1060 E Reno Rd, Azle, TX 76020

Introducing a Zero CapEx, turnkey 4-unit investment property positioned in the Fort Worth Growth Corridor—a rare opportunity to acquire a fully modernized, low-maintenance asset on 1.06 acres in the rapidly expanding Reno/Azle submarket.

This stabilized four-unit package spans three separate buildings—two single-family homes and one duplex—each fully renovated within the last two years with stud-to-stud upgrades far above local market standards. All major systems have been replaced, including new roofs, HVAC units, septic systems, insulation, plumbing, electrical updates, kitchens, baths, flooring, and full interior/exterior finishes. The result is a bulletproof asset requiring zero deferred maintenance, making it ideal for investors seeking immediate income with minimal operational burden.

Each unit features its own private fenced backyard, dedicated driveway, two covered parking spaces, and an individual storage building—a highly desirable configuration for long-term tenant retention. All four units are individually metered for water and electric, offering clean utility pass-throughs and lower operational overhead.

Three units are currently leased to reliable residents; the fourth single-family home is intentionally left vacant for owner-occupant flexibility, short-term rental potential, or immediate re-leasing (previously rented for $1,850/month). Based on existing and recent unit performance, the asset supports a projected NOI of approximately $70,777 and an 8.2% Pro Forma Cap Rate.

Located within Springtown ISD, the property blends small-town stability with direct access to Azle’s shopping, dining, and services, and is less than 30 minutes from Fort Worth. This submarket continues to benefit from population inflow, affordability migration, and strong rental demand.

An adjoining parcel—also available for purchase—features full utilities, three-phase power, and an approximate 6,400 sq ft commercial-grade shop with office areas and restrooms, offering expansion potential for contractors, business owners, or additional income streams. Plus, a leased single wide with stable rental income.

This is a truly exceptional opportunity to own a turnkey, fully modernized, high-yield rental property with multiple paths for income growth, portfolio expansion, and long-term appreciation in one of the fastest-growing corridors outside Fort Worth.