Properties

Springtown, TX 76082 1610 Newsom Mound Road

1610 Newsom Mound Road Springtown, TX - Image 11610 Newsom Mound Road Springtown, TX - Image 21610 Newsom Mound Road Springtown, TX - Image 3
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Presented By: Welcome Home Residential, PLLC
  • MLS# 21075365
  • 10/01/2025
  • Get pre-approved
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  • Beds • 11
  • Baths • 6
  • Garage • 3

Home Details

Incredible Investment Opportunity! This unique property offers six tenant occupied homes on 3.351 acres, making it an excellent addition to any rental portfolio. PLEASE DO NOT DISTURB TENANTS. Each home sits on approximately half acre, and the property has very nice Pecan and Blackjack oak trees. Five of the homes are two bedroom and one bath, of which four were fully renovated in 2010 and the fifth was fully renovated in 2022. These homes have pier & beam foundations and feature central HVAC, propane heat, and hardwired smoke detectors. The sixth home is one bedroom and one bath and was built in 2018 with a slab foundation, Hardie plank siding, packaged terminal AC with electric heat, and battery-operated smoke detectors. Five homes also have owner supplied washer and dryers. Each home is equipped with the following: 150-gallon propane tank & 200-amp electric service. Refrigerator with icemaker, built-in microwave, dishwasher, and propane range. Propane tankless water heater. Tile flooring throughout. Low-E vinyl double-pane โ€“ single hung windows, ceiling fans, and mini blinds. Motion detection exterior security lights. Two homes have one car attached garages and three homes have large detached carports. Each home has its own septic system with three being aerobic and three being conventional. Investor-friendly setup: Each home is separately metered. Tenants paying their own water, electricity, and propane, as well as lawn careโ€”keeping operating costs low for the owner. Owner provides a community dumpster for trash disposal. Based on 2025 net income, this property produces a 7.66% cap rate based on the listing price. Additional pictures available upon request.
Presented By: Welcome Home Residential, PLLC

Interior Features for 1610 Newsom Mound Road

Bedrooms

Total Bedrooms11

Bathrooms

Half Baths0
Total Baths6

Other Interior Features

Unit Count6
Fireplaces Total0
Lock Box TypeNone
Basement Y/NNo
FlooringCeramic Tile
Interior FeaturesHigh Speed Internet Available
Occupancy Rate100
Total Units6

General for 1610 Newsom Mound Road

# of Buildings6
AppliancesDishwasher, Dryer, Gas Range, Microwave, Washer
Capitalization Rate7.66
Carport Spaces8
CitySpringtown
Complex Name.
Construction MaterialsSiding
CoolingCeiling Fan(s), Central Air
CountyParker
DirectionsFrom Azle Highway 199 East towards Springtown. Turn Left on Newsom Mound Rd. Properties are on the left.
Elementary SchoolAzle
Elementary School NameAzle
ExclusionsMINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned
Full Baths6
Gross Annual Expenses8876.00
HOA TypeNone
HeatingCentral, Propane
High SchoolAzle
Insurance Expense3647
Junior High SchoolForte
LevelsOne
Listing TermsCash, Conventional
Number of Garage Spaces3
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofComposition
School DistrictAzle ISD
Security FeaturesSecurity Lights
Standard StatusActive
StatusActive
Subdivision Name.
Unexempt Taxes8725
UtilitiesAerobic Septic, Community Mailbox, Gravel/Rock, Individual Water Meter, Outside City Limits, Overhead Utilities, Private Road, Septic, Unincorporated
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built9999
Year Built DetailsPreowned

Exterior for 1610 Newsom Mound Road

Building Area Total5686.00
Covered Spaces6
Exterior FeaturesStorage
Foundation Pillar/Post/Pier, Slab
Lot Size3 to < 5 Acres
Lot Size Acres3.3510
Lot Size Area3.3510
Lot Size Square Feet145969.5600
Lot Size UnitsAcres
Number Of Parking Spaces24
Parking FeaturesAssigned, Attached Carport, Covered
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Azle Elementary School
Middle School N/A
High School N/A

Connect Realty

Price $895,000
MLS#21075365
List Date 10/01/2025
Property Type Multi-Family
Phone 888.795.6274
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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