← All homes

735 Anderson Road

Reno, TX 75462

$225,000

2 units · 1997

Units2
Building area1,896 sq ft
Year built1997
Gross income$17,400/yr
Cap rate6.22% as listed
Parking4 spaces
Lot size0.26 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$3,600 per year — as listed
Insurance$3,000 per year — as listed
Net operating income$14,000 per year — as listed

About this home

This brick duplex offers a solid investment opportunity with strong rental potential. The property features two units, one currently occupied and the other vacant—perfect for immediate showings or owner occupancy. With multiple applicants already expressing interest, demand is evident. Conveniently located near local amenities, the property provides easy access to shopping, dining, and major routes. While it does need some updating, the structure and layout offer a great foundation to add value and increase returns.

The details

HeatingCentral
CoolingCeiling Fan(s), Central Air, Electric
FlooringLaminate
AppliancesDishwasher, Disposal, Electric Range
Interior featuresOpen Floorplan

Construction materialsBrick
RoofMetal
FoundationSlab

FencingChain Link
Water sourceCity Water, Individual Water Meter
SewerCity Sewer
ElectricCo-op Electric, Electricity Connected
UtilitiesIndividual Gas Meter

SubdivisionBlount Addition 1

ElementaryEverett
Middle schoolStone
High schoolNorthlamar
DistrictNorth Lamar ISD

Gross income$17,400 per year
Operating expenses$3,600 per year
Insurance$3,000 per year
Cap rate6.22% — as listed
Net operating income$14,000 per year

MLS #21213062
Source
Price changeReduced by $4,000 · Sep 17, 2026
On the market182 days
CountyLamar

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 2.5 mi
Nearest parkReno Kiwanis Park · 0.2 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of Century 21 Harvey Properties-P — Matthew Coyle.

Where it is

Open in Google Maps

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 735 Anderson Road Text Robert & Stephen

Texting starts a conversation with Robert and Stephen. Message & data rates may apply — reply STOP to end.

Nearby in RENO

Three more worth a conversation.

1625 Sugar Hill Road, Reno, TX 75462

$234,900

3 bd · 2 ba · 1,543 sq ft · 0.29 ac

1625 Sugar Hill Road

Reno, TX 75462

Listing courtesy of Hygge Homes and Land

TBD Nelson Road, Reno, TX 76020

$235,000

Land · 5 ac · $47K/ac

TBD Nelson Road

Reno, TX 76020

Listing courtesy of Keller Williams Fort Worth

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21213062. Information last updated September 17, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Start a conversationAsk about this home
Scroll to Top