Reno, TX 76020,1551 E Reno Road

$499,000

Est.Price: ?

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Est. payment /mo

1.66 Acres Lot


SOLD DATE : 01/14/2022

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision John Hall Survey

MLS Listing ID 14635859

Sold Date 01/14/22

Annual Tax Amount $4,422

Lot Size 1.660 Acres

Acres 1.66

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 an average of the last 3 years. Owner did some significant rehabbing in 2020 of one of the units. Operating expenses for 2019 was $16,711 and $15,258 for 2018.

Location

State TX

County Parker

Zoning comm

Direction From Hwy 199, go north on FM 730. Left on E Reno Road. Property will be on the right.

Interior

Heating Central, Electric, Propane

Cooling Central Air, Electric, Gas

Flooring Carpet, Vinyl

Heat Source Central, Electric, Propane

Exterior

Utilities Available Asphalt, City Water, Septic

Roof Type Other

Parking Type Open

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Siding

Others

Ownership Reno Road East LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Marsha Hardin • Marsha Hardin Real Estate LLC
Bought with Marsha Hardin • Marsha Hardin Real Estate LLC
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