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Tbd E Reno Road
Reno TX 76020 US

$850,000

Active Listing ID 21113573
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10 bed
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11.00 Bath (8 Full , 3 Half)
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Lot: 1.06 Acres
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Other

$850,000

Active Listing ID 21113573
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Tbd E Reno Road 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.

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Property Features

  • Facts
  • Lot Size: 1.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • 1/2 Bathrooms: 3
  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Exterior Finish: Dog Run, Rain Gutters, Lighting, Storage, Fence
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition, Metal
  • Heating Fuels: Central, Electric (Heating)

School Information

  • School
  • Reno(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 850000
  • unparsedaddress: Tbd E Reno Road
  • postalcity: Reno
  • stateorprovince: TX
  • country: US
  • postalcode: 76020
  • bathroomsfull: 8
  • bathroomshalf: 3
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.061
  • lotsizeunits: Acres
  • lotsizearea: 1.061
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.93852398
  • longitude: -97.55943391
  • listagentfullname: Mark Costello
  • listagentemail: Mark@MovingTheMetroplex.com
  • listagentkey: 3yd-NTREIS-0666230
  • listagentmlsid: 0666230
  • listagentpreferredphone: 8176622716
  • listagentofficephone: 8176622716
  • listofficekey: 3yd-NTREIS-CSTL01WF
  • listagentstatelicense: 0666230
  • listofficemlsid: CSTL01WF
  • disclaimer: Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 1983
  • listagenturl: http://www.movingthemetroplex.com
  • countyorparish: Parker
  • parcelnumber: R000129714
  • elementaryschool: Reno
  • appliances: Dishwasher, Garbage Disposer, Microwave, Range, Washer
  • cooling: Ceiling Fan(s), Central Air, Electric
  • constructionmaterials: Board & Batten Siding
  • flooring: Carpet, Vinyl
  • heating: Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Carport, Covered, Driveway
  • roof: Composition, Metal
  • waterfrontyn: False
  • interiorfeatures: Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
  • exteriorfeatures: Dog Run, Rain Gutters, Lighting, Storage, Fence
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Kennel/Dog Run, Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.55943, 32.938522
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Costello Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Mark@MovingTheMetroplex.com", "ListBrokerageCity":"Weatherford", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Costello Group", "ListBrokeragePhone":"(225) 287-0883", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3203 Deer Path Ln", "ListBrokerageWebsiteUrl":"http://www.movingthemetroplex.com", "ListOfficeAddress1":"3203 Deer Path Ln", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0666230", "ListOfficeCity":"Weatherford", "ListOfficeCountry":"US", "ListOfficeEmail":"Mark@MovingTheMetroplex.com", "ListOfficePostalCode":"76085", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Single Units - Reno, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/E-Reno-Rd_Reno_TX_76020_M99156-64762?f=listhub&s=NTREIS&m=21113573&c=rexren", "MLSModificationTimestamp":"2025-12-18T06:33:24Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multiple Single Units", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/19/2025 1:42:08 AM GMT
Source Updated Date: 12/20/2025 1:22:13 PM GMT

Courtesy of: Mark Costello, The Costello Group, LLC, Mark@MovingTheMetroplex.com

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.