1060 E Reno Road, Reno, TX

$775,000

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10

Beds

8.3

Baths

4,078

Square feet

1.06

Acres

About 1060 E Reno Road

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.

Features of 1060 E Reno Road

MLS® # 21182190
Price $775,000
Bedrooms 10
Bathrooms 8.30
Full Baths 8
Half Baths 3
Square Footage 4,078
Acres 1.06
Year Built 1983
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 1060 E Reno Road
Subdivision R & R Little Estates
City Reno
County Parker
State TX
Zip Code 76020

Amenities

Utilities All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities
Garages Carport, Covered, Driveway, Gravel
Is Waterfront No
Has Pool No

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
Heating Central, Electric
Fireplace No

Exterior

Exterior Features Dog Run, Rain Gutters, Lighting, Storage
Lot Description Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Roof Composition, Metal
Construction Board & Batten Siding, Siding
Foundation Slab

School Information

District Springtown ISD
Elementary Reno
Middle Springtown
High Springtown

Listing Details

AgentMark Costello
OfficeThe Costello Group, LLC
Contact Info(817) 662-2716
Office Contact(817) 662-2716

Listing Map

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