1610 NEWSOM MOUND ROAD, SPRINGTOWN, TX 76082

Homes for sale in Springtown.

Homes for sale in 76082.


1610 Newsom Mound Road

Springtown, TX 76082

Active

List Price$935,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21075365

11

Bedrooms

6 full

Bathrooms

5,686

Square Feet

6

Number of Units

Multi-Unit Residential

Type

About This Property

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. Based on 2025 net income, this property produces a 7.34% cap rate based on the listing price. Additional pictures available upon request.

Property Features

Location Information

County

Parker

Subdivision

.

Interior Features

Interior

High Speed Internet

Cooling

Central Air, Ceiling Fan(s)

Full Baths

6

Floors

Ceramic Tile

Has Fireplace

No

Appliances

Dryer, Dishwasher, Gas Range, Microwave, Washer

Number of Fireplaces

0

Total Number of Units

6

Heating

Central, Propane

Exterior Features

Stories

1

Garage Spaces

3

Exterior

Storage

Pool Description

None

Foundation

Pillar/Post/Pier, Slab

Lot Size in Acres

3.351

Roof

Composition

Lot Size in Sq. Ft.

145,969

Water / Sewer

Overhead Utilities, Septic Available, Separate Meters, Water Available

Buildings

6

Utilities

Overhead Utilities, Septic Available, Separate Meters, Water Available

Building Total Area (Sq. Ft.)

5,686

Security System

Security Lights

Road Description

Private Road, Gravel

Parking Description

Attached Carport, Assigned, Covered

Is One Story

Yes

Has Garage

Yes

School

Elementary School District

Azle ISD

High School

Azle

Elementary School

Azle

Additional Information

Year Built Details

Preowned

Tax Annual Amount

8725.0

Property Type

RI

Exclusions

MINERALS. Storage sheds on 1620 and 1624 newsom mound. They are tenant owned

Status

Active

Community Features

Community Mailbox

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$4,366

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,369

Monthly Tax

$779

Monthly Insurance

$218

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder