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1060 E Reno Road, Reno, TX 76020

$850,000
  • 1060 E Reno Road, Reno, TX 76020 Main Photo

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Active
BEDS10 BATHS8 full 3 partial SQUARE FEET4,078 MLS#21182190
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONR & R Little Estates SCHOOLSpringtown ISD

Property Description

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.

1060 E Reno Road | MLS# 21182190

This single family home located at 1060 E Reno Road, Reno, TX 76020 is currently listed for sale with an asking price of $850,000. This property was built in 1983 and has 10 bedrooms and 8 full and 3 partial baths with 4078 sq. ft. E Reno Road is located in the R & R Little Estates subdivision within the Springtown ISD school district. Search R & R Little Estates real estate on www.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Home Style: Traditional
Lot Size: 1.06 Acres
Roof Type: Composition, Metal
Year Built: 1983

Amenities

Decorative Lighting
Eat-in Kitchen
Granite Counters
High Speed Internet Available
Open Floorplan
Dog Run
Rain Gutters
Lighting
Storage

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Days on Site: 16
Exclusions: Tenant property.
Exterior: Board & Batten Siding, Siding
Fencing: Back Yard, Cross Fenced, Fenced, Metal, Partial
Flooring: Carpet, Luxury Vinyl Plank
Laundry: Electric Dryer Hookup, Full Size W/D Area, Stacked W/D Area, Dryer Hookup, Washer Hookup
Lot: Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Lot Dimensions: 280x230
Parcel#: R000129714
Parking: Carport, Covered, Driveway, Gravel
Parking Notes: Carport, Covered, Driveway, Gravel
Utilities: All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities

Local Schools

Elementary School: Reno
School District: Springtown ISD

Listed By / Shown By

Listed By

Agency Name: The Costello Group, LLC
Agency Contact: (817) 662-2716
Agent Name: Mark Costello

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 2,139.65 per month $1,891.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $247.92 Homeowner's Insurance

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