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Parker, US
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.
Courtesy Of: The Costello Group, LLC
Feature Highlights
- Dining Room
- Family Room
- Accessory Unit
General Features
- Style:
- Traditional
- Foundation Type:
- Slab
- Garage:
- Carport,Covered,Driveway,Gravel
Public Schools
- School District:
- Springtown ISD
- Elementary School:
- Reno
- Middle School:
- Springtown
- High School:
- Springtown
Interior Features
- Baths Full:
- 8
- Baths Half:
- 3
- Beds Total:
- 10
- Room Count:
- 2
- Number Of Living Areas:
- 4
- Number Of Dining Areas:
- 4
- Flooring:
- Carpet,Luxury Vinyl Plank
- Interior Features:
- Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Open Floorplan
- Heating:
- Central,Electric
Exterior Features and Amenities
- Lot Size Area:
- 1.0613
- Architectural Style:
- Traditional
- Lot Size Dimensions:
- 280x230
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Parking Features:
- Carport,Covered,Driveway,Gravel
- Roof:
- Composition,Metal
- Subdivision Name:
- R & R Little Estates
- Lot Features:
- Cleared,Few Trees,Interior Lot,Level,Lrg. Backyard Grass
- Complex Name:
- R & R Little Estates
- Exterior Features:
- Dog Run,Rain Gutters,Lighting,Storage
- Fencing:
- Back Yard,Cross Fenced,Fenced,Metal,Partial
- Lot Size:
- 1 to < 3 Acres
Utility Information
- Utilities:
- All Weather Road,City Water,Co-op Electric,Individual Water Meter,Overhead Utilities,Septic,Underground Utilities
Financial
- Transaction Type:
- For Sale
- Tax Legal Description:
- Acres: 1.061, Lot: 1, Subd: R&R LITTLE ESTATES, G
Other Features
- Soil Type:
- Unknown
- Year Built Details:
- Preowned
- Will Subdivide:
- No
- Structural Style:
- Condo/Townhome,Single Detached
- Special Notes:
- Aerial Photo,Survey Available
- Foundation Details:
- Slab
- Security Features:
- Unknown
- Construction Materials:
- Board & Batten Siding,Siding
- Possession:
- Closing/Funding,Lease Outstanding,Negotiable,Other
- Easements:
- Utilities
- Parcel Number:
- R000129714
- Intermediate School Name:
- Springtown
Directions
Some GPS's are not accurate. 32.938602385441506, -97.55943606014787 coordinates are easiest. E Reno Rd is AKA 1542. From Hwy 199 and Boyd Rd, go north On Boyd for 2.5 miles, turn left onto E Reno Rd-1542 for 1 mile, property on left right after the first loop of Arvel Circle.
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-02-19.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
