1060 E Reno RoadReno, TX 76020

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Traditional

Year built

1983

Living area

4,078 Sq Ft

Lot size

1.06 acres

Lot dimensions

280x230

Days on market

229

MLS^® Listing#

21182190

Property Features

Interior

Eat-in Kitchen · Granite Counters · Open Floorplan · High Speed Internet

Exterior

Dog Run · Rain Gutters · Lighting · Storage

Appliances

Dishwasher · Disposal · Electric Range · Electric Water Heater · Microwave

Cooling

Ceiling Fan(s) · Central Air · Electric

Heating

Central · Electric

Flooring

Carpet · Vinyl

Parking

Carport · Covered · Driveway · Gravel

Laundry

Electric Dryer Hookup · Washer Hookup

Fencing

Back Yard · Cross Fenced · Fenced · Partial

Lot features

Cleared · Few Trees · Interior Lot · Level

Construction

Board & Batten Siding

Foundation

Slab

Roof

Composition · Metal

Other structures

Shed(s) · Storage

Utilities

Underground Utilities

Sewer

Septic Tank

Water source

Public

Parcel number

R000129714

Rooms

Schools

Elementary

Reno

Middle

Springtown

High

Springtown

District

Springtown ISD

Directions

Some GPS's are not accurate. 32.938602385441506, -97.55943606014787 coordinates are easiest. E Reno Rd is AKA 1542. From Hwy 199 and Boyd Rd, go north On Boyd for 2.5 miles, turn left onto E Reno Rd-1542 for 1 mile, property on left right after the first loop of Arvel Circle.