TX > Reno > R & R Little Estates
Reno, TX 76020,TBD E Reno Road
Reno, TX 76020,TBD E Reno Road
Reno, TX 76020,TBD E Reno Road
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$850,000
Est. payment /mo
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10 Beds
11 Baths
1.06 Acres Lot
Active

TBD E Reno Road Reno, TX 76020

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2026
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Patricia Ann Young

Patricia Ann Young

Follow My Heels Home Group

+1(972) 795-4260

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision R & R Little Estates

MLS Listing ID 21113573

Bedrooms 10

Full Baths 8

Half Baths 3

HOA Y/N None

Total Fin. Sqft 4078

Year Built 1983

Lot Size 1.061 Acres

Acres 1.061

Lot Dimensions 280x230

Property Sub-Type Multiple Single Units

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 Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank

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

Heat Source Central, Electric

Exterior

Exterior Feature Dog Run, Rain Gutters, Lighting, Storage

Carport Spaces 8

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

Utilities Available All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities

Roof Type Composition,Metal

Total Parking Spaces 8

Garage No

Building

Lot Description Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding,Siding

Schools

Elementary Schools Reno

Middle Schools Springtown

High Schools Springtown

School District Springtown Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Mark Costello • The Costello Group, LLC

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Patricia Ann Young

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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TBD E Reno Road

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