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Property profile & analytics

4861 Hwy Reno, TX 76082

  • Commercial real estate
  • 1,980 SF
  • 1.39 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 4861 Hwy

Year built
2004
Lot size
1.39 lot acres
Property size
1,980 SF
Property type
Commercial real estate

Description

This exceptional commercial property, located at 4861 E Highway 199 in Reno, Texas, presents a unique investment opportunity. The 1.39-acre lot boasts 355.47 feet of prime highway frontage, ensuring high visibility and accessibility. The existing structures comprise a 1,980 square foot building, currently used as a combination home and office, constructed of R-panel steel with non-load bearing walls. An additional 880 square feet of covered porch space offers significant potential for expansion, increasing the total usable area to 2,860 square feet. One-third of the land is currently utilized as a road base parking area, generating monthly lease income. This property benefits from its strategic location in Parker County, one of Texas' fastest-growing counties. Its proximity to major cities like Fort Worth (25 miles), Weatherford (18 miles), Azle (3 miles), and Decatur (18 miles) makes it exceptionally convenient for businesses and commuters alike. The area's robust growth, particularly in the Springtown Independent School District (which is expanding faster than 90% of other districts in the state according to the Texas Education Agency), makes Highway 199 an ideal location for a variety of commercial ventures. This property offers a blend of existing income and significant expansion potential in a high-demand area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Reno
County
Parker
State
Texas
Longitude
-97.6023
Latitude
32.9225
More about this property
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