DIAMOND REALTORS
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Frieda Schmiedel
DIAMOND REALTORS
phone: (972) 897-7659
office: (972) 897-7659
www.diamondreal­tors.info
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1060 Reno Road, Reno, Texas 76020, USA
List Price: $800,000
Sale price per sqm: 2,111.61 $
Status: ACT
MLS#: 21182190
Property type: Residential For Sale, Single Family
Property Size: 4,078 sqft (378.846 m2)
Land size: 1.06 sqft (0.1 m2)
Rooms
  • 10 bedrooms
  • 8 full baths
  • 3 half baths
  • 4 dining rooms
Property Details
1983 Year Built:
Building or Complex name: R & R Little Estates Location:
Condo/Townhouse, Single Detached Property type:
Traditional Style:
Siding Construction:
Siding Exterior Description:
Resale Condition:
Dishwasher, Microwave, Disposal Appliances:
Carport, Rain Gutters, Decorative Lighting Property Features:
Carpet Floors:
city water, septic tank, Underground Utilities, Individual Water Meter, Overhead Utilities Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
Broadband internet access Telecommunication:
Interior Lot, Large Backyard Grass, Cross Fenced Lot Description:
On Slab Basement and Foundation:
composition, Metal Roofing:
Metal Fence Fencing:
Parking / Garage
Covered Parking Parking type:
8 Number of Carport Spaces:
School Information
1114 School District:
Reno Elementary School:
Springtown High School:
Springtown Middle School:
Remarks
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.


Listing by: The Costello Group, LLC

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