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NTREISListing courtesy of The Costello Group, LLC. Information provided by NTREIS

Active

$775,000

  • 10 beds
  • 11 baths
  • 4,078 sq ft
  • 1.06 acre lot

1060 E Reno Road

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Listing data updated

About this home

Turnkey 4-unit rental portfolio in Reno, TX, consisting of two single-family homes and one duplex across three buildings on approximately 1.06 acres. All four units are currently occupied, providing immediate income from day one.

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Turnkey 4-unit rental portfolio in Reno, TX, consisting of two single-family homes and one duplex across three buildings on approximately 1.06 acres. All four units are currently occupied, providing immediate income from day one.

The property has been extensively renovated over the past two years, including major improvements to roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, fixtures, fencing, and other components. There are currently no known deferred-maintenance items, helping reduce near-term capital expense risk for an incoming owner.

The unit mix includes a 2-bedroom, 1.5-bath single-family home; a 2-bedroom, 1-bath single-family home; a two-story 3-bedroom, 2-bath duplex unit; and a single-story 3-bedroom, 1.5-bath duplex unit.

Each unit features a private fenced backyard, dedicated driveway parking, two covered carport spaces, individual water and electric metering, and an exterior storage building.

Tenant turnover has historically been low, and lease expirations are staggered through 2027 and 2028, helping reduce concentrated vacancy risk and provide more predictable cash flow.

Located inside the City of Reno and within Springtown ISD, the property offers a quiet residential setting with quick access to Azle, FM 730, Hwy 199, and the broader DFW area.

An adjoining commercial-income property may also be available separately and includes approximately one acre, three-phase power, utilities, covered work areas, an approximately 6,600 SF shop being divided into multiple leasable spaces, and a leased mobile home.

Aerial video available.

Bedrooms
10
Bathrooms
11
Living area
4,078 sq ft
Lot size
1.06 acres
Garage spaces
0 spaces
Year built
1983
Property type
SingleFamilyResidence
Status
Active
MLS number
21182190

Listing courtesy of The Costello Group, LLC

Listing agent Mark Costello

Office phone (817) 662-2716

Estimated monthly cost

Estimated payment based on the assumptions shown. It is not a quote, an approval or a rate offer.

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Location

Facts and features

Interior

Bedrooms
10
Bathrooms
11
Living area
4,078 sq ft

Exterior

Garage spaces
0

Lot

Lot size
1.06 acres

Building

Year built
1983
Property type
SingleFamilyResidence

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TODO(Q-09): TREC Rule 535.17 statement — this is a broker price opinion or comparative market analysis, not an appraisal.

Listing courtesy of The Costello Group, LLC. Information provided by NTREIS

Information is deemed reliable but not guaranteed.

Listing data updated