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1610 Newsom Mound Road Springtown, TX $ 985,000
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$ 985,000 Get more info
1610 Newsom Mound Road
$ 985,000
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Share Save

1610 Newsom Mound Road

Springtown, TX, 76082
$ 985,000
Bedrooms11 Baths6.0

Monthly Estimate*

$ 6,145

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Multi-Family Home for sale in Springtown, TX

for $985,000 with 11 bedrooms and 6 full baths. The lot size is 3.351.

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 – 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 two being aerobic and four being conventional. Investor-friendly setup: Each home is separately metered. Tenants paying their own water, electricity, and propane, as well as lawn care—keeping operating costs low for the owner. Owner provides a community dumpster for trash disposal. With a conservative projected net income for 2025 this property produces a 7% cap rate based on the listing price, opportunities like this are rare in today’s market. Additional pictures available upon request.

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Multi-Family Active

Price

$ 985,000

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,900

Style

Multiple Single Units

Lot Size

3.351

Town/City

Springtown

County/Region

Parker

MLS | Web ID

21075365
Features
Interior
Interior Features High Speed Internet Available
Flooring Ceramic Tile
Basement Y/N 0
Occupancy Rate 100
Total Units 6
Half Baths 0
Total Bedrooms 11
Total Baths 6
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General
Heating Central Propane
Complex Name .
Cooling Ceiling Fan(s) Central Air
Utilities Aerobic Septic Community Mailbox Gravel/Rock Individual Water Meter Outside City Limits Overhead Utilities Private Road Septic Unincorporated
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Dryer Gas Range Microwave Washer
Number of Garage Spaces 3
School District Azle ISD
Pool Y/N 0
Exclusions MINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned
Year Built 9999
Levels One
Property Subtype Multiple Single Units
Subdivision Name .
County Parker
Property Type Residential Income
Construction Materials Siding
Year Built Details Preowned
HOA Type None
# of Buildings 6
Full Baths 6
Status Active
Directions From Azle Highway 199 East towards Springtown. Turn Left on Newsom Mound Rd. Properties are on the left.
City Springtown
Elementary School Name Azle
High School Azle
Elementary School Azle
Standard Status Active
Junior High School Forte
Listing Terms Cash Conventional
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Exterior
Waterfront 0
Exterior Features Storage
Parking Features Assigned Attached Carport Covered
Lot Size 3 to < 5 Acres
Foundation Pillar/Post/Pier Slab
Building Area Total 5686.00
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Internal Only
Street Number 1 1610
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* Excluded Features
List By
Gene Monroe

Listing Agent

Welcome Home Residential, Pllc

Broker

Affordability Calculator

$6,887
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,145
Monthly Property Taxes
$742
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
287309 Elementary School
3671319 Middle School
See complete school information
Pricing History
Date Price Price Change Description
10/2/2025 $985,000 Listed Price

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1610 Newsom Mound Road, Springtown, TX, 76082 is a Multi-Family Home for sale at $985,000 with a lot size of 3.351. 1610 Newsom Mound Road has 11 bedrooms and 6.0 baths. The property's zip code is 76082 which is in Springtown, TX

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