Overview
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.
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
120 Pleasant Run
Reno, TX 76020
RES
Allyson Butler · Kirkpatrick Realty
1012 Vista Hills Dr
Reno, TX 76082
RESBrenda Blaser · Keller Williams Realty
1070 S Reno Rd
Reno, TX 76082
RESJose De La Fuente · The Property Shop
1275 Old Reno Rd
Reno, TX 76082
RESDiane Wallace · Cates & Company
1346 S Reno Rd
Reno, TX 76082
RESLane Stults · The Property Shop
412 Caprock Ln
Reno, TX 76020
RESMey-Ling Pauri · Ultima Real Estate
Listed by Mark Costello · The Costello Group, LLC
Source: NTREIS · MLS#: 21182190
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.