Overview
Description
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.
Mortgage Calculator
Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.
Rooms
- Primary Bedroom
- 14 x 13 / 1
- Living Room
- 18 x 16 / 1
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
- Interior Features
- Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Open Floorplan
- Flooring
- Carpet, Luxury Vinyl Plank
- Laundry
- Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Stacked
- Heating
- Central, Electric
- Cooling
- Central Air, Ceiling Fans, Electric
- Utilities
- Electricity Available, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available
- Architectural Style
- Traditional, Detached
- Construction
- Board And Batten Siding
- Roof
- Composition, Metal
- Foundation
- Slab
- Exterior Features
- Dog Run, Lighting, Rain Gutters, Storage
- Pool
- None
- Levels
- Two
- Stories
- 2
- Attached Garage
- No
- Covered Spaces
- 8
Schools
- Elementary
- Reno (Springtown ISD)
- Middle
- Springtown (Springtown ISD)
- High
- Springtown (Springtown ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale Source: NTREIS #21182190 | $775,000 |
Nearby Properties
Listed by Mark Costello · The Costello Group, LLC
Source: NTREIS · MLS#: 21182190
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