1060 E Reno Road, Reno, TX 76020
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: mark costello
Office: the costello group, llc.
MLS#:21182190
Source:GDAR
Price summary
- Price:$775,000
- Price per sq. ft.:$190.04
About this home
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....
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Home facts
- Year built:1983
- Listing ID #:21182190
- Added:108 day(s) ago
- Updated:June 06, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Full bathrooms:8
- Half bathrooms:3
- Flooring:Carpet, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave
- Living area:4,078 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Composition, Metal
- Year built:1983
- Building area:4,078 sq. ft.
- Lot area:1.06 Acres
- Lot Features:Cleared, Few Trees, Interior Lot, Lawn, Level
- Architectural Style:Traditional
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Springtown
- Middle school:Springtown
- Elementary school:Reno
Finances and disclosures
- Price:$775,000
- Price per sq. ft.:$190.04
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
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