New construction
$775,000
10 bd · 8.5 ba · 4,078 sqft · 1.06 acre lot
1060 E Reno Rd, Reno, TX 76020
Single family · Built 1983 · $190/sqft ·
$4,227/mo est. payment
- Stories
- 2
3D tourFlood factor 1/10
About this home
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.
Facts and features
Bedrooms
- Bedrooms: 10
- Primary Bedroom Dimensions: 14' x 13'
- Primary Bedroom Level: First
- Primary Bedroom Features: Ceiling Fans,En Suite Bathroom
Bathrooms
- Total Bathrooms: 11
- Full Bathrooms: 8
- 1/2 Bathrooms: 3
Interior Features
- Decorative designer lighting fixtures
- Eat in kitchen
- Granite counters
- High speed internet
- Open floorplan
- Flooring: Carpet, Luxury Vinyl Plank
Appliances
- Dishwasher
- Electric range
- Electric water heater
- Disposal
- Microwave
- Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Stacked
Heating and Cooling
- Cooling Features: Central Air, Ceiling Fans, Electric
- Heating Features: Central, Electric
- Heating: Yes
- Ceiling Fans: Yes
Other Rooms
- Living Room Dimensions: 18' x 16'
- Living Room Level: First
- Living Room Features: Ceiling Fans
Exterior and Lot Features
- Dog run
- Lighting
- Rain gutters
- Storage
- Fencing: Back Yard, Cross Fenced, Fenced, Metal, Partial
- Other Structures: Sheds, Storage
- Road Frontage Type: All Weather Road
Garage and Parking
- Covered Spaces: 8
- Parking Features: Covered, Carport, Driveway, Gravel
Schools
- 6
Springtown Reno Elementary School
elementary · K-4 · 1.2 mi
- 5
Springtown High School
high · 9-12 · 8.3 mi
- 5
Springtown Middle School
middle · 7-8 · 8.4 mi
Azle Christian Schools
elementary · K-12 · 4.1 mi
- 4
Springtown Intermediate School
elementary · 5-6 · 8.0 mi
- 6
Springtown Elementary School
elementary · K-4 · 7.3 mi
Price history
- May 26, 2026 · Price Changed$775,000
- May 26, 2026 · Price Changed$775,000
- May 14, 2026 · Price Changed$789,900
- May 14, 2026 · Price Changed$789,900
- Apr 22, 2026 · Price Changed$800,000
- Apr 22, 2026 · Price Changed$800,000
- Apr 17, 2026 · Price Changed$820,000
- Apr 1, 2026 · Price Changed$830,000
Tax history
- 2023$3,454 tax · $190,910 assessed
- 2022$2,620 tax · $121,830 assessed
- 2021$2,641 tax · $121,830 assessed
- 2020$2,207 tax · $93,700 assessed
- 2019$2,201 tax · $93,700 assessed
- 2018$2,364 tax · $94,830 assessed
- 2017$2,370 tax · $94,830 assessed
- 2016$2,112 tax · $80,950 assessed
Home value
$767,000
- Collateral Analytics$767,000
Where it is
Listed by Mark Costello · The Costello Group · NTREIS
