TBD E Reno Road, Reno, TX 76020
Local realty services provided by:ERA Empower
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
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....
Contact an agent
Home facts
- Year built:1983
- Subdivision & Development:R & R Little Estates
- Listing ID #:21113573
- Added:268 day(s) ago
- Updated:August 17, 2026 at 11:59 AM
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
New listings near TBD E Reno Road
- New
$160,000Active2 beds 2 baths840 sq. ft.935 S Cardinal Road, Reno, TX 76020
MLS# 21358373Listed by: 5X REALTY
$529,900Active4 beds 2 baths2,328 sq. ft.1012 Arbor Vista Drive, Azle, TX 76020
MLS# 21349923Listed by: PARKER PROPERTIES REAL ESTATE- Open Fri, 10:30am to 1pm
$1,999,900Active3 beds 3 baths2,696 sq. ft.1070 S Reno Road, Reno, TX 76082
MLS# 21344122Listed by: THE PROPERTY SHOP
$550,000Active4 beds 3 baths2,494 sq. ft.140 Rocky Top Ranch Lane, Reno, TX 76020
MLS# 21345539Listed by: ULTIMA REAL ESTATE
$550,000Active4 beds 3 baths2,500 sq. ft.412 Caprock Lane, Reno, TX 76020
MLS# 21345551Listed by: ULTIMA REAL ESTATE
$579,900Active4 beds 3 baths2,935 sq. ft.121 Rocky Top Ranch Lane, Reno, TX 76020
MLS# 21338138Listed by: BRIGGS FREEMAN SOTHEBY'S INT'L
$345,000Active3 beds 2 baths1,464 sq. ft.1346 S Reno Road, Reno, TX 76082
MLS# 21331356Listed by: THE PROPERTY SHOP
$249,000Active3.39 AcresTBD Ladybird, Reno, TX 76020
MLS# 21323280Listed by: EXP REALTY LLC
$499,000Pending4 beds 3 baths2,446 sq. ft.2000 Donna Court, Reno, TX 76020
MLS# 21315729Listed by: REDFIN CORPORATION
$279,499Pending4 beds 2 baths1,720 sq. ft.2208 Jesse James Lane, Cleburne, TX 76058
MLS# 21305302Listed by: TURNER MANGUM,LLC