LKV Realty
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$775,000
$3,900Reward *
TBD E Reno Road, Reno, TX 76020Listing ID 21113573

TBD E Reno Road, Reno, TX 76020

Active
R & R Little Estates
Time on site: 270 daysLast updated: May 26, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
10
Bathrooms
Bathrooms
11
Square Feet
Square Feet
4,078
Acres
Acres
1.06
Days on Site
Days on Site
270
Cooling
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Heating
Central, Electric
Year Built
Year Built
1983
Parking
Parking
Covered, Carport, Driveway, Gravel

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.

Property Information

Property Details

Location

Address
TBD E Reno Road
County
Parker
City
Reno
Zip Code
76020
Subdivision
R & R Little Estates
School District
Springtown ISD
High School
Springtown
Elementary School
Reno

Interior Features

Beds and Baths

Bedrooms
10
Full Bathrooms
8
Half Bathrooms
3

Building

Building Information

Square Feet
4,078
Year Built
1983
Construction
Board & Batten Siding
Foundation
Slab
Roof
Composition, Metal

Financial

Special Conditions
Standard
Mark CostelloThe Costello Group, LLC, (817) 662-2716

Market Report for 76020

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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