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About This Home

This 10-bedroom, 11-bathroom single family at 1060 E Reno Road in Reno, TX is listed for $775,000 ($190 per sqft). Built in 1983, the home offers 4,078 sqft of living space on a 1.06 acres lot.

Agent 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.

Key Features

  • Built in 1983
  • 1.06 acre lot
  • 2 stories

Property Details

2 stories
8 full, 3 half
1983

Monthly Cost Estimate

$4,145/mo

20% down · 6.5% · 30 years

Principal$560
Interest$3,358
Insurance$226

Estimates only. Actual payments may vary.

Location

1060 E Reno Road

Reno, TX 76020

R & R Little Estates

Features & Amenities

Interior Features

Decorative LightingEat-in KitchenGranite CountersHigh Speed Internet AvailableOpen Floorplan

Exterior Features

Dog RunRain GuttersLightingStorageFence

Property Details

Flooring

CarpetVinyl

Construction

Board & Batten Siding

Parking

CarportCoveredDriveway

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

DishwasherGarbage DisposerMicrowaveRangeWasher

Questions & Answers

This 10-bedroom, 11-bathroom single family at 1060 E Reno Road is listed at $775,000 ($190/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 1.06 acre lot, 2 stories. Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters. Exterior Features: Dog Run, Rain Gutters, Lighting.

This property is listed by Mark Costello and can be reached at 8176622716 or Mark@MovingTheMetroplex.com.

MC

Mark Costello

Agent at The Costello Group, LLC

(817) 662-2716

Listed by The Costello Group, LLC · View on Broker Site

MLS# 21182190· Source: listhub· Updated today

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1060 E Reno Road, Reno, TX 76020

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