Property
Beds
10
Full Baths
8
1/2 Baths
3
Year Built
1983
Sq.Footage
4,078
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.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Granite Counters, Open Floorplan, High Speed Internet
-
Total Bedrooms
10
-
Bathrooms
8
-
1/2 Bathrooms
3
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Board & Batten Siding
-
Other Exterior Features
Dog Run, Rain Gutters, Lighting, Storage
-
Parking
Carport, Covered, Driveway, Gravel
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cleared, Few Trees, Interior Lot, Level
-
Lot Size(acres)
1.0613
-
Lot Size(square feet)
46,230
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$775,000
-
Sq. Footage
4,078
-
Price/SqFt
$190
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Reno
-
Middle School
Springtown
-
High School
Springtown
Property Features
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Tax Lot
1
-
Water Source
Public
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Location
County
Parker
Elementary School
Reno
Middle School
Springtown
High School
Springtown
Listing Courtesy of Mark Costello, The Costello Group, LLC
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AGENT
Joe Boston
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