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$399,000

885 Kyle Cir, Reno, TX, 76020

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,843 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.34 / sqft

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size3.48 acres

Land Information

APN21420-022-000-00
Land UseResidential
Legal DescriptionACRES: 3.480 ABST: 1420 SURVEY: T & P RR CO SUR 5 TR: BLK: TR 42 SURV: T & P R R CO
Census Tract140412
Assessed Land Value$183,050
Assessed Improvement Value$320,720
Assessment Year2025

About this property

INVESTOR SPECIAL ON 3.5 ACRES! A RARE OPPORTUNITY! Bring your vision and imagine the possibilities with this unique property offering approximately 3.5 acres in a fast-growing area where this much land is increasingly hard to find. Offered AS IS, this property presents an exciting opportunity for an investor, renovator, or buyer looking for space, privacy, and the freedom to create something truly special. The spacious home features three generously sized bedrooms, two full baths, a large living room with fireplace, formal dining area, and a bonus or game room currently being used as additional guest space with its own access. The existing floor plan offers plenty to work with, including the potential to reimagine the kitchen and dining areas into a grand open-concept gathering space with a large island at the center. Step outside and you'll quickly understand what makes this property so special. The approximately 3.5 acres are fully fenced and include a pond, creating even more possibilities for enjoying and utilizing the land. Covered porches overlook wide open acreage with peaceful views instead of neighboring rooftops, and local wildlife is a regular sight including deer often seen feeding in the mornings. An above-ground pool with deck adds to the outdoor possibilities, while the recently replaced carport and small shop with electricity and additional storage provide useful space for projects, equipment, or hobbies. Renovate the existing home and make it shine, transform it to fit your vision, or explore the possibilities of creating something new on this beautiful piece of land. With approximately 3.5 acres, a pond, full fencing, privacy, and room to dream, there is a lot to work with here. Opportunities like this don't come along often bring your contractor, bring your ideas, and come see the potential for yourself! Seller is motivated to move it!

Investor Tools

$0Estimated Mortgage Balance
$503,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,023 /month
Positive
Cash Flow Estimate:
$1,008 /month

Interested in this property?

Mandy Cole

Call It Closed Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$823/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$503,770
2025
$183,050
$320,720
$503,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$503,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$503,770
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Reno

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