Add to Favorites Add to Favorites
Add to Favorites
For Sale

$599,000

1551 E Reno Road
Reno, TX 75462

Bed 16 br
Bathroom 11.5 ba
Investor opportunity in growing area! 6 mobile homes on 1.66 acres. Property is zoned commercial. All units are leased. 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. There may possibly be a potential to add more units. 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. Read More

Market Status
Available
Last Updated
September 18, 2021

Property Type
Multi Family
Bedrooms
16 BR
Baths
11 full BA; 1 ½BA
Stories
1
Dishwasher
-
Oven
-
Heating System
Central Furnace
Stories
1.0
Central Air
-
Parking
Open
Porch/Deck
-
Floors
Carpet; Vinyl
Property Type
MultiFamily; MUL-Multiple Single Units
Additional Areas
Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath; Half Bath
Additional Features
Azle ISD; Azle ISD; Azle ISD,Azle,Forte,Wired for High Tech,Liberty
Additional Features
Azle ISD; Azle ISD; Azle ISD,Azle,Wired for High Tech,Forte,Liberty
Additional Features
Azle ISD; Azle ISD; Azle ISD,Forte,Liberty,Azle,Wired for High Tech
Additional Features
Azle ISD; Azle ISD; Azle ISD,Forte,Wired for High Tech,Liberty,Azle
Additional Features
Azle ISD; Azle ISD; Azle ISD,Liberty,Forte,Wired for High Tech,Azle
Additional Features
Azle ISD; Azle ISD; Azle ISD,Liberty,Wired for High Tech,Forte,Azle
Additional Features
Azle,Azle ISD; Azle ISD; Azle ISD,Forte,Liberty,Wired for High Tech
Additional Features
Azle,Azle ISD; Azle ISD; Azle ISD,Wired for High Tech,Liberty,Forte
Additional Features
Azle,Forte,Wired for High Tech,Azle ISD; Azle ISD; Azle ISD,Liberty
Additional Features
Azle,Forte,Wired for High Tech,Liberty,Azle ISD; Azle ISD; Azle ISD
Additional Features
Forte,Azle,Wired for High Tech,Azle ISD; Azle ISD; Azle ISD,Liberty
Additional Features
Forte,Liberty,Azle,Wired for High Tech,Azle ISD; Azle ISD; Azle ISD
Additional Features
Liberty,Azle ISD; Azle ISD; Azle ISD,Forte,Azle,Wired for High Tech
Additional Features
Liberty,Forte,Wired for High Tech,Azle,Azle ISD; Azle ISD; Azle ISD
Additional Features
Liberty,Wired for High Tech,Azle,Azle ISD; Azle ISD; Azle ISD,Forte
Additional Features
Liberty,Wired for High Tech,Forte,Azle ISD; Azle ISD; Azle ISD,Azle
Additional Features
Wired for High Tech,Azle,Liberty,Forte,Azle ISD; Azle ISD; Azle ISD
Additional Features
Wired for High Tech,Forte,Azle,Azle ISD; Azle ISD; Azle ISD,Liberty

Local Market Conditions

There are currently 62 properties for sale in the Paris, TX area with the average listing price of $265,112. This represents a decrease of -0.4% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -3.0% decrease. To learn more about the Paris, TX area, contact a local expert!

Market Snapshot for Paris, TX

Avg. Listing Price

$265,112

Wk ending Sep 4

$-944

-0.4%

w-o-w

62

64

60

6

4

Average Listing Price for Paris, TX
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $265,112 -0.4% $266,056 $259,192 $248,580
1 bedroom1 BR - +0.0% - - $20,000
2 bedrooms2 BR $205,467 +68.4% $122,043 $138,144 $114,162
3 bedrooms3 BR $240,407 -3.0% $247,752 $231,584 $219,524
4 bedrooms4 BR $277,900 -0.8% $280,175 $291,750 $293,445

Home loan
Need a Home Loan?
Take the first step to secure financing for your home.

Listing Provided By:

Marsha Hardin

Marsha Hardin Real Estate LLC

Phone
This $599,000 Multi Family at 1551 E Reno Road in Reno, TX is presented by Marsha Hardin. This $599,000 Multi Family, located in the 75462 zip code, has the following property features: Liberty,Wired for High Tech,Azle,Azle ISD; Azle ISD; Azle ISD,Forte, Dishwasher, Liberty,Azle ISD; Azle ISD; Azle ISD,Forte,Azle,Wired for High Tech, Azle,Azle ISD; Azle ISD; Azle ISD,Forte,Liberty,Wired for High Tech. This 1551 E Reno Road Multi Family is listed under MLS listing number 14625415, has 16 beds, 12 baths, and has a listing price of $599,000. You can find more Reno homes for sale here.

Data Provided by North Texas Real Estate Information Systems Inc

More Information for this listing