1060 E Reno Road, Reno, TX 76020
1060 E Reno Road, Reno, TX 76020
1060 E Reno Road, Reno, TX 76020
40
See all 40 photos
$820,000
Est. payment /mo
10 Beds
11 Baths
4,078 SqFt
Open Sat 4:30PM-5:30PM

1060 E Reno Road Reno, TX 76020

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Open House

Sat Apr 18, 4:30pm - 5:30pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,078 sqft

Subdivision R & R Little Estates

MLS Listing ID 21182190

Style Traditional

Bedrooms 10

Full Baths 8

Half Baths 3

HOA Y/N None

Year Built 1983

Lot Size 1.061 Acres

Acres 1.0613

Lot Dimensions 280x230

Property Sub-Type Single Family Residence

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.

Location

State TX

County Parker

Direction 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.

Rooms

Dining Room 4

Interior

Interior Features Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Luxury Vinyl Plank

Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Heat Source Central, Electric

Laundry Electric Dryer Hookup, Full Size W/D Area, Stacked W/D Area, Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Dog Run, Rain Gutters, Lighting, Storage

Carport Spaces 8

Fence Back Yard, Cross Fenced, Fenced, Metal, Partial

Utilities Available All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities

Roof Type Composition,Metal

Total Parking Spaces 8

Garage No

Building

Lot Description Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass

Story Two

Foundation Slab

Level or Stories Two

Structure Type Board & Batten Siding,Siding

Schools

Elementary Schools Reno

Middle Schools Springtown

High Schools Springtown

School District Springtown Isd

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21182190


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Mark Costello • The Costello Group, LLC

NEARBY SCHOOL & BUSINESS

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Brian Chinn

Brian Chinn

Broker Associate

+1(903) 480-9988

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1060 E Reno Road