1551 E Reno Road

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    1551 E Reno Road Reno, TX 76020

    Sold
    SOLD 1/14/2022

    • 1.66 Acres
    • Commercial
    • MLS# 14635859
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    Views: 54

    Property Details

    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.

    • General Features
      • County Or Parish Parker
      • Financing Proposed Cash,Conventional
      • Possession Subject to Lease
      • Property Sub Type COM-Sale
      • Property Type Commercial
      • Security Features Carbon Monoxide Detector,Smoke Detector
      • SQFT Building 0
      • SQFT Gross 0
      • SQFT Leasable 5948
      • Subdivision Name John Hall Survey
      • Unexempt Taxes $4,422
      • Utilities Asphalt, City Water, Septic
      • Year Built 9999
      • Year Built Details Preowned
    • Building Features
      • Building Area Source Other Documentation
      • Building Use Other
      • Ceiling Height 8 to10 Feet
      • Construction Materials Siding
      • Construction Materials Walls Paneling
      • Flooring Carpet,Vinyl
      • Foundation Details Pilings
      • Heating Central Air-Elec,Central Air-Gas,Central Heat-Elec,Propane
      • Number Of Leaseable Spaces 6
      • Number Of Stories 1
      • Number Of Units 6
      • Parking Features Open
      • Roof Other
    • Property Features
      • Lot Size 1 Acre to 2.99 Acres
      • Lot Size Area 1.660
      • Lot Size Area SQFT 72309.60
      • Lot Size Source Tax
      • Lot Size Units Acres
      • Waterfront Y/N 0
    • Additional Features
      • Tax Legal Description ACRES: 1.660 TRACT: 7 ABST: 2308 SURVEY: HALL
      • Commercial Features Outside Storage
      • Occupancy Tenant
      • Number Of Spaces Leased 6
      • Road Frontage FM Road

    Neighborhood

    76020 (Reno) Demographics

    42 Median Age
    409 Population Density (per sq. mile)
    28% College Educated
    $67,674 Estimated Median Income
    7,962 Estimated Total Home Owners
    2,373 Estimated Total Renters
    77% / 23% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    29,131 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    46 Homes Sold
    36 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Percent Change
        -- New in Database Source: Multiple Listing Service 69899900%
        1/14/2022 2:00:00 AM Sold Source: Multiple Listing Service -100%
        12/22/2021 5:34:22 PM Status Changed Source: Multiple Listing Service
        11/20/2021 10:03:18 AM Status Changed Source: Multiple Listing Service
        10/21/2021 10:18:22 AM Price Reduced Source: Multiple Listing Service -9.27%
        10/11/2021 1:18:26 PM Price Reduced Source: Multiple Listing Service -8.18%
        8/20/2021 1:18:27 PM Price Reduced Source: Multiple Listing Service
        ©2022 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.