1060 E Reno Road Reno, TX $ 820,000
1060 E Reno Road
$ 820,000
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1060 E Reno Road

Reno, TX, 76020
$ 820,000
Bedrooms10 Baths8.3 Sq 4,078

Monthly Estimate*

$ 5,049

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Single Family Home for sale in Reno, TX for $820,000 with 10 bedrooms and 8 full baths, 3 half baths. This 4,078 square foot home was built in 1983 on a lot size of 1.0613.

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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Single Family Active

Price

$ 820,000

Bedrooms

10

Full Bath

8

Half Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

1.0613

Year Built

1983

Town/City

Reno

County/Region

PARKER

MLS | Web ID

21182190

Features
Interior
Interior Features Decorative Lighting Eat-in Kitchen Granite Counters High Speed Internet Available Open Floorplan
Flooring Carpet Luxury Vinyl Plank
Basement Y/N 0
Dining Areas 4
Living Areas 4
Half Baths 3
Total Bedrooms 10
Total Baths 11
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General
Heating Central Electric
Complex Name R & R Little Estates
Cooling Ceiling Fan(s) Central Air Electric
Utilities All Weather Road City Water Co-op Electric Individual Water Meter Overhead Utilities Septic Underground Utilities
Possession Closing/Funding Lease Outstanding Negotiable Other
Roof Composition Metal
Appliances Dishwasher Disposal Electric Range Electric Water Heater Microwave
Number of Garage Spaces 0
School District Springtown ISD
Pool Y/N 0
Exclusions Tenant property.
Year Built 1983
Architectural Style Traditional
Levels Two
Property Subtype Single Family Residence
Subdivision Name R & R Little Estates
Transaction Type For Sale
Occupant Type Tenant
County Parker
Property Type Residential
Construction Materials Board & Batten Siding Siding
Year Built Details Preowned
Accessory Unit Y/N Y
HOA Type None
Special Notes Aerial Photo Survey Available
Full Baths 8
Status Active
Directions 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-15
City Reno
Elementary School Name Reno
High School Springtown
Elementary School Reno
Standard Status Active
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Dog Run Rain Gutters Lighting Storage
Lot Features Cleared Few Trees Interior Lot Level Lrg. Backyard Grass
Vegetation Grassed
Fencing Back Yard Cross Fenced Fenced Metal Partial
Soil Type Unknown
Other Structures Shed(s) Storage
Lot Size Source Assessor
Parking Features Carport Covered Driveway Gravel
Lot Size 1 to < 3 Acres
Foundation Slab
Lot Size Dimensions 280x230
Structural Style Condo/Townhome Single Detached
Garage Y/N 0
Attached Garage Y/N 0
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Internal Only
Street Number 1 1060
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* Excluded Features
List By
Mark Costello

Listing Agent

The Costello Group, Llc

Broker

Affordability Calculator

$5,049
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,049
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288235 Elementary School
3633890 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/20/2026 $820,000 -3.53% Price Down
2/17/2026 $850,000 Listed Price

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1060 E Reno Road, Reno, TX, 76020 is a Single Family Home for sale at $820,000 with 4,078 sqft and a lot size of 1.0613. 1060 E Reno Road has 10 bedrooms, 8.3 baths, and was built in 1983. The property's zip code is 76020 which is in Reno, TX