Map location of TBD E Reno Road, Reno, TX 76020
$850,000
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TBD E Reno Road, Reno, TX 76020

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10 Beds
11 Baths
4,078 Sq Ft

Rare opportunity to own a fully renovated, bulletproof multi-unit investment property on one acre in Reno, TX, just minutes from all the shopping, dining, and conveniences of Azle. This unique setup includes four income-producing units across three separate homestwo single-family residences plus one duplexall renovated over the last two years with stud-to-stud upgrades well beyond market standards. Every major component has been replaced, including roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, and more. Zero deferred maintenance and no upcoming cap-ex make this a true turnkey asset.Each unit features its own private fenced backyard, dedicated driveway parking, and two covered carport spaces. Individual water and electric meters are installed for all units, and each dwelling includes its own exterior storage building. Designed for longevity and low maintenance, this property offers excellent stability with three units leased and one single-family home intentionally left vacant for potential owner-occupancy or new leasingpreviously rented for $1,850 per month. 8.2% Projected Cap Rate thanks to the zero deferred maintenance upkeep!Located within Springtown ISD, the property offers a quiet, small-town feel with quick access to nearby urban conveniences. An adjoining parcel may also be available for purchase and includes utilities, three-phase electric service, and an approx. 6,400 sq ft shop with separate work and office areasincluding restroomsoffering additional income potential or space for a business operation. Situated on a corner lot, the expansion option provides outstanding accessibility for contractors, business owners, or investors looking to grow their residential or commercial portfolio.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.

Listing By: Mark Costello - The Costello Group, LLC txdallas Realty.com
  • MLS# 21113573
  • Date Listed11/16/2025
  • Days on Realty 98 Days
  • Bedrooms 10
  • Bathrooms 8 Full baths, 3 Half baths
  • Lot Size 1.06 acres (46,217 sq. ft)
  • Sewer Septic Tank
  • Subdivision R & R Little Estates
  • Property Type Multi Family
  • County Parker
  • Year Built 1983
  • Water Public
  • Square Feet 4,078 sq. ft
  • Price Per Sq. Ft $208.44

Interior Features

  • Appliances Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Flooring Carpet, Vinyl
  • Cooling Ceiling Fan(s), Central Air, Electric
  • Heating Central, Electric

Exterior / Lot Features

  • Exterior Dog Run, Rain Gutters, Lighting, Storage
  • Roof Composition, Metal
  • Lot Size Acres 1.06
  • Lot Size SQFT 46,217.16
  • Lot Features Cleared, Few Trees, Interior Lot, Level

Directions

Some GPS's are not accurate. 32.938602385441506, -97.55943606014787 coordinates are easiest. E Reno Rd is AKA 1542. From Hwy 199 and Boyd Rd, go north On Boyd for 2.5 miles, turn left onto E Reno Rd-1542 for 1 mile, property on left right after the first loop of Arvel Circle.

Financial Considerations

Nearby Schools

Source: School Digger

Springtown Reno Elementary School

Public • PK - 4 • Serves this home

1.74 mi

Distance

Springtown Elementary School

Public • PK - 4

10.61 mi

Distance

Springtown Intermediate School

Public • 5 - 6 • Serves this home

11.74 mi

Distance

Springtown Middle School

Public • 7 - 8

11.74 mi

Distance

Springtown High School

Public • 9 - 12 • Serves this home

12.23 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in TX / 76020

Source: Walkscore

1/100

Car-Dependent

Walk Score ®

25/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 23/100.

Points of Interest near TBD E Reno Road, Reno, TX 76020

Frequently Asked Questions for TBD E Reno Road

Source: Realty.com

TBD E Reno Road, Reno, TX 76020 is a Multi Family, Residential Income property listed for $850,000 The property is 4078 sq. ft with 10 bedrooms and 11 bathrooms

Realty.com has 40 photos of TBD E Reno Road.

Our records indicate that TBD E Reno Road was built in 1983.

The full address for this home is TBD E Reno Road, Reno, TX 76020.

TBD E Reno Road has been listed on Realty.com since Sun November 16, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 5/100, Transit Score: 0/100, Bike Score: 23/100.

There are 3 schools assigned to this home. Check out the schools near TBD E Reno Road. Springtown Reno Elementary School (Grades: PK - 4), Springtown Intermediate School (Grades: 5 - 6), Springtown High School (Grades: 9 - 12)

Listing provided courtesy of: The Costello Group, Llc (tel: 817-662-2716)
Listing agent: Mark Costello (#0666230)

This content last refreshed on 2026-02-22 01:03:17. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of TBD E Reno Road, Reno, TX 76020 : MLS# 21113573

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