R & R Little Estates Homes with Lawn Lot description

Welcome to R & R Little Estates, a charming subdivision nestled in the heart of Reno, Texas, in Parker County. This picturesque community offers a perfect blend of tranquility and modern living, making it an ideal choice for families, retirees, and anyone looking to embrace the serene lifestyle that Texas has to offer.

R & R Little Estates boasts beautifully designed homes, each featuring spacious layouts that cater to a variety of lifestyles. One of the standout features of this subdivision is the generous lawn lots that accompany each residence. These expansive yards provide ample space for outdoor activities, gardening, or simply enjoying the warm Texas sun. Imagine hosting summer barbecues, playing catch with the kids, or creating your own tranquil oasis right outside your door.

The community is conveniently located, providing easy access to local amenities, schools, and parks. Reno is known for its friendly atmosphere and close-knit community feel, making it a wonderful place to call home. With its scenic surroundings and welcoming neighbors, R & R Little Estates invites you to experience the joys of suburban living while still being just a short drive away from the vibrant culture and entertainment options of nearby cities.

Whether you're looking to settle down or invest in a property with potential, R & R Little Estates offers a unique opportunity to enjoy the best of Texas living. Discover your dream home today in this idyllic subdivision, where comfort, community, and charm await you!

Newest R & R Little Estates Homes with Lawn Lot description

$775,000

10 Beds ⋅ 11 Baths ⋅ 21182190 MLS ⋅ R & R Little Estates BLDG.

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.

1060 E Reno Rd, Reno

$775,000

10 Beds ⋅ 11 Baths ⋅ 21113573 MLS ⋅ R & R Little Estates BLDG.

Rare opportunity to own a fully renovated, bulletproof multi-unit investment property on one acre in Reno, TX, just minutes from all the shopping, dining, and conveniences of Azle. This unique setup includes four income-producing units across three separate homes—two single-family residences plus one duplex—all renovated over the last two years with stud-to-stud upgrades well beyond market standards. Every major component has been replaced, including roofs, septic systems, HVAC, insulation, flooring, kitchens, baths, paint, and more. Zero deferred maintenance and no upcoming cap-ex make this a true turnkey asset. Each unit features its own private fenced backyard, dedicated driveway parking, and two covered carport spaces. Individual water and electric meters are installed for all units, and each dwelling includes its own exterior storage building. Designed for longevity and low maintenance, this property offers excellent stability with three units leased and one single-family home intentionally left vacant for potential owner-occupancy or new leasing—previously rented for $1,850 per month. 8.2% Projected Cap Rate thanks to the zero deferred maintenance upkeep! Located within Springtown ISD, the property offers a quiet, small-town feel with quick access to nearby urban conveniences. An adjoining parcel may also be available for purchase and includes utilities, three-phase electric service, and an approx. 6,400 sq ft shop with separate work and office areas—including restrooms—offering additional income potential or space for a business operation. Situated on a corner lot, the expansion option provides outstanding accessibility for contractors, business owners, or investors looking to grow their residential or commercial portfolio. 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.

Tbd E Reno Rd, Reno

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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