TBD E Reno Road, Reno, TX 76020

Reno
Local realty services provided by:ERA Courtyard Real Estate
TBD E Reno Road,Reno, TX 76020
$775,000
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  • 10 Beds
  • 11 Baths
  • 4,078 sq. ft.
  • Multi-family
  • Active
Listed by: mark costello
Office: the costello group, llc.
MLS#:21113573
Source:GDAR

Price summary

  • Price:$775,000
  • Price per sq. ft.:$190.04

About this home

Fully renovated 4-unit rental portfolio in Reno, TX, consisting of one duplex and two single-family homes across three buildings on approximately 1.06 acres. The property has been extensively improved over the past two years, including water and septic lines, appliances, flooring, paint, fixtures, fencing, kitchens, baths, and other major components. There are no known deferred-maintenance items, making this a true turnkey investment. All four units are currently occupied, producing $81,540 in gross scheduled annual rent. Current NOI is approximately $66,577, equating to an 8.59% in-place cap rate at the $775,000 asking price. Tenant turnover has historically been very low, and lease expirations are staggered through 2027 and 2028, helping reduce concentrated vacancy risk. Each unit features individual water and electric metering, a private fenced yard, dedicated parking, two covered carport spaces, and exterior storage. Located inside the City of Reno and within Springtown...

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Home facts

  • Year built:1983
  • Subdivision & Development:R & R Little Estates
  • Listing ID #:21113573
  • Added:313 day(s) ago
  • Updated:October 01, 2026 at 01:10 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:11
  • Full bathrooms:8
  • Half bathrooms:3
  • Flooring:Carpet, Luxury Vinyl Plank
  • Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave
  • Living area:4,078 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1983
  • Building area:4,078 sq. ft.
  • Lot area:1.06 Acres
  • Lot Features:Cleared, Few Trees, Interior Lot, Lawn, Level
  • Foundation Description:Slab
  • Levels:2 Story

Schools

  • High school:Springtown
  • Middle school:Springtown
  • Elementary school:Reno

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$190.04

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Amenities:Window Coverings

Parking

  • Total parking spaces:8
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 1, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Courtyard Real Estate.

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