TX
Parker
Reno
76020
1060 E Reno Road
1060 E Reno Road, Reno, TX 76020
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Listing Type
Single Family
Listing Status
Active
40
$850,000

Home Details for 1060 E Reno Road

Price
$850,000
Type
Residential
Bedrooms
10
Bathrooms
11.0
Square feet
4078
Year built
1983
Lot size acres
1.0613
County
Parker
Total rooms
2
Garage
Days on site
4
MLS Listing#
21182190
Property 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.

Property Features
  • House Interior
    • Eat-in Kitchen
    • Granite Counters
    • Open Floorplan
    • High Speed Internet
  • Parking
    • Carport
    • Covered
    • Driveway
    • Gravel
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
School Information
School Information for 1060 E Reno Road, Reno, TX 76020
Elementary School
Reno
Middle School
Springtown
High School
Springtown
Listing Courtesy: The Costello Group, LLC - 817-662-2716
Presented by: Mark Costello
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-02-17 15:00:43
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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