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Renovated Four-Unit Multifamily Property
For Sale
$775,000

E Reno Road, Reno, TX 76020

ResidentialIncome, Reno, TX

Property SizeContact for details
Lot Size1.06 Acres
Days on Market74

Property Features for E Reno Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 11
Full bathrooms 8
Half bathrooms 3
Rooms Bathroom 11, Bedroom 10, Bedroom 9, Bedroom 5, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 5, Bedroom 8, Bathroom 6, Bathroom 9, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 8, Bathroom 4, Bathroom 7, Bathroom 3, Bathroom 10
Parking 8
Parking features Driveway, Carport, Covered
Interior features DecorativeDesignerLightingFixtures, EatInKitchen, GraniteCounters, HighSpeedInternet, OpenFloorplan
Exterior features DogRun, Lighting, RainGutters, Storage
Fencing Fenced
Appliances Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave
Subdivision R & R Little Estates
Lot features Back Yard, Cleared, Interior Lot, Lawn, Level, Few Trees
Elementary school Reno
Middle school Springtown
High school Springtown
Elementary school district Springtown ISD
Middle school district Springtown ISD
High school district Springtown ISD
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-1542 for 1 mile, property on left right after the first loop of Arvel Circle.
Standard status Active
APN R000129714
Lot size 1.06 Acres

Taxes and HOA fees

Tax Description Acres: 1.061, Lot: 1, Subd: R&R LITTLE ESTATES, G
Legal Description Acres: 1.061, Lot: 1, Subd: R&R LITTLE ESTATES, G

Utilities

Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Ceiling Fan(s), Central Air, Electric
Water source Public

Amenities

private fenced backyard
exterior storage building

Building Details

Year built 1983
Floors in Building 2
Number of units 4
Flooring type Carpet, Vinyl
Building materials BoardAndBattenSiding
Roof type Metal, Composition
Additional Structures Storage
Listing Agency: The Costello Group, LLC
Listed By: Mark Costello · License #0666230
Added: Jul 12 Changed: Sep 15 Last Checked: Sep 23 at 1:06AM
MLS# 21113573

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This four-unit multifamily property comprises three separate dwellings: two single-family residences and one duplex. The improvements were renovated over the last two years, including roofs, septic systems, HVAC, insulation, flooring, kitchens, bathrooms, and interior and exterior paint. Each unit has a private fenced backyard, driveway parking, exterior storage, and individual water and electric meters. The property was built in 1983 and uses public water with septic service.

Set on 1.061 acres in Reno, Texas, the property includes two covered carport spaces for each unit and is located within Springtown ISD. Three units are leased, while one single-family residence is vacant. The projected cap rate is 8.2%.

Key Highlights

  • Four units across two single‑family residences and one duplex
  • Renovations completed over the last two years, including roofs, HVAC, kitchens, baths, and septic systems
  • 1.061 acres in Reno, TX, within Springtown ISD

Property Analytics

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Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 76020, TX

33,469
Population
13,355
Households
2.5
Avg Household Size
42
Median Age
20%
College-Educated
89%
High-School Grad
64.9 sq mi
ZIP Area
516
Density / Sq Mi
$91,000
Median Household Income
$48,559
Median Earnings
$1,246
Median Rent
$272,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three separate dwellings provide four units with individual utilities, private fenced yards, covered parking, and exterior storage.
Where is this multifamily property located?
The property is located at E Reno Road Reno, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four units across two single‑family residences and one duplex; Renovations completed over the last two years, including roofs, HVAC, kitchens, baths, and septic systems; 1.061 acres in Reno, TX, within Springtown ISD
More about this property
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