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TBD E Reno Rd

reno, TX 76020

US$850,000

  • 10 BR
    8 BA, 3 HALF BA
    approx. 4,078 SF

Interested? Let's Connect

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.

Details

4,078 Sq Ft

1.061 Private Acres Lot Size

investment

Built in 1983

MLS/Listing ID 21113573

4 Units

Amenities & Features

Cross-fenced

Microwave

Electric Water Heater

Electric Range

Disposal

Lot - Level

Lot - Interior Lot

Lot - Few Trees

Lot - Cleared

Parking - Gravel

Parking - Driveway

Parking - Covered

Parking - Carport

Window Coverings

Composition

Metal

Dishwasher

Construction - Board Batten Siding

Cooling - Electric

Cooling - Central Air

Cooling - Ceiling Fans

Storage

Rain Gutters

Lighting

Backyard

Carpet

Slab

Fenced

Partial

Dog Run

Heating - Electric

Open Floor Plan

Granite Countertops

Eat-in Kitchen

Estimate my mortgage

TOTAL MONTHLY COST

US$0

  • PRINCIPAL & INTEREST

    US$0

  • PROPERTY TAXES

    US$0

  • Common Charges

    US$0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In TBD E Reno Rd?