Listing provided courtesy of The Costello Group, LLC- MLS# 21182190MLS ProviderContact Information: Mark Costello - (817) 662-2716

1060 E Reno RoadReno, TX 76020

Single Family · 10 Beds · 8 Full Baths · 3 Half Baths · 4,078 Sq. ft. | 1.06 Acres
$775,000 Active

1060 E Reno Road Overview

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Rare opportunity for an OWNER-OCCUPANT INVESTOR to live in one home while owning three additional income-producing units. Owner-occupant purchasers may qualify for LOW DOWN PAYMENT requirements compared to traditional investment property loans. This investment package includes four units across three separate residences: two single-family homes and one duplex. In addition to the vacant 2 bed, 1.5 bath single-family home, the property includes another 2 bed, 1 bath single-family residence and a duplex featuring a two-story 3 bed, 2 bath unit and a single-story 3 bed, 1.5 bath unit. The vacant home is move-in ready, allowing an owner to live on-site while neighboring units generate income. All structures have been fully renovated over the past two years well beyond typical market standards. Major upgrades include roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, fixtures, and more. With no known deferred maintenance, the property offers long-term stability and reduced future capital expense risk. Three units are currently leased, providing immediate income. Living on-site allows convenient oversight, simple management, and the opportunity to offset housing expenses while building equity through rental income. Each unit features a private fenced backyard, dedicated driveway parking, two covered carport spaces, individual water and electric meters, and an exterior storage building. The property offers a quiet small-town setting with quick access to nearby retail and employment options. An adjoining parcel may also be available and includes utilities, three-phase electric service, and an approximately 6,400 sq ft shop with work and office areas, including restrooms, offering additional expansion or business potential, plus a leased mobile home. 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. Aerial Video Available.

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1060 E Reno Road Facts & Features

  • Type Single Family
  • Sq. ft. 4,078
  • Price/Sq.ft. $190
  • Lot 1.06 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Springtown ISD
  • Elementary School: Reno
  • Middle Or Junior School: Springtown
  • High School: Springtown

Building Information

  • Year Built: 1983
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Parker
  • Postal City: AZLE
  • Subdivision Name: R & R Little Estates

General Information

  • Disclosures: Accessory Dwelling Unit
  • Exclusions: Tenant property.
  • Listing Terms: Cash,Conventional
  • Parcel Number: R000129714
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 8
  • Bathrooms Half: 3
  • Bathrooms Total: 11
  • Bedrooms Total: 10

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Open Floorplan
  • Laundry Features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Stacked
  • Levels: Two
  • Living Area: 4078.0
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Covered,Carport,Driveway,Gravel

Lot Information

  • Lot Features: Back Yard,Cleared,Interior Lot,Lawn,Level,Few Trees
  • Lot Size Acres: 1.0613
  • Lot Size Area: 1.0613
  • Lot Size Dimensions: 280x230
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 46230.23
  • Lot Size Units: Acres
  • Vegetation: Grassed
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional,Detached
  • Attached Garage: No
  • Construction Materials: Board & Batten Siding
  • Property Attached: Yes
  • Roof: Composition,Metal
  • Structure Type: House

General Information

  • Carport: Yes
  • Covered Spaces: 8.0
  • Exterior Features: Dog Run,Lighting,Rain Gutters,Storage
  • Fencing: Back Yard,Cross Fenced,Fenced,Metal,Partial
  • Other Structures: Shed(s),Storage
  • Pool Features: None
  • Road Frontage Type: All Weather Road
  • Sewer: Septic Tank
  • Utilities: Electricity Available,Overhead Utilities,Septic Available,Separate Meters,Underground Utilities,Water Available

Room Information

Room: Living Room

  • Level: First
  • Dimensions: 18 x 16
  • Length: 18.0
  • Width: 16.0
  • Features: Ceiling Fan(s)

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14 x 13
  • Length: 14.0
  • Width: 13.0
  • Features: Ceiling Fan(s),En Suite Bathroom
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1060 E Reno Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.
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