1610 NEWSOM MOUND ROAD, SPRINGTOWN, TX 76082
Homes for sale in Springtown.
Homes for sale in 76082.
1610 Newsom Mound Road
Springtown, TX 76082
List Price$935,000
Listing #21075365
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
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