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1551 E Reno Road

Reno, TX 76020
  • $499,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 14625415
Price Reduced
UPDATED: 208 min ago
$499,000
  • 16
    BEDS
  • 1.66
    ACRES
  • 11
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
High School:
School District:
Offered by Marsha Hardin of Marsha Hardin Real Estate Llc.

Description

Investor opportunity in growing area! 6 mobile homes on 1.66 acres. Property is zoned commercial. Four of the units are 3 bedroom, 2 bath mobiles. There is one 2 bedroom, 2 bath mobile and a 2 bedroom, 1 and a half bath mobile. Reno city water. Each unit has its own conventional septic system and a storage shed. All units have been well maintained. Tenants pay for water, electric, and trash. Operating expenses are from 2019 as a more accurate number of annual expenses. Seller did some extensive rehabbing of one of the properties in 2020. Gross income does not reflect a $100 per month increase in rent effective November, 2021, on one of the properties

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-27T23:39:20.59.
www.rebdgroup.com/homes/119470985
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1551 E Reno Road Reno, TX 76020

  • Price: $499,000
  • Status: Active
  • Updated: 208 min ago
  • MLS #: 14625415
16
Beds
11
Baths
1
½ Baths
1.66
Acres
Neighborhood:
John Hall Survey
County:
Parker
Area:
Parker County
Elementary School:
Liberty
High School:
Azle
School District:
Azle ISD
Property Description
Investor opportunity in growing area! 6 mobile homes on 1.66 acres. Property is zoned commercial. Four of the units are 3 bedroom, 2 bath mobiles. There is one 2 bedroom, 2 bath mobile and a 2 bedroom, 1 and a half bath mobile. Reno city water. Each unit has its own conventional septic system and a storage shed. All units have been well maintained. Tenants pay for water, electric, and trash. Operating expenses are from 2019 as a more accurate number of annual expenses. Seller did some extensive rehabbing of one of the properties in 2020. Gross income does not reflect a $100 per month increase in rent effective November, 2021, on one of the properties
Exterior Features

Construction Siding Exterior Features Covered DeckSatellite DishStorage Building Fence None Foundation Pilings Lot Description AcreageSome Trees Parking Or Garage Open Parking Spaces 12 Pool On Property No Roof Other Waterfront YN No

Interior Features

Fireplaces 0 Flooring CarpetVinyl Handicap YN No Heating Central Air-ElecCentral Air-GasCentral Heat-ElecPropane Interior Features High Speed Internet Available Kitchen Equipment DishwasherRange/Oven-Electric Sq Ft Building 0

Property Features

Alarm Or Security Type Carbon Monoxide DetectorSmoke Detector Building Area Source Other Documentation Buildings 6 Complex Name None Construction Status Preowned Gross Annual Expenses 16711 Gross Annual Income 49900 HOA None Insurance Expense 4722 Junior High School Forte Municipal Utility District No Net Annual Income 33189 Possession Subject To Lease Property Type Mul-Multiple Single Units Proposed Financing CashConventional Total Annual Expenses Include Accounting/LegalLawn CareMaintenanceSuppliesTaxes Unexempt Taxes 4422 Unit Count 6 Utilities AsphaltCity WaterSeptic Will Subdivide Yes

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate By Design | Keller Williams. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Real Estate By Design | Keller Williams are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-10-27T23:39:20.59.
 
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Real Estate By Design | Keller Williams
2434 Lillian Miller Pkwy
Denton TX, 76205
Offered by Marsha Hardin of Marsha Hardin Real Estate Llc.