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.
Details
| MLS # | 21182190 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 218 |
| Listing Provided By | The Costello Group, LLC | Mark Costello |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 11 Total |
| SQ Feet | 4,078 |
| Car Port | Yes |
| Story(s) | 2 |
| Acreage | 1.06 |
Interior
| Room Count | 2 |
|---|---|
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Electric |
| Interior Features | Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan |
| Appliances | Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave |
Exterior
| Exterior Features | Dog Run, Rain Gutters, Lighting, Storage |
|---|---|
| Roof | Composition, Metal |
| Security Features | Unknown |
| Construction Materials | Board & Batten Siding, Siding |
| Foundation Details | Slab |
| Lot Features | Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass |
Parking
| Garage Yn | 0 |
|---|---|
| Attached Garage Yn | 0 |
| Parking Features | Carport, Covered, Driveway, Gravel |
Utilities
| Utilities | All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities |
|---|
Taxes
| Tax Lot | 1 |
|---|---|
| Tax Legal Description | Acres: 1.061, Lot: 1, Subd: R&R LITTLE ESTATES, G |
Area Information
| State | TX |
|---|---|
| County | Parker |
| City | Reno |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | R & R Little Estates |
| School District | Springtown ISD |
| Elementary School | Reno |
| High School | Springtown |
| Listing VS Median (in R & R Little Estates) | |
Price: $775,000 low | high Med: $775,000 sqft: 4,078 low | high Med: 4,078 $ / sqft: $190 low | high Med: $190 On site: 218 low | high Med: 218 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Parker |
| City | Reno |
| Zip Code | 76020 |
| Area | Parker |
| Community Name | R & R Little Estates |
| School District | Springtown ISD |
| Elementary School | Reno |
| High School | Springtown |
| Listing VS Median (in R & R Little Estates) | |
Price: $775,000 low | high Med: $775,000 sqft: 4,078 low | high Med: 4,078 $ / sqft: $190 low | high Med: $190 On site: 218 low | high Med: 218 | |
$650,000149 W Main StreetAzle, TX 76020 |
Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
