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    E Reno Rd Azle, TX 76020

    For Sale
    $850,000

    Multiple Single Units - Reno, TX

    Lot size:
    1.06 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for E Reno Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    11
    APN
    R000129714
    Parking
    8
    Parking features
    Carport, Covered, Driveway
    Interior features
    Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
    Exterior features
    Dog Run, Rain Gutters, Lighting, Storage, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Lot size
    1.06 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1983
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Board & Batten Siding
    Roof type
    Composition, Metal
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run, Storage

    The Costello Group (225) 287-0883

    Listing agent Mark Costello (817) 662-2716 License #0666230

    Listing date Nov 21, 2025

    MLS# 21113573 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Unit Investment Property

    This multi-unit investment property in Reno, TX, features four income-producing units across three separate homes: two single-family residences and one duplex. The property has been renovated with upgrades, including roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, and paint. Each unit includes a private fenced backyard, dedicated driveway parking, and two covered carport spaces. Individual water and electric meters are installed for all units, and each dwelling has its own exterior storage building. The property is designed for longevity and low maintenance. It is located within Springtown ISD, offering a quiet, small-town feel with access to urban conveniences. Situated on a 1.061-acre corner lot, the property has three units leased and one single-family home intentionally left vacant for potential owner-occupancy or new leasing. An adjoining parcel may also be available for purchase and includes utilities, three-phase electric service, and an approx. 6,400 sq ft shop with separate work and office areas, including restrooms, offering additional income potential or space for a business operation. The property is located minutes from the shopping, dining, and conveniences of Azle.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Azle
    County
    Parker
    State
    Texas
    Longitude
    -97.57701
    Latitude
    32.944064

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    FAQs

    What type of property is this?
    Duplex - Turnkey investment property with four units on one acre.
    Where is this duplex located?
    The property is located at E Reno Rd Azle, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Turnkey, fully renovated multi-unit investment property with zero deferred maintenance.; - Four income-producing units (two single-family homes and one duplex) with individual fenced backyards and dedicated parking.; - Projected 8.2% Cap Rate.
    (817) 662-2716
    Request Owner's contact information
    E Reno Rd Azle, TX 76020
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    Azle, TX 76020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    E Reno Rd Azle, TX 76020
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