Properties

Reno, TX 76020 TBD E Reno Road

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Presented By: The Costello Group, LLC
  • MLS# 21113573
  • 11/21/2025
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  • Beds • 10
  • Full/Half Baths • 8 / 3

Home Details

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 homesโ€”two single-family residences plus one duplexโ€”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 leasingโ€”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 areasโ€”including restroomsโ€”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.
Presented By: The Costello Group, LLC

Interior Features for TBD E Reno Road

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths3
Total Baths11

Other Interior Features

Unit Count4
Fireplaces Total0
Lock Box TypeNone
Window FeaturesWindow Coverings
Basement Y/NNo
FlooringCarpet, Luxury Vinyl Plank
Interior FeaturesDecorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
Total Units4

General for TBD E Reno Road

# of Buildings3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Capitalization Rate8.53
Carport Spaces8
CityReno
Complex NameR & R Little Estates
Construction MaterialsBoard & Batten Siding, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyParker
DirectionsSome 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-15
Elementary SchoolReno
Elementary School NameReno
ExclusionsTenant property.
Full Baths8
Gross Annual Expenses9200.00
HOA TypeNone
HeatingCentral, Electric
High SchoolSpringtown
Insurance Expense5800
LevelsTwo
Listing TermsCash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesInsurance
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding, Negotiable, Other
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition, Metal
School DistrictSpringtown ISD
Security FeaturesUnknown
Special NotesAerial Photo, Survey Available
Standard StatusActive
StatusActive
Subdivision NameR & R Little Estates
TenancyOver 9 Months, Pet Restrictions, Pets Allowed
UtilitiesAll Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1983
Year Built DetailsPreowned

Exterior for TBD E Reno Road

Attached Garage Y/NNo
Building Area Total4078.00
Covered Spaces8
Exterior FeaturesDog Run, Rain Gutters, Lighting, Storage
FencingBack Yard, Cross Fenced, Fenced, Metal, Partial
Foundation Slab
Garage Y/NNo
Lot FeaturesCleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Lot Size1 to < 3 Acres
Lot Size Acres1.0610
Lot Size Area1.0610
Lot Size Dimensions280x230
Lot Size SourceAssessor
Lot Size Square Feet46217.1600
Lot Size UnitsAcres
Number Of Parking Spaces8
Parking FeaturesCarport, Covered, Driveway, Gravel
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Reno Elementary School
Middle School N/A
High School N/A

Connect Realty

Price $830,000
MLS#21113573
List Date 11/21/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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