10 Beds
11 Baths
4,078 SqFt
10 Beds
11 Baths
4,078 SqFt
Open House
Sat Apr 18, 4:30pm - 5:30pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,078 sqft
Subdivision R & R Little Estates
MLS Listing ID 21182190
Style Traditional
Bedrooms 10
Full Baths 8
Half Baths 3
HOA Y/N None
Year Built 1983
Lot Size 1.061 Acres
Acres 1.0613
Lot Dimensions 280x230
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Parker
Direction 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.
Rooms
Dining Room 4
Interior
Interior Features Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Full Size W/D Area, Stacked W/D Area, Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Dog Run, Rain Gutters, Lighting, Storage
Carport Spaces 8
Fence Back Yard, Cross Fenced, Fenced, Metal, Partial
Utilities Available All Weather Road, City Water, Co-op Electric, Individual Water Meter, Overhead Utilities, Septic, Underground Utilities
Roof Type Composition,Metal
Total Parking Spaces 8
Garage No
Building
Lot Description Cleared, Few Trees, Interior Lot, Level, Lrg. Backyard Grass
Story Two
Foundation Slab
Level or Stories Two
Structure Type Board & Batten Siding,Siding
Schools
Elementary Schools Reno
Middle Schools Springtown
High Schools Springtown
School District Springtown Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Aerial Photo, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21182190
Nearby Locations
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