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For sale
    • $775,000

    E Reno Rd, Azle, TX 76020

    10beds
    4,078sqft
    : 
    $5,486/mo
    Get pre-qualified
    Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $190/sqft
    $-- HOA

    What's special

    Private fenced yardExterior storageDedicated parkingTwo covered carport spaces
    Fully renovated 4-unit rental portfolio in Reno, TX, consisting of one duplex and two single-family homes across three buildings on approximately 1.06 acres. The property has been extensively improved over the past two years, including water and septic lines, appliances, flooring, paint, fixtures, fencing, kitchens, baths, and other major components. There are no known deferred-maintenance items, making this a true turnkey investment. All four units are currently occupied, producing $81,540 in gross scheduled annual rent. Current NOI is approximately $66,577, equating to an 8.59% in-place cap rate at the $775,000 asking price. Tenant turnover has historically been very low, and lease expirations are staggered through 2027 and 2028, helping reduce concentrated vacancy risk. Each unit features individual water and electric metering, a private fenced yard, dedicated parking, two covered carport spaces, and exterior storage. Located inside the City of Reno and within Springtown ISD, the property offers a quiet residential setting with quick access to Azle, FM 730, Hwy 199, and the broader DFW market. An adjoining commercial-income property may also be available separately. It includes approximately one acre, a hard-corner location, three-phase power, utilities, covered work areas, and an approximately 6,600 SF shop being divided into multiple leasable spaces, creating additional income and business-use potential.
    298 days
    131
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Costello 0666230 (817)662-2716,

    The Costello Group, LLC 817-662-2716

    Source: NTREIS,MLS#: 21113573

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 11
      • Full bathrooms: 8
      • 1/2 bathrooms: 3
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
      Features
      • Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan
      • Flooring: Carpet, Luxury Vinyl Plank
      • Windows: Window Coverings
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 4,078
      • Total interior livable area: 4,078 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Covered, Carport, Driveway, Gravel
      • Has carport: Yes
      • Covered spaces: 8
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Dog Run, Lighting, Rain Gutters, Storage
      • Pool features: None
      • Fencing: Back Yard,Cross Fenced,Fenced,Metal,Partial
      Lot
      • Size: 1.06 Acres
      • Dimensions: 280 x 230
      • Features: Back Yard, Cleared, Interior Lot, Lawn, Level, Few Trees
      Details
      • Parcel number: R000129714

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Board & Batten Siding
      • Foundation: Slab
      • Roof: Composition,Metal
      Condition
      • Resale
      • Year built: 1983

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Overhead Utilities, Septic Available, Separate Meters, Underground Utilities, Water Available

      Community & HOA

      Community
      • Subdivision: R & R Little Estates
      HOA
      • Has HOA: No
      Location
      • Region: Azle

      Financial & listing details

      • Price per square foot: $190/sqft
      • Date on market: 11/21/2025
      • Cumulative days on market: 304 days
      • Listing terms: Cash,Conventional
      • Exclusions: Tenant property.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/26/2026Price change$775,000-1.9%$190/sqft
        Source: NTREIS #21113573 Report a problem
        5/14/2026Price change$789,900-1.3%$194/sqft
        Source: NTREIS #21113573 Report a problem
        4/22/2026Price change$800,000-2.4%$196/sqft
        Source: NTREIS #21113573 Report a problem
        4/17/2026Price change$820,000-1.2%$201/sqft
        Source: NTREIS #21113573 Report a problem
        4/1/2026Price change$830,000-2.4%$204/sqft
        Source: NTREIS #21113573 Report a problem
        11/21/2025Listed for sale$850,000+8399.2%$208/sqft
        Source: NTREIS #21113573 Report a problem
        12/20/2024Sold--
        Source: NTREIS #20782757 Report a problem
        11/26/2024Pending sale$10,001$2/sqft
        Source: NTREIS #20782757 Report a problem
        11/21/2024Listed for sale$10,001$2/sqft
        Source: NTREIS #20782757 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 76020

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Reno
        • Middle: Springtown
        • High: Springtown
        • District: Springtown ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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