deferred maintenance and no upcoming cap-ex make this a true turnkey asset.

Each unit features its own private fenced backyard, dedicated driveway parking, and two covered carport spaces. Individual water and electric meters are installed for all units, and each dwelling includes its own exterior storage building. Designed for longevity and low maintenance, this property offers excellent stability with three units leased and one single-family home intentionally left vacant for potential owner-occupancy or new leasing—previously rented for $1,850 per month. 8.2% Projected Cap Rate thanks to the zero deferred maintenance upkeep!

Located within Springtown ISD, the property offers a quiet, small-town feel with quick access to nearby urban conveniences. An adjoining parcel may also be available for purchase and includes utilities, three-phase electric service, and an approx. 6,400 sq ft shop with separate work and office areas—including restrooms—offering additional income potential or space for a business operation. Situated on a corner lot, the expansion option provides outstanding accessibility for contractors, business owners, or investors looking to grow their residential or commercial portfolio.

This is a truly rare chance to acquire a turnkey, fully modernized, low-risk investment property with multiple paths for income, expansion, and owner-occupancy flexibility.

Location

State TX

County Parker

Direction Some GPS's are not accurate. 32.938602385441506, -97.55943606014787 coordinates are easiest. E Reno Rd is AKA 1542. From Hwy 199 and Boyd Rd, go north On Boyd for 2.5 miles, turn left onto E Reno Rd-1542 for 1 mile, property on left right after the first loop of Arvel Circle.

Interior

Interior Features Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Carpet, Luxury Vinyl Plank

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave

Exterior

Exterior Feature Dog Run, Lighting, Rain Gutters, Storage

Parking Features Covered, Carport, Driveway, Gravel

Fence Back Yard, Cross Fenced, Fenced, Metal, Partial

Pool None

Utilities Available Electricity Available, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available

Water Access Desc Public

Roof Type Composition,Metal

Road Frontage All Weather Road

Total Parking Spaces 8

Garage No

Building

Lot Description Back Yard, Cleared, Interior Lot, Lawn, Level, Few Trees

Foundation Slab

Sewer Septic Tank

Water Public

Level or Stories Two

Schools

Elementary Schools Reno

Middle Schools Springtown

High Schools Springtown

School District Springtown Isd

Others

Tax ID R000129714

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21113573


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Homestead & Ranch Real Estate

Homestead & Ranch Real Estate

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+1(512) 466-1460

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TBD E Reno RD