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1610 Newsom Mound Road
Springtown TX 76082 US

$985,000

Active Listing ID 21075365
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11 bed
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6.00 Bath (6 Full)
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Lot: 3.35 Acres
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Other

$985,000

Active Listing ID 21075365
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1610 Newsom Mound Road 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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Property Features

  • Facts
  • Lot Size: 3.35 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Ceiling Fan(s), Central Air
  • Exterior Finish: Storage
  • Floor Covering: Tile, Tile - Ceramic
  • Roof Type: Composition
  • Heating Fuels: Central, Propane (Heating)

School Information

  • School
  • Azle(Elementary)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 985000
  • unparsedaddress: 1610 Newsom Mound Road
  • postalcity: Springtown
  • stateorprovince: TX
  • country: US
  • postalcode: 76082
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.351
  • lotsizeunits: Acres
  • lotsizearea: 3.351
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 32.915227
  • longitude: -97.598768
  • listagentfullname: Gene Monroe
  • listagentemail: genemmonroe@yahoo.com
  • listagentkey: 3yd-NTREIS-0517879
  • listagentmlsid: 0517879
  • listagentpreferredphone: 2147333596
  • listagentofficephone: 2147333596
  • listofficekey: 3yd-NTREIS-WHLTV01
  • listagentstatelicense: 0517879
  • listofficemlsid: WHLTV01
  • disclaimer: Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • listagenturl: http://www.welcomehomeresidential.com
  • countyorparish: Parker
  • parcelnumber: R000069436
  • elementaryschool: Azle
  • appliances: Dishwasher, Dryer, Microwave, Range, Range - Gas, Washer
  • cooling: Ceiling Fan(s), Central Air
  • flooring: Tile, Tile - Ceramic
  • heating: Central, Propane (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 24
  • parkingfeatures: Assigned, Carport, Covered
  • roof: Composition
  • waterfrontyn: False
  • interiorfeatures: High Speed Internet Available
  • exteriorfeatures: Storage
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.59877, 32.915226
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Welcome Home Residential PLLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"genemmonroe@yahoo.com", "ListBrokerageCity":"Allen", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Welcome Home Residential PLLC", "ListBrokeragePhone":"(214) 733-3596", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"Suite B-2 803 E. Main St.", "ListBrokerageWebsiteUrl":"http://www.welcomehomeresidential.com", "ListOfficeAddress1":"5427 Winford", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"0496214", "ListOfficeCity":"Katy", "ListOfficeCountry":"US", "ListOfficeEmail":"tanya.welcomehomeresidential@yahoo.com", "ListOfficePostalCode":"77449", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Multiple Single Units - Springtown, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1610-Newsom-Mound-Rd_Springtown_TX_76082_M86119-51463?f=listhub&s=NTREIS&m=21075365&c=rexren", "MLSModificationTimestamp":"2025-10-01T22:10:35Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multiple Single Units", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/8/2025 3:41:59 PM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

Courtesy of: Gene Monroe, Welcome Home Residential, PLLC, genemmonroe@yahoo.com

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.